AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price found support near 0.1221 and rebounded with increasing momentum into early morning ET.
• Volume and turnover surged during the bullish reversal phase after 20:00 ET, confirming strength.
• RSI showed oversold conditions earlier but has since recovered, suggesting potential for further consolidation.
• Bollinger Bands narrowed before 23:00 ET, followed by a breakout to the upside.
At 12:00 ET on December 29, 2025, Decentraland/Tether (MANAUSDT) opened at 0.1239, reached a high of 0.1266, and closed at 0.1247 after hitting a low of 0.1217 during the 24-hour period. The total volume was 3,706,960.0 MANA, and the notional turnover was $458,587.69.
Price action exhibited a clear support level around 0.1221, where a strong bullish reversal formed after a sharp decline. A series of higher lows and a bullish engulfing pattern appeared between 22:00 and 03:00 ET, indicating accumulation. A doji formed near the high of 0.1266, signaling indecision following the breakout. Resistance appears to have developed near 0.1260–0.1266, as price tested this range twice without breaking through decisively.
On the 5-minute chart, the 20-period MA provided a dynamic floor for price between 0.1235 and 0.1245, while the 50-period MA acted as a key reference for momentum. Price closed above the 50-period MA, suggesting a potential resumption of bullish momentum. The 0.618 Fibonacci retracement level of the 0.1221–0.1266 swing appeared to cap the rally at 0.1253, with price subsequently consolidating within a tighter range.

The RSI bottomed near 25 early in the session, then rose sharply during the bullish rebound, suggesting a recovery in buying pressure. MACD turned positive after 21:00 ET, confirming the shift in momentum. Bollinger Bands contracted between 21:00 and 23:00 ET, followed by a breakout to the upside. Price has since remained within the bands, indicating moderate volatility and a possible continuation of the current trend.
Volume and turnover spiked during the key reversal phase (21:00–03:00 ET), with the most significant increase occurring between 02:00 and 04:00 ET, when the price broke out above 0.1250. This divergence between volume and price during the early morning ET suggests confirmation of the bullish move. However, the final 3 hours of the day saw a pullback in volume and turnover, indicating a potential pause before further direction is established.
Price may consolidate within the 0.1245–0.1260 range in the next 24 hours, with a potential test of the 0.1266 high. A failure to hold above 0.1245 could result in a retest of 0.1221, so investors should remain cautious and watch for key level retests.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.29 2025

Dec.29 2025

Dec.29 2025

Dec.29 2025

Dec.29 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet