Market Overview for Compound/Tether (COMPUSDT) – December 24, 2025

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 24, 2025 6:32 pm ET1min read
COMP
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Aime RobotAime Summary

- COMPUSDT closed near 24-hour low at $24.50 after trading between $24.25-$25.31, with volume surging over 7,000 at close.

- Bearish engulfing pattern at $25.31 and RSI entering oversold territory signal potential reversal, but downward momentum remains strong.

- Price near $24.25 acts as key support; break below risks accelerating the downtrend, while 61.8% retracement at $24.60 offers short-term resistance.

Summary
• Price traded between $24.25 and $25.31, with a bearish close near the 24-hour low.
• Volume surged over 7,000 at market close, confirming late-session selling pressure.
• RSI dipped into oversold territory, suggesting potential near-term reversal.
• A bearish engulfing pattern emerged near $25.31 following a failed breakout.

Compound/Tether (COMPUSDT) opened at $24.77 on December 23, reached a high of $25.31, and closed at $24.50 by 12:00 ET on December 24, with a low of $24.25. Total volume was 35,152.48, and turnover amounted to approximately $878,382.

Structure & Formations


Price carved a distinct bearish bias during the 24-hour window, forming key support near $24.25 and resistance at $25.31. A bearish engulfing pattern was visible at the high, signaling rejection. A doji appeared near $24.30 in early morning hours, hinting at indecision ahead of the downward move.

Moving Averages


On the 5-minute chart, price spent most of the day below the 20 and 50 SMA lines, confirming short-term bearish momentum. On the daily chart,
COMPUSDT
closed below the 50 SMA and near the 100 SMA, indicating intermediate-term bearishness.

MACD & RSI


The MACD crossed below the signal line early in the session and remained negative throughout, aligning with the downward bias. The RSI dipped below 30 in the final hour, suggesting the asset could be approaching oversold territory, though a reversal is not guaranteed.

Bollinger Bands


Volatility expanded late in the session as price moved lower, pushing the lower band to $24.20. Price traded near the lower band in the final hours, suggesting continued bearish pressure may persist if support at $24.25 is tested again.

Volume & Turnover


Volume spiked sharply in the final four hours, especially between 14:00 and 17:00 ET, confirming the bearish move. Turnover also surged during this time, aligning with price movement and reinforcing the strength of the selloff.

Fibonacci Retracements


A 61.8% retracement of the recent 5-minute upswing appeared near $24.60, acting as a key short-term resistance level. On the daily chart, the 50% retracement of the previous week’s decline aligns with $24.77, offering a potential reversal trigger if price bounces from this level.

Price may find temporary support near $24.25 in the near term, but a break below this could accelerate the downtrend. Investors should remain cautious as consolidation may follow the oversold RSI reading, but bearish momentum remains intact.