Market Overview for Celestia/Tether (TIAUSDT) on 2025-12-11
Summary
• Price formed bullish engulfing and bearish harami patterns at key levels.
• Volatility expanded after 19:00 ET with increased turnover and a high of $0.643.
• RSI and MACD showed diverging momentum, suggesting potential consolidation or reversal.
• Bollinger Bands widened as price moved above the 20-period MA with above-average volume.
• Fibonacci retracement levels at 0.614 and 0.630 acted as dynamic support and resistance.
Celestia/Tether (TIAUSDT) opened at $0.611 on 2025-12-10 at 12:00 ET, reached a high of $0.643, and closed at $0.604 by 12:00 ET on 2025-12-11. Total volume was approximately 6.19 million, with $4.03 million in notional turnover.
Structure & Formations
Price formed a bullish engulfing pattern around $0.613 and a bearish harami near $0.630. These levels acted as key support and resistance zones, with price failing to hold above $0.630 after a sharp rebound in the early evening. A doji formed near $0.635, signaling potential indecision and a possible pivot point in the near term.
Moving Averages
On the 5-minute chart, price closed below the 20-period and 50-period moving averages by the end of the 24-hour window, suggesting a bearish bias. Daily MAs (50/100/200) were not directly provided, but the intraday trend indicates a possible retracement toward key daily support levels that may be near the 0.600–0.610 range.
MACD & RSI
Momentum, as indicated by the MACD, diverged from price after $0.630, with the histogram contracting despite continued price movement. RSI reached overbought levels above 70 before reversing downward, reinforcing the bearish signal. The combination suggests a potential pullback could be imminent.
Bollinger Bands
Bollinger Bands widened significantly after 19:00 ET as price surged toward $0.643, indicating increased volatility. Price then fell back toward the lower band and closed near the middle band, suggesting a potential consolidation phase ahead. A breakout above the upper band could signal renewed bullish momentum.
Volume & Turnover
Volume spiked during the 19:15–20:00 ET window, coinciding with a sharp price rally to $0.643. However, the subsequent pullback saw a reduction in volume, indicating weakening follow-through.
Notional turnover also declined after 21:00 ET, suggesting reduced speculative activity. Price and turnover diverged after $0.630, raising questions about the sustainability of further gains.Fibonacci Retracements
Fibonacci levels at 38.2% ($0.614) and 61.8% ($0.630) acted as dynamic support and resistance. Price tested both levels multiple times, with a final rejection at 61.8% reinforcing its role as a critical pivot. A break below $0.607 could test the next Fibonacci level and potentially trigger deeper retracement.
Over the next 24 hours, a test of the $0.607–0.610 range could determine whether the current bearish momentum continues or gives way to a short-term rebound. Investors should monitor volume during key support tests for confirmation or divergence signals.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet