Market Overview for ConstitutionDAO/Tether (PEOPLEUSDT)

Generated by AI AgentTradeCipherReviewed byRodder Shi
Thursday, Dec 11, 2025 5:47 pm ET1min read
USDT
--
PEOPLE
--
Aime RobotAime Summary

- PEOPLEUSDT tested key resistance at 0.01072/0.01061, forming bearish reversal patterns before closing at 0.00963.

- RSI approached oversold levels (<30) and Bollinger Bands showed volatility contraction, suggesting potential support at 0.0096-0.0098.

- Diverging volume/turnover in late hours and flattening MACD indicated weakening bearish momentum amid consolidation.

- Fibonacci retracements highlight 0.0103 (38.2%) and 0.0101 (61.8%) as critical levels for near-term directional tests.

Summary
• Price tested key resistance around 0.01072 and 0.01061 before retreating to form bearish reversal patterns.
• High volatility early in the session gave way to consolidation in the lower Bollinger Band.
• Volume and turnover diverged in the late hours, indicating potential weakening of bearish momentum.
• RSI approached oversold territory, hinting at possible near-term support holding.
• Fibonacci retracement levels suggest 0.0096–0.0098 as possible short-term consolidation zones.

ConstitutionDAO/Tether (PEOPLEUSDT) opened at 0.01039 and reached a high of 0.01074 before closing at 0.00963 at 12:00 ET. The 24-hour trading volume amounted to approximately 125.5 million units, with a notional turnover of $1.2 million.

Structure & Moving Averages


Price formed a bearish engulfing pattern near 0.01072 and 0.01061, suggesting rejection at key resistance levels. A 5-minute 20-period moving average crossed below the 50-period line, reinforcing a bearish bias. On the daily chart, the 50-period MA acts as dynamic resistance, currently around 0.0105.

Momentum and Volatility


The RSI dipped into oversold territory below 30 in the final hours, signaling possible near-term support at 0.0096–0.0098. Bollinger Bands showed an early volatility expansion, but price settled into the lower band for much of the session. MACD lines flattened mid-day, indicating waning bearish momentum.

Volume and Turnover Signals


Despite increasing bearish price action, volume and turnover waned in the late hours, suggesting a lack of conviction in the downward move. A divergence between price and turnover could indicate potential reversal or consolidation ahead.

Fibonacci Retracements


From the 0.01074 high to the 0.0096 low, key Fibonacci levels sit at 0.0103 (38.2%) and 0.0101 (61.8%). These levels may provide near-term support or resistance as the market tests direction.

**

Forward Outlook


If 0.0096 holds, the pair may consolidate in the 0.0096–0.0098 range before testing 0.0103. Traders should watch for a potential rebound off this level or a break below it for extended bearish momentum. As always, unexpected macro or project-specific news could disrupt this pattern.