Summary
• DIAUSDT formed a bearish engulfing pattern near 0.3225–0.3231 on strong volume.
• Price retested 0.311 as key support, with RSI showing oversold conditions below 30.
• Volatility expanded during the selloff, pushing price to the lower Bollinger Band.
• 50-period MA on 5-min chart crossed below 20-period MA, confirming short-term bearish momentum.
• Turnover spiked during the 15:00–15:45 ET selloff, signaling strong institutional or retail selling.
Market Overview
DIA/Tether (DIAUSDT) opened at 0.3278 on 2025-12-11 12:00 ET, reached a high of 0.3306, a low of 0.3012, and closed at 0.3028 on 2025-12-12 12:00 ET. Total volume was 713,668.7, with notional turnover of approximately $223,000.
Structure & Formations
The price saw a sharp bearish reversal near 0.3225–0.3231, with a bearish engulfing pattern on strong volume. A key support level at 0.311 was tested and partially held, indicating potential for further consolidation or a rebound.
Moving Averages and Momentum
Short-term bearish momentum was confirmed by a 50-period MA crossing below the 20-period MA on the 5-minute chart. MACD turned negative and remained below the signal line, while RSI dropped into oversold territory, hinting at possible near-term stabilization.
Volatility and Bollinger Bands
Volatility spiked during the late morning selloff, pushing the price to the lower Bollinger Band for several periods. This suggests a period of heightened fear or profit-taking, with a possible retracement toward the 0.314–0.316 zone in the near term.
Volume and Turnover
Turnover surged during the 15:00–15:45 ET window as the price fell to 0.3012, with volume reaching 34286.9 and 102214.6 in consecutive intervals. This suggests strong selling pressure, though divergence between volume and price in the following hours may indicate some stabilization.
Fibonacci Retracements
Fibonacci levels from the 0.326–0.3012 swing show 61.8% at 0.3145 and 38.2% at 0.3174. A bounce above 0.3174 may trigger a retracement, while a break below 0.311 would target 0.306 as the next key level.
DIAUSDT may attempt a rebound from the 0.311 support in the next 24 hours, but risks further consolidation if buyers fail to show strength. Investors should remain cautious of a potential breakdown below this level.
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