Market Overview for ConstitutionDAO/Tether (PEOPLEUSDT)

Generated by AI AgentTradeCipherReviewed byDavid Feng
Saturday, Dec 6, 2025 7:41 pm ET2min read
Aime RobotAime Summary

- PEOPLEUSDT price held above 0.00935 with bullish engulfing pattern at 0.00940–0.00946, breaking key resistance in final 3 hours.

- RSI neared overbought (68) while MACD showed positive divergence, confirming sustained upward momentum despite moderation signs.

- Volatility surged 300% in final 5 hours, pushing price to 61.8% Fib level with $543k turnover in last candle, indicating strong accumulation.

- 5-minute MA crossovers and daily chart 50/200 MA alignment reinforced bullish bias, with potential 0.00975 target ahead of 24-hour consolidation.

Summary
• Price tested and held above 0.00935, with a bullish engulfing pattern at 0.00940–0.00946.
• RSI showed a modest rise, nearing overbought, while MACD remained bullish with positive divergence.
• Volatility expanded during the final 3 hours, pushing price near a 61.8% Fib level.
• Turnover surged by 300% in the last 5-hour window, confirming strong accumulation.

24-Hour Performance


ConstitutionDAO/Tether (PEOPLEUSDT) opened at 0.00952 on 2025-12-05 12:00 ET, traded as high as 0.00964 and as low as 0.00919, and closed at 0.00962 on 2025-12-06 12:00 ET. The total volume over the period was approximately 54.4 million, with a turnover of $523.4 million.

Structure & Formations


Price remained above the 0.00935 psychological support, with a bullish engulfing pattern forming on the 5-minute chart around 0.00940–0.00946. A bearish doji appeared briefly near 0.00932–0.00934, indicating a potential short-term pause, but was quickly resolved by renewed buying pressure. The 0.00946 level acted as a key resistance that was decisively broken in the final 3 hours of the session.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages both showed a strong upward bias, with price holding well above both lines during the latter half of the session. On the daily chart, the 50-period MA crossed above the 200-period MA, suggesting a broader bullish trend could be in place.

Momentum and Oscillators


The RSI reached 68 at the close, signaling a near overbought condition, though without any immediate signs of a reversal. MACD remained positive throughout the session, with a small positive divergence emerging in the last 1.5 hours. This suggests that while momentum is still strong, it could be showing early signs of moderation.

Bollinger Bands and Volatility


Volatility remained relatively low in the first half of the session, with price trading within a narrow band. However, from 2025-12-06 09:00 ET onward, a clear expansion occurred, pushing price above the upper band for several hours. This expansion was accompanied by a sharp increase in volume, indicating a move driven by accumulation rather than speculation.

Volume and Turnover


Turnover surged in the final 5 hours of the session, with the last candle showing over $543,000 in turnover.
Notably, the 5-minute volume increased from an average of $45k to over $1.5M during this period, supporting the price break above 0.00946. No significant volume divergence was observed between price and turnover.

Fibonacci Retracements


Applying Fib levels to the 0.00919–0.00964 swing, price closed near the 61.8% retracement level, a critical area for potential consolidation or a breakout. On the daily chart, the 0.00946–0.00962 range corresponds to a 38.2% Fib level, reinforcing the importance of this zone.

The forward-looking observation suggests that a continuation above 0.00946 could target 0.00975 in the next 24 hours, but a pullback into the 0.00953–0.00956 range may test short-term buyers’ resolve. Investors should remain cautious of any divergence in RSI or a breakdown below 0.00946, which could signal a short-term correction.