Market Overview: CHZUSDT Volatility and Bearish Exhaustion Signal Mixed Momentum

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 12, 2025 6:39 pm ET1min read
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Aime RobotAime Summary

- CHZUSDT formed bearish engulfing and hanging man patterns after a sharp 0.03448→0.03236 pullback, signaling potential reversal.

- RSI remains oversold while volatility spiked via widened Bollinger Bands during the 10:15–10:30 ET rally, confirming momentum.

- Key support levels at 0.03341 (Fibonacci 38.2%) and 0.03292 (50-period SMA) could determine near-term direction amid mixed technical signals.

- Surging volume during the 0.03448 breakout contrasts with weak follow-through, suggesting possible bearish exhaustion below 0.03292.

Summary
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CHZUSDT
formed bearish engulfing and hanging man patterns amid a sharp pullback from 0.03448 to 0.03236.
• RSI remains in oversold territory, suggesting potential for a near-term rebound.
• Volatility expanded with a wide 5-minute Bollinger Band range during the midday rally.
• Trading volume surged on the 10:15–10:30 ET breakout to 0.03448, confirming momentum.
• Fibonacci 38.2% level at 0.03341 appears to act as immediate support ahead of 0.03292.

Chiliz/Tether (CHZUSDT) opened at 0.03311 on 2025-12-11 at 12:00 ET, reached a high of 0.03448, fell to a low of 0.03236, and closed at 0.03257 on 2025-12-12 at 12:00 ET. Total volume over the 24-hour period was 46,147,175.0, and turnover amounted to approximately 1,529,703 USD.

Price Action and Structure


The pair experienced a sharp midday rally that pushed the price to 0.03448, the highest point in the 24-hour window. This move was followed by a bearish reversal, forming multiple bearish candlestick patterns, including an engulfing pattern and a hanging man. A critical support level appears to be forming at 0.03292 (50-period SMA) and 0.03236 (recent low), with 0.03341 (Fibonacci 38.2%) offering intermediate support.

Trend and Momentum


MACD turned negative after the 10:15 ET high, indicating a bearish divergence. RSI has been in oversold territory for much of the session, suggesting that further downward momentum may be exhausted. However, given the volatility, a pullback into overbought levels (RSI > 60) could still occur if bullish traders re-enter.

Volatility and Volume


Bollinger Bands widened significantly during the 10:15–10:30 ET rally to 0.03448, reflecting increased volatility. Volume spiked during that period, confirming the strength of the move. However, volume has since dried up on the downside, which may signal weakening bearish conviction.

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Forward Outlook and Risk


If price breaks above 0.03341 with follow-through volume, it could signal a short-term reversal. However, a close below 0.03292 would increase the risk of a deeper pullback toward 0.03236. Investors should monitor the 50-period SMA for signs of trend resumption.