Summary
• DIA/Tether (DIAUSDT) formed a bearish continuation pattern after breaching a key 0.257-0.259 support range in late trading.
• Momentum weakened with RSI signaling oversold conditions near 27, suggesting potential near-term bounce.
• Volatility expanded dramatically post-midnight as price dropped to 0.2426, coinciding with a 385,758.7 volume spike.
• A 0.2435 low may offer a shallow Fib retracement level for 0.2435–0.2502, hinting at a possible near-term floor.
DIA/Tether (DIAUSDT) opened at 0.2624 on 2025-12-30 12:00 ET, hit a high of 0.2632, a low of 0.2426, and closed at 0.2426 on 2025-12-31 12:00 ET. Total volume reached 385,758.7, with notional turnover of 94,222.85 USDT.
Structure & Formations
Price action showed a distinct breakdown from a 0.257–0.259 consolidation range after 20:45 ET, with bearish momentum accelerating post-midnight. A large bearish engulfing pattern formed between 0.2585 and 0.2435 as prices collapsed.
Moving Averages
On the 5-minute chart, the 20 and 50-period SMAs were well below price for most of the session, confirming downward bias. Daily 50, 100, and 200 SMAs are not provided but likely under pressure based on the late-session breakdown.
Momentum Indicators
RSI dropped to 27 in early trading, signaling oversold conditions and a potential near-term bounce. MACD turned negative in the afternoon and remained in bear territory, with a narrowing histogram hinting at fading bear momentum.
Volatility & Bollinger Bands
Bollinger Bands widened significantly after midnight as volatility spiked. Price closed near the lower band at 0.2426, suggesting possible exhaustion. A contraction in band width could signal a resumption of directional trading.
Volume and Turnover
Volume surged to 385,758.7 at 16:45 ET as prices hit 0.2435, confirming a key breakdown. Turnover spiked in line with volume, showing no divergence, which supports the bearish move’s authenticity.
Fibonacci Retracements
A 38.2% retracement of the 0.2426–0.2502 move sits at 0.2435, a level that briefly acted as a floor before a further drop. A 61.8% retracement at 0.2467 may provide short-term resistance if buyers return.
Price may test 0.2426 as a psychological floor and could attempt a 0.2435–0.2467 rebound. Investors should watch for a sustained break above 0.2502 to signal a reversal in sentiment.
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