Summary
•
consolidates between 0.0364–0.0369 with a 20-period MA hovering near 0.0366.
• Volume peaks at 7.9M at 01:45 ET as price drops 1.8%, suggesting short-term bearish control.
• RSI remains mid-range (40–50), indicating balanced momentum with no immediate overbought/oversold signals.
• Bollinger Bands tighten in late AM ET, suggesting potential for a breakout or reversal.
• Fibonacci levels highlight 0.0365 as key support and 0.0369 as initial resistance.
Chiliz/Tether (CHZUSDT) opened at 0.03644 on 2025-12-28 at 12:00 ET-1 and reached a high of 0.03713 before consolidating to close at 0.03651 as of 12:00 ET. Total volume amounted to 55.76M, with notional turnover of $205.25K across the 24-hour period.
Structure and Key Levels
Price action for CHZUSDT showed a bearish pivot at 0.03696 during the early morning ET, followed by a retest of the 0.03645–0.03655 support cluster. A large bearish candle at 01:45 ET (volume: 7.9M) marked a sharp 1.8% pullback, suggesting strong bear pressure. The 0.03644 level acted as a key support during the afternoon, preventing a breakdown below the 5-period EMA.
Momentum and Indicators
MACD lines remained flat, with a slow-moving histogram, indicating a lack of directional bias. RSI hovered between 40–50 all day, reinforcing a neutral tone with no overbought or oversold signals. Bollinger Bands showed a contraction in the 11–12 AM ET period, hinting at potential for a breakout in the next 24 hours.
Volume and Divergences
The highest volume spike occurred at 01:45 ET, coinciding with the largest downward move. Notional turnover followed volume closely, with no visible divergence between the two. A second volume surge at 13:45 ET did not trigger a significant price reaction, suggesting exhaustion at current levels.
Fibonacci Retracement Levels
Applying Fibonacci retracement to the 0.03644–0.03713 swing, key levels include 0.03671 (38.2%) and 0.03656 (61.8%). Price has shown repeated respect for the 0.03652–0.03657 cluster, suggesting it could become the next area of consolidation or reversal.
Chiliz/Tether appears poised for a potential breakout from its consolidation range, especially if volume and momentum align with a directional move. However, bearish pressure remains evident in the short term, and investors should monitor for a breakdown below 0.03644 or a retest of 0.0369 as potential risk triggers.
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