Market Overview for Biconomy/Tether (BICOUSDT) on 2025-12-20

Saturday, Dec 20, 2025 9:05 pm ET1min read
Aime RobotAime Summary

- Biconomy/Tether (BICOUSDT) formed a bullish reversal near $0.0433 after testing key resistance, with RSI stabilizing in neutral territory.

- Volume spiked at $0.0432 but failed to break above $0.0435, while Bollinger Band contraction signaled potential near-term volatility.

- Price consolidated between $0.0428–$0.0436, supported by 38.2% Fibonacci levels but stalled at 61.8% resistance (~$0.0435).

- MACD turned negative with bearish crossover, though weak positive RSI divergence suggests possible retests of $0.0435 in 24 hours.

Summary
• Price consolidated between $0.0428–$0.0436 with a bullish reversal near $0.0433.
• Momentum waned in the afternoon with RSI near neutral and volume tapering.
• Bollinger Band contraction suggests potential for a breakout or reversal in the near term.
• Volume spikes coincided with key resistance tests but failed to push above $0.0435.

Biconomy/Tether (BICOUSDT) opened at $0.0431 on 2025-12-19 at 12:00 ET, reached a high of $0.0436, and closed at $0.0434 by 12:00 ET on 2025-12-20. The pair traded between $0.0421 and $0.0436 with a 24-hour volume of 891,231.15 and turnover of $36,547.72.

Structure & Formations


The price formed a bullish reversal pattern near $0.0433 during the evening session after testing a key resistance zone. A small bullish engulfing pattern appeared around 20:30 ET, while a morning consolidation phase showed signs of a potential bearish exhaustion near $0.0435.

Moving Averages


On the 5-minute chart, price hovered above the 20-period MA during the morning but drifted below it after 06:00 ET. The 50-period MA held firm as dynamic support near $0.0431–$0.0432, suggesting a potential pivot for near-term buyers.

Momentum & Volatility


RSI flattened out in the 50–55 range by midday, indicating a loss of momentum. MACD turned negative after 06:00 ET with a bearish crossover, but a weak positive divergence appeared late in the session.
Volatility expanded briefly around 18:00 ET, only to contract again in the late morning, signaling a period of consolidation.

Volume & Turnover


Volume peaked at 142,430.08 units at 14:45 ET following a strong rally to $0.0432, but failed to confirm further upside. Notional turnover remained steady during the consolidation phase, with no major divergences between price and volume.

Fibonacci Retracements


On the 5-minute chart, price found support at the 38.2% retracement level of the prior bearish leg (~$0.0430) and later stalled near the 61.8% level (~$0.0435), suggesting a range-bound structure with potential for a breakout if resistance holds.

Biconomy may attempt to retest $0.0435 in the next 24 hours, supported by a positive RSI divergence and a key Fibonacci level. However, a breakdown below $0.0430 could trigger a retest of the intraday low near $0.0428. Investors should remain cautious of thin liquidity during the overnight hours.