Market Overview: Dego Finance/Tether (DEGOUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 17, 2025 5:56 am ET1min read
DEGO
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USDT
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Aime RobotAime Summary

- Dego Finance/Tether (DEGOUSDT) swung 0.446-0.490 in 24 hours, closing at 0.455 with 473,412+ volume.

- RSI showed overbought/oversold extremes while Bollinger Bands widened during 08:15-09:00 ET volatility spike.

- Bullish and bearish reversal patterns emerged alongside key support at 0.455-0.458 under repeated test.

- Fibonacci levels at 0.461-0.473 failed to hold, suggesting potential for further downside below 0.450.

Summary
• Price action shows a volatile 24-hour range from 0.446 to 0.490, closing near 0.455.
• Notable bullish engulfing and bearish reversal patterns observed in key 5-minute swings.
• Turnover surged above 473,412 with strong volume concentration after 08:15 ET.
• RSI suggests overbought conditions early in the session, followed by oversold territory.
• Bollinger Band width expanded significantly during the 08:15–09:00 ET period, indicating heightened volatility.

Dego Finance/Tether (DEGOUSDT) opened at 0.466 on December 16, 2025, reached a high of 0.490, touched a low of 0.446, and closed at 0.455 as of 12:00 ET on December 17. Total volume for the 24-hour window was approximately 473,412, with a notional turnover of roughly 0.485.

Structure & Formations


The 24-hour candlestick chart reveals significant price swings, with key resistance levels identified near 0.475–0.485 and strong support at 0.455–0.458. A bullish engulfing pattern appeared around 19:00 ET, followed by a bearish reversal formation at 08:15 ET. These patterns suggest short-term indecision and potential trend reversals.

Moving Averages


On the 5-minute chart, the 20-period MA crossed below the 50-period MA in the early hours of December 17, signaling a short-term bearish bias. On the daily chart, the 50-period MA appears to be forming a potential support at around 0.460–0.465, which could see renewed testing.

MACD & RSI


The MACD line crossed below the signal line during the early session, suggesting bearish momentum.
The RSI peaked near overbought territory (70+) early in the session before declining sharply, reaching oversold levels (30–) by late morning. This suggests strong price momentum both up and down, with potential for a consolidation phase ahead.

Bollinger Bands


Bollinger Bands widened significantly between 08:15 and 09:00 ET, indicating a period of heightened volatility. Price remained within the bands for most of the session, though tested the lower band on several occasions, hinting at ongoing bearish pressure.

Volume & Turnover


Trading volume spiked above 473,412 after 08:15 ET, aligning with the sharp price drop from 0.485 to 0.458. Notional turnover confirmed the volume surge, suggesting significant market participation during the move. However, volume has since declined, indicating possible exhaustion in the current bearish wave.

Fibonacci Retracements


Fibonacci retracement levels applied to the 0.446–0.490 move show critical levels at 0.473 (38.2%) and 0.461 (61.8%). Price appears to have rejected these levels multiple times, particularly the 0.461 level, which could serve as a near-term support or trigger further downside if broken.

Price may test the 0.455–0.458 support zone over the next 24 hours, with potential for a rebound if buyers step in. However, the path remains volatile, and a break below 0.450 could extend the bearish momentum further. Investors should remain cautious and monitor volume behavior at key levels.