Market Overview for Blur/Tether (BLURUSDT) on 2025-12-22

Monday, Dec 22, 2025 5:12 am ET1min read
Aime RobotAime Summary

- BLUR/USDT formed a bullish engulfing pattern near 0.02758–0.02781, testing resistance at 0.0284 with strong volume.

- RSI indicated overbought conditions near 0.0283 without bearish divergence, suggesting potential retests of key levels.

- Volatility spiked during 00:15–01:45 ET with Bollinger Band contraction, confirming a directional shift near 0.02805–0.02815.

- 5-minute consolidation at 0.02805–0.02815 (61.8% Fibonacci) reinforced significance of this support/resistance cluster.

- A break above 0.0284 could signal stronger bullish momentum, but traders should monitor volume confirmation for potential pullbacks.

Summary
• Price action formed a bullish engulfing pattern near 0.02758–0.02781 and tested resistance at 0.0284.
• RSI suggests overbought conditions around 0.0281–0.0283 but shows no divergence.
• Volatility expanded during the 00:15–01:30 ET window with a sharp volume increase.
• Bollinger Bands tightened before a breakout, confirming a potential directional shift.
• High volume consolidation near 0.02805–0.02815 indicates a key 5-minute support/resistance cluster.

Market Overview


Blur/Tether (BLURUSDT) opened at 0.02777 (12:00 ET -1), reached a high of 0.02844, traded as low as 0.02771, and closed at 0.02811 (12:00 ET). Total volume for the 24-hour period was 2,264,069.1, with a turnover of approximately $54,200.

Structure & Formations


Price found support at 0.02758 after a sharp bearish move, followed by a bullish engulfing pattern forming between 0.02781 and 0.02787. A key resistance cluster emerged between 0.02815 and 0.0284, where price stalled after the initial breakout.

Moving Averages and Momentum



On the 5-minute chart, the 20-period MA crossed above the 50-period MA during the early morning hours, signaling potential bullish momentum. RSI hit levels near overbought (70+) around 0.0283 and showed no bearish divergence, suggesting price may retest this area.

Volatility and Volume Dynamics


Volatility expanded from 00:15 to 01:45 ET, with a 20-period Bollinger Band contraction preceding a sharp move. Notional turnover spiked to over $600 at 00:15 ET, aligning with the initial breakout from 0.02805. Volume during consolidation near 0.02815 was robust, indicating strong interest in that price range.

Fibonacci Retracement and Key Levels


Fibonacci retracement levels from the 0.02758–0.02844 swing show 0.02795 (38.2%) and 0.02808 (61.8%) as key retracement zones.
Price spent significant time consolidating near 0.02805–0.0281, which aligns with the 61.8% level, reinforcing its importance for near-term direction.

Looking ahead, price may test 0.0283–0.0284 as overhead resistance. A break above 0.0284 could signal stronger bullish momentum. However, investors should remain cautious of a potential pullback if volume fails to confirm further gains.