Market Overview for First Digital USD/Tether

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 1:20 am ET1min read
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- FDUSD/USDT fell from 1.0003 to 0.9984, forming bearish candlestick patterns mid-day with 6.97M volume surge at 05:45 ET.

- RSI hit oversold levels late session but failed to trigger recovery, while MACD confirmed bearish momentum below zero.

- Price tested 0.9984 support (lower Bollinger Band) and 0.9991 resistance, with Fibonacci levels showing limited influence on consolidation.

- Volume and turnover aligned during 0.9989 dip, but failed follow-through suggests potential exhaustion in downward move.

Summary
• Price declined from 1.0003 to 0.9984, forming bearish candlestick patterns mid-day.
• Volatility expanded after 19:00 ET, with volume surging to 6.97 million at 05:45 ET.
• RSI signaled oversold conditions late, but price failed to recover decisively.

First Digital USD/Tether (FDUSDUSDT) opened at 1.0003 on 2025-12-09 at 12:00 ET, hit a high of 1.0003, and closed at 0.9984 by 12:00 ET on 2025-12-10. The pair traded within a range of 0.9991 to 1.0003, with a 24-hour volume of 158,875,666.0 and notional turnover of 88,943,500.

Structure & Formations


Price action showed a clear bearish bias starting at 19:00 ET, with a strong rejection at 0.9996 forming a bearish engulfing pattern. A long-legged doji at 0.9985 suggested indecision, though a recovery attempt failed to hold above 0.9987. Support appears to have formed near 0.9984, and resistance may retest at 0.9991 in the near term.

Moving Averages


On the 5-minute chart, price closed below both the 20- and 50-period SMAs, reinforcing the downward trend. Daily moving averages suggest a longer-term consolidation phase, with no strong directional bias.

MACD & RSI


The MACD crossed below zero, confirming bearish momentum. RSI dropped into oversold territory in the final hours of the session, though a reversal did not occur, raising caution about potential false signals.

Bollinger Bands


Volatility expanded in the afternoon and evening, with price reaching the lower band at 0.9984. This suggests a potential bounce from support, though further confirmation is needed.

Volume & Turnover


Volume surged significantly at 05:45 ET, coinciding with a sharp move to 0.9989. However, this was not followed by a sustained rally, pointing to potential exhaustion. Turnover and volume moved in alignment, supporting the validity of the price move.

Fibonacci Retracements


A key 5-minute retracement level at 0.9988 acted as a short-term floor, with the 0.9991 level forming resistance. Daily Fibonacci levels showed minimal influence, as price remained in a narrow consolidation range.

Price appears to have reached a short-term low, but the bearish momentum has not yet reversed. Traders should watch for a test of the 0.9984 level and whether it holds before considering a potential rebound. The next 24 hours could bring renewed volatility if liquidity or order flow shifts.