Market Overview: BENQI/Tether (QIUSDT) Daily Price Action and Technical Insights

Sunday, Dec 21, 2025 1:18 am ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- BENQI/Tether (QIUSDT) traded narrowly between $0.00314 and $0.00317, with a brief spike to $0.00322 at 00:30 ET.

- Technical indicators showed balanced momentum (RSI 45-55, neutral MACD) and low volatility via contracting Bollinger Bands before a temporary expansion.

- Fibonacci levels at $0.00316 (38.2%) and $0.00318 (61.8%) acted as key support/resistance, with price failing to break above $0.00318.

- Volume surged during the $0.00322 high but diverged after 02:45 ET as price fell to $0.00313, signaling weakening conviction in the rally.

Summary
• Price remained range-bound between $0.00314 and $0.00317 on 5-minute timeframes.
• Volume spiked around 00:30 ET as price briefly tested a minor high of $0.00322.
• RSI and MACD showed no extreme readings, suggesting balanced momentum.
• Bollinger Bands indicated low volatility during early hours before a brief expansion.
• Fibonacci levels at 0.00316 and 0.00317 acted as temporary support and resistance.

BENQI/Tether (QIUSDT) opened at $0.00315 on 2025-12-20 12:00 ET, reaching a high of $0.00322 and a low of $0.00313 before closing at $0.00315 on 2025-12-21 12:00 ET. Total volume was 14,382,441.0 and turnover amounted to ~$45,450.

Structure and Key Levels


Price action remained constrained within a narrow band, bouncing between $0.00314 and $0.00318 over the 24-hour period. Notable resistance appeared at $0.00318 and $0.00317, with the 20-period 5-minute moving average hovering just above the 0.00316 level. No decisive breakouts or
engulfing patterns emerged, and doji candles appeared intermittently, signaling indecision.

Momentum and Volatility


The MACD histogram remained neutral, with no clear divergence from price, while RSI hovered between 45 and 55 for most of the period, avoiding overbought or oversold territory. Bollinger Bands contracted in the early hours, indicating low volatility, but briefly expanded during the 00:30 ET spike as price hit $0.00322.

Volume and Turnover Analysis


Volume surged at 00:30 ET as price reached a 24-hour high of $0.00322, but failed to push above $0.00322, leading to a pullback. Notional turnover also peaked during this time but remained relatively low overall. A divergence between volume and price was observed after 02:45 ET, when price dropped to $0.00313 despite moderate volume, hinting at weakening conviction.

Fibonacci and Retracement Levels


Fibonacci retracements drawn from the $0.00313 low to the $0.00322 high showed key levels at 38.2% (~$0.00316) and 61.8% (~$0.00318), both of which acted as price barriers. Price tested but failed to hold above $0.00318, suggesting caution before any bullish move.

Price may consolidate or

$0.00318 again in the coming 24 hours, though a sustained break would require higher volume. Traders should watch for any divergence in momentum indicators and be cautious of thin volume support near key Fibonacci levels.