Market Overview for DODO/Tether (DODOUSDT) on 2025-12-24

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 24, 2025 4:32 pm ET1min read
DODO
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Aime RobotAime Summary

- DODO/Tether (DODOUSDT) failed to hold key resistance near $0.0183, forming bearish patterns after a 5-minute engulfing candle at 21:15 ET.

- RSI remained overbought while volume waned, signaling exhaustion as price hovered near Bollinger Bands' middle band after midday volatility.

- A sharp 01:45 ET volume spike coincided with a failed breakdown attempt, highlighting weak conviction in both bullish and bearish moves.

- Fibonacci levels at $0.0180–$0.0181 (61.8%) and $0.0178–$0.0179 (38.2%) emerged as critical short-term reversal markers amid consolidation.

Summary
• DODO/Tether tested key resistance near $0.0183 but failed to hold, forming bearish patterns.
• RSI remains in overbought territory while volume waned in the afternoon, signaling possible exhaustion.
• A 5-minute bearish engulfing pattern emerged at 21:15 ET, indicating short-term bearish bias.
• Volatility expanded midday as price broke above Bollinger Bands before reversing.
• Turnover spiked sharply at 01:45 ET, coinciding with a minor breakdown attempt.

DODO/Tether (DODOUSDT) opened at $0.0178 on 2025-12-23 12:00 ET, reached a high of $0.0183, and closed at $0.0179 on 2025-12-24 12:00 ET. The pair traded between $0.0176 and $0.0183, with a 24-hour volume of 13,004,151.3 and a turnover of $240,250.35.

Structure and Formation Analysis


The 5-minute chart showed a series of bullish and bearish divergences, with a bearish engulfing pattern forming at $0.0182 on 21:15 ET, followed by a failed attempt to reclaim that level. Key support levels were observed near $0.0179 and $0.0176, while resistance clustered at $0.0181 and $0.0183. A potential bullish reversal was attempted in late ET hours, but momentum failed to follow through, suggesting caution for buyers.

Moving Averages and Momentum

On the 5-minute chart, price remained above its 20-period moving average but below the 50-period line, indicating mixed signals. The MACD crossed into negative territory in the early morning hours, reflecting a shift in momentum toward the bearish side. The RSI remained in overbought territory for much of the session, but failed to break above 70, suggesting a lack of conviction in bullish moves.

Volatility and Bollinger Bands


Volatility expanded sharply between 18:00 and 19:00 ET, with price briefly breaking above the upper Bollinger Band at $0.0182–$0.0183. However, the expansion was quickly followed by a contraction, indicating a potential lull in the near term. Price has since been hovering near the middle band, suggesting consolidation before a potential breakout.

Volume and Turnover


Volume spiked at 01:45 ET with a large block of trades totaling $2,383.70 in turnover, coinciding with a breakdown attempt. However, the volume failed to confirm a strong reversal, and turnover waned as the session progressed. A divergence between price and turnover was observed in the late morning, with price rising while turnover declined, hinting at waning buyer interest.

Fibonacci Retracements


Applying Fibonacci retracements to the key 5-minute swing from $0.0176 to $0.0183, price found initial resistance at the 61.8% level ($0.0180–$0.0181) and support at 38.2% ($0.0178–$0.0179). These levels may serve as short-term markers for potential reversals or continuation moves.

The market may test these key levels again in the next 24 hours, with a possible break below $0.0176 or above $0.0183 likely to drive further directional bias. Investors should remain cautious of potential volatility if volume spikes again, especially as the session nears major support or resistance levels.