Market Overview for Contentos/Tether (COSUSDT): 24-Hour Summary

Summary
• Price tested key resistance near 0.001460–0.001470 before retracing lower.
• Volume spiked during the 19:15–20:30 ET rally but failed to confirm a breakout.
• RSI shows moderate momentum with no clear overbought/oversold signals.
• Price remains below the 50-period moving average, suggesting bearish bias.
• Volatility has been low for much of the session, tightening Bollinger Bands.

Contentos/Tether (COSUSDT) opened at 0.001439 on 2025-12-10 at 12:00 ET, reached a high of 0.001474, a low of 0.001337, and closed at 0.001355 as of 2025-12-11 at 12:00 ET. Total 24-hour volume was 115,085,000.0004 and turnover amounted to approximately $156,418.86.

Structure & Formations

The price formed a small bearish reversal pattern near 0.001460–0.001470, marked by a failed bullish breakout and a subsequent breakdown.

A key support level appears to have formed around 0.001340–0.001350, where price has found repeated bids and retested multiple times. The session also featured a long bearish candle during the 22:00–00:30 ET period, indicating distribution.

Moving Averages

On the 5-minute chart, the price spent most of the session below both the 20- and 50-period moving averages, reinforcing a bearish bias. During the 19:15–20:30 ET rally, price briefly closed above the 50-period line but failed to sustain the move. On the daily chart, the 50-period MA is currently below the 200-period MA, suggesting a medium-term bearish trend.

MACD & RSI

MACD remained below the zero line for most of the session, indicating a bearish momentum bias. A brief bullish crossover occurred during the 19:30–20:00 ET period, aligning with the rally, but failed to maintain. RSI fluctuated between 40 and 60, showing moderate momentum without reaching overbought or oversold levels.

Bollinger Bands

Volatility was relatively low in the early part of the session, with price moving within a narrow Bollinger Band. A sharp increase in volatility occurred between 19:15–21:30 ET, pushing price toward the upper band before it retraced. As of the close, price was near the middle band, suggesting neutral positioning.

Volume & Turnover

Volume surged during the 19:15–20:30 ET bullish phase, reaching a peak of 8.2 million tokens traded, which supported the price move higher. However, the inability to sustain that momentum suggests weak conviction. In the later part of the session, volume declined significantly, aligning with a downward trend.

Fibonacci Retracements

Applying Fibonacci to the 19:15–20:30 ET bullish move, key retracement levels at 0.001432 (38.2%) and 0.001406 (61.8%) were observed. Price tested the 38.2% level and bounced slightly before continuing lower. This suggests that sellers remain in control near key Fibonacci levels.

Looking ahead, the next 24-hour period may see a test of the 0.001340–0.001350 support zone, with a potential bounce or breakdown likely. Investors should remain cautious, as the recent bullish attempt lacks confirmation and price remains under key moving averages.