Market Overview for ConstitutionDAO/Tether (PEOPLEUSDT) on 2025-12-31

Summary
• Price action formed a bearish trend with key resistance at 0.00926 and support near 0.00904–0.00908.
• Momentum weakened as RSI approached oversold levels late in the session.
• Volatility expanded midday before a sharp sell-off below Bollinger Band midline.
• Volume surged during the final 45-minute window, hinting at potential capitulation.
• Fibonacci levels suggest 0.00904 is a critical near-term support.

ConstitutionDAO/Tether (PEOPLEUSDT) opened at 0.00924 on 2025-12-30 12:00 ET, reached a high of 0.00931, dipped to a low of 0.00874, and closed at 0.00889 by 12:00 ET on 2025-12-31. Total volume was 17,331,115.4 and notional turnover was ~$153,448.98.

Structure & Moving Averages

Price declined sharply in the final 45 minutes, breaking below the 50-period and 20-period moving averages on the 5-minute chart. A bearish crossover emerged, reinforcing downward pressure. On the daily chart, the 50-period MA acted as a weak support, now pierced.

Momentum & Volatility

MACD turned bearish with a negative crossover, confirming a momentum shift. RSI fell into oversold territory near 30 by session close. Volatility, as measured by Bollinger Bands, widened midday before the sharp sell-off saw price close near the lower band.

Volume & Turnover Divergence

Volume spiked significantly during the final 45-minute window, while price fell to a 24-hour low. This suggests aggressive liquidation or panic selling. Turnover during this period exceeded 15% of the total daily volume, indicating heightened participation at the lows.

Fibonacci & Key Levels

A 61.8% Fibonacci retracement level from the 0.00874 low to the 0.00931 high sits near 0.00904, now acting as immediate support. A breakdown below 0.00904 could target 0.00885–0.00890. Resistance remains at 0.00908–0.00910, which failed to hold during the final hour.

Looking ahead, PEOPLEUSDT may test 0.00904–0.00908 as a pivot zone over the next 24 hours. If buyers step in, a potential bounce toward 0.00915 could emerge, but a sustained break below 0.00904 would signal further bearish momentum. Investors should monitor order flow at these levels and watch for confirmation of a reversal or continuation pattern.