Market Overview for Bubblemaps/Tether (BMTUSDT)

Friday, Dec 12, 2025 7:19 am ET1min read
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- BMTUSDT traded between $0.0245 support and $0.0250 resistance, closing at $0.0251 after a bullish engulfing pattern at 18:45 ET.

- Late ET volume spiked to 352k units as RSI hit overbought levels near $0.0252, followed by bearish divergence signaling potential exhaustion.

- Volatility expanded to upper Bollinger Bands before consolidating near mid-band, with Fibonacci 61.8% at $0.0251 acting as a key consolidation level.

- Price may test $0.0252–$0.0254 next but faces caution without strong volume confirmation above $0.0252, following failed overnight follow-through.

Summary
• Price formed key support at $0.0245 and tested resistance at $0.0250 during the 24-hour period.
• Volume spiked during the late ET hours, indicating heightened participation in the $0.0250 range.
• RSI showed overbought conditions near 0.0251, followed by bearish divergence later in the day.
• A bullish engulfing pattern emerged at 18:45 ET, confirming a short-term reversal attempt.
• Volatility expanded in the afternoon before narrowing into the early morning, suggesting consolidation.

Market Overview

Bubblemaps/Tether (BMTUSDT) opened at $0.0244 on 2025-12-11 12:00 ET, reached a high of $0.0254, touched a low of $0.0244, and closed at $0.0251 on 2025-12-12 12:00 ET. The total trading volume for the 24-hour period was approximately 10,971,223.2 units, with a notional turnover of $273,306.55.

Structure & Formations

Price found a strong support level around $0.0245, which held during multiple tests. A key bullish engulfing candle formed at 18:45 ET, as price opened at $0.0247 and closed at $0.0251, indicating a short-term reversal attempt. Resistance at $0.0250 was tested multiple times and held during the early morning before a final close near that level.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages crossed in a bullish configuration during the afternoon, suggesting upward momentum.

RSI spiked above 70 during the late ET hours, reaching overbought conditions, but failed to sustain the move. A bearish divergence formed in the late morning as price made higher highs but RSI did not, indicating potential exhaustion.

Volatility and Bollinger Bands

Volatility expanded significantly during the afternoon hours, with price pushing out to the upper Bollinger Band near $0.0251–$0.0252. By the early morning, volatility contracted, and price settled near the mid-band, suggesting a possible consolidation phase.

Volume and Turnover

Volume spiked in the late ET hours, with the candle at 21:15 ET showing the largest volume of 352,079.2 units and a closing price of $0.0252. Turnover increased during this time, indicating strong conviction in the move toward $0.0250–$0.0252. However, price failed to close above $0.0252, and volume declined during the overnight session, suggesting limited follow-through.

Fibonacci Retracements

Key Fibonacci levels on the recent swing from $0.0244 to $0.0254 showed 38.2% at $0.0249 and 61.8% at $0.0251. Price tested both levels during the consolidation phase in the early morning and closed near the 61.8% level, suggesting a potential pause or reversal.

Looking ahead, BMTUSDT may test the $0.0252–$0.0254 range over the next 24 hours. However, caution is warranted if price fails to break above $0.0252 with strong volume confirmation.