Market Overview for ConstitutionDAO/Tether (PEOPLEUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Sunday, Dec 7, 2025 8:43 pm ET1min read
Aime RobotAime Summary

- PEOPLEUSDT rose to 0.01001 before retreating to 0.00982, forming a bullish engulfing pattern followed by bearish momentum divergence.

- Overnight volatility spiked with 11.8M volume peak as price oscillated between 0.00976-0.01001, holding Fibonacci support at 0.00976.

- RSI hit overbought levels before correcting, while MACD weakened in final hours, suggesting potential exhaustion in the rally.

- Key resistance at 0.01005-0.01011 and support at 0.00976-0.00978 remain critical, with volume likely to determine next directional bias.

Summary
• Price advanced from 0.00962 to 0.01001 before retracing to 0.00982.
• A bullish engulfing pattern formed early, followed by a bearish divergence in momentum.
• Volatility expanded during the overnight session, with volume peaking at 11.8 million.
• RSI hit overbought levels before declining, indicating potential exhaustion in the rally.
• Price oscillated within 0.00976–0.01001, with Fibonacci support at 0.00976 holding early.

Price and Volume Activity


ConstitutionDAO/Tether (PEOPLEUSDT) opened at 0.00962, hit a high of 0.01015, fell to a low of 0.00943, and closed at 0.00982 as of 12:00 ET. Total volume reached 63.9 million, with notional turnover at $5.95 million over the 24-hour window.

Structure and Trend Analysis


Price formed a bullish engulfing pattern at 0.00963–0.00973, signaling a short-term reversal. Later,
a bearish divergence emerged as price failed to make higher highs while RSI dipped. A key resistance level appears to have formed near 0.01005–0.01011, with support at 0.00976–0.00978 showing strong buying interest.

Volatility and Momentum


Bollinger Bands expanded during the overnight session as price moved from 0.00976 to 0.01015, indicating increased volatility. RSI reached overbought territory above 70 but quickly corrected, suggesting traders may be taking profits. MACD showed a positive crossover early in the session but began to weaken in the final hours.

Volume and Turnover Signals


Volume spiked to 11.8 million at 14:30 ET as price dropped from 0.00974 to 0.00956, indicating a short-term selloff. However, price found support at 0.00953–0.00956, with volume increasing again at 15:15 ET as buyers pushed price up to 0.00968. Turnover diverged from price during the late morning pullback, suggesting possible profit-taking.

Fibonacci and Key Levels


Fibonacci retracement levels based on the 0.00962–0.01015 move placed 0.00976 at 61.8% and 0.00987 at 38.2%. Price bounced from 61.8% and held above 0.00976 into the closing hours. On the daily chart, the 50-period MA at 0.00983 and 200-period MA at 0.00971 suggest a neutral-to-bullish bias for now.

Looking ahead, the pair may test 0.01001 and 0.00976 levels in the next 24 hours, with volume likely to determine the direction. Investors should watch for confirmation of a breakout or breakdown to assess the next potential leg of movement. As always, volatility remains high, and positions should be managed with tight stop-loss levels.