Market Overview for BENQI/Tether (QIUSDT) on 2025-12-31

Wednesday, Dec 31, 2025 2:56 am ET1min read
Aime RobotAime Summary

- BENQI/Tether (QIUSDT) traded between 0.00303 support and 0.00307 resistance, failing to break above key levels.

- Technical indicators show weakening bullish momentum with RSI declining and MACD turning bearish.

- Volume spiked at 19:00 ET but failed to confirm a breakout, signaling potential exhaustion in upward moves.

- Market remains range-bound with 0.00305 Fibonacci pivot and low volatility increasing sudden breakout risks.

Summary
• Price action shows consolidation below 0.00305 with key resistance near 0.00307 and support near 0.00303.
• Momentum appears weakening, with RSI trending lower and MACD histogram contracting.
• Volatility expanded mid-session but has since receded, with Bollinger Bands narrowing.
• Volume surged during the 18:30–19:00 ET window but failed to confirm a breakout above 0.00307.
• Turnover divergence hints at potential exhaustion in upward attempts.

At 12:00 ET–1, BENQI/Tether (QIUSDT) opened at 0.00305, peaked at 0.00307, and traded as low as 0.003 before closing at 0.00303. Total volume reached 24,734,491.0 over the 24-hour window, with notional turnover at $75,062.34.

Structure & Key Levels


Price action remained confined between 0.00303 (support) and 0.00307 (resistance) over the past day, with multiple failed attempts to clear the upper level. A long-legged doji formed near 0.00303 late in the session, signaling indecision. Fibonacci retracements from the 0.00303–0.00307 swing place 61.8% at 0.00305, which may act as a pivot for near-term direction.

Technical Momentum and Volatility


RSI drifted downward into neutral territory, suggesting weakening bullish momentum despite the overall tight range. MACD crossed into bearish territory with a shrinking histogram, reinforcing a potential shift in bias. Volatility expanded during a midday rally but has since returned to lower levels, with price currently near the Bollinger Band middle line, indicating a lack of directional bias.

Volume and Turnover Signals


Volume spiked to 2.69 million at 19:00 ET but failed to drive price above 0.00307, hinting at potential exhaustion. Turnover followed a similar pattern, with divergence observed between volume and price movement in the 19:00–22:00 ET period. Lower turnover in the overnight session suggests waning interest in the pair.

The market may test the 0.00303 level again in the next 24 hours if short-term bearish momentum continues. However, a retest of 0.00307 could occur if buyers reenter the market. Investors should remain cautious as low volatility and lack of clear direction increase the risk of sudden breakouts or breakdowns.