Market Overview for dYdX/Tether (DYDXUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Dec 22, 2025 5:00 pm ET2min read
DYDX
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Aime RobotAime Summary

- DYDXUSDT tested key resistance at 0.1645 but failed to hold above, forming a bearish engulfing pattern.

- Volatility surged near 0.165 with RSI hitting overbought levels (70) and bearish MACD crossovers reinforcing downward momentum.

- Bollinger Bands contracted pre-01:00 ET, followed by price consolidation between 0.162-0.165 as volume waned during late-day rallies.

- Fibonacci support at 0.1632 held temporarily, but bearish exhaustion signals suggest potential continuation toward 0.1615 if 0.1645 resistance breaks.

Summary
• Price tested key resistance at 0.1645 and failed to hold above.
• Volatility expanded during early ET hours, with volume surging near 0.165.
• RSI entered overbought territory, suggesting short-term exhaustion.
• Bollinger Band contraction in early morning hints at potential breakout.
• Bearish divergence noted in late-day volume versus price consolidation.

dYdX/Tether (DYDXUSDT) opened at 0.1608 (12:00 ET − 1), hit a high of 0.166, a low of 0.1596, and closed at 0.163 at 12:00 ET. Total volume was 6,711,927.94 DYDX, with a notional turnover of approximately $1,088,069.

Structure & Formations


Price found strong resistance at 0.1645–0.165 during the early morning, marked by a bearish engulfing pattern on the 5-minute chart. A key support level emerged near 0.162–0.163 as buyers stepped in, forming a bullish reversal pattern late in the session. A doji formed near 0.1626, suggesting indecision at the lower end of the range.

Moving Averages


The 5-minute chart shows a bearish cross of the 20-period and 50-period moving averages during the morning session, confirming short-term bear pressure. On the daily chart, price remains above the 50 and 200-day MAs, but the 100-day line is approaching from below, potentially reinforcing support in the next 24–48 hours.

MACD & RSI


The RSI peaked near overbought levels at 70 during the early morning surge, signaling potential short-term exhaustion. The MACD line crossed the signal line in a bearish fashion around 01:45 ET, reinforcing the reversal at 0.1645. Later, a bullish crossover occurred at 09:30 ET, coinciding with a price rebound near 0.1637.

Bollinger Bands


Bollinger Bands constricted in the early hours (00:00–01:00 ET), suggesting a potential breakout. Price tested the upper band at 0.165 and bounced down, while the lower band acted as a soft floor around 0.162. Volatility expanded after 01:00 ET as price moved between the bands.

Volume & Turnover


Volume surged sharply near 01:30 ET and again at 08:30 ET, coinciding with price peaks at 0.1647 and 0.1655, respectively. However, late-day consolidation saw volume drop despite minor price rallies, indicating bearish exhaustion. Turnover was highest between 00:30 and 02:00 ET, with large notional value at the top of the session.

Fibonacci Retracements


Applying Fibs to the 5-minute swing from 0.1596 to 0.166 shows key levels at 0.1632 (38.2%) and 0.1615 (61.8%). Price found support at 0.1632 before consolidating and may face further downward pressure toward 0.1615 if the trend continues.

DYDXUSDT appears to be consolidating after a sharp intraday move, with key support and resistance levels in close proximity. A test of the 0.1615 level may indicate a potential bearish continuation, but the strong volume and price action near 0.1625 suggest buyers remain active. Investors should monitor the 0.1645–0.165 zone for potential breakouts or breakdowns, with caution advised due to recent volatility and mixed momentum signals.