Market Overview for dYdX/Tether (DYDXUSDT): 24-Hour Movement and Technical Implications

Generated by AI AgentAinvest Crypto Technical RadarReviewed byTianhao Xu
Sunday, Dec 14, 2025 4:40 pm ET1min read
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Aime RobotAime Summary

- dYdX/Tether pair dropped from $0.1958 to $0.1889, forming bearish patterns and testing key support at $0.1885–0.1890.

- RSI entered oversold territory (<30) suggesting short-term rebound potential, but MACD remained bearish with negative crossovers.

- Volatility spiked pre-6ET with $578K turnover, while volume declined post-8ET despite continued price weakness.

- Price remains below 20/50-period moving averages, sitting near Bollinger Bands' lower boundary with Fibonacci 61.8% retracement aligning at key support.

- Near-term outlook hinges on $0.1885 support hold; break could trigger further decline amid exhausted bearish momentum and declining volume.

Summary
• Price declined from $0.1958 to $0.1889, forming bearish engulfing patterns and testing key support.
• RSI indicates oversold conditions, suggesting potential near-term rebound.
• Volatility surged in the early hours before stabilizing, with strong turnover in the 6–14 ET window.

The dYdX/Tether pair opened at $0.1958 on 2025-12-13 12:00 ET, reached a high of $0.1972, hit a low of $0.1874, and closed at $0.1889 by 12:00 ET on 2025-12-14. Total volume was 2,936,768.58, with a notional turnover of $578,973.53 across the 24-hour window.

Structure & Formations


The price action showed a bearish trend with a key breakdown from the $0.1950–0.1958 range, where several bearish engulfing and dark cloud cover patterns confirmed the shift in sentiment. A notable support level appears to have formed around $0.1885–0.1890, where the price found temporary stability after a sharp decline. A 61.8% Fibonacci retracement of the move from $0.1958 to $0.1874 aligns closely with this level, suggesting it may act as a pivot in the near term.

Momentum and Volatility



The RSI dropped into oversold territory below 30 for much of the session, signaling a possible rebound. However, the MACD remained bearish with a negative crossover and decreasing histogram, suggesting momentum continues to favor the downside.
Volatility expanded significantly during the 2–6 ET window before stabilizing in the 8–12 ET period, indicating a transition from aggressive selling to consolidation.

Volume and Turnover


Volume spiked sharply during the early part of the session, particularly in the 2–4 ET window, confirming the bearish breakdown. Notional turnover also surged during this period, aligning with the price action. However, from 8 ET onward, volume decreased despite continued price decline, hinting at potential exhaustion in the short term.

Bollinger Bands and Moving Averages


Price remained below the 20-period and 50-period moving averages on the 5-minute chart, reinforcing bearish bias. Bollinger Bands expanded during the selloff, reflecting heightened volatility. Currently, the price sits near the lower band, indicating a potential bounce but not a reversal.

Outlook and Risk


The pair may test the $0.1885 support level in the next 24 hours, with a possible bounce if buyers re-enter. However, the broader bearish momentum and volume exhaustion could lead to further downward drift if the level breaks. Investors should monitor the 50-period MA on the 5-minute chart for a potential reversal signal or continuation of the downtrend.