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Summary
• Price fluctuated between 0.790 and 0.813, forming multiple consolidation and bullish reversal patterns.
• Volume spiked during key price swings, confirming momentum around 0.802–0.805 and 0.796–0.799 clusters.
• RSI indicated overbought and oversold conditions, suggesting potential for near-term mean reversion.
• Bollinger Bands showed narrowing volatility before breakout attempts.
ether.fi/Tether (ETHFIUSDT) opened at 0.796 on 2025-12-06 at 12:00 ET, reached a high of 0.813, dipped to a low of 0.790, and closed at 0.799 as of 2025-12-07 at 12:00 ET. Total volume traded was 1,513,433.5, with a notional turnover of ~$1,196,814.
Structure & Formations
The price formed a bullish engulfing pattern around 0.802–0.805 before a minor bearish reversal at 0.806. A notable doji appeared at 0.801, signaling indecision. Key support levels were identified near 0.796 and 0.790, with resistance at 0.805 and 0.807.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages were close in the 0.801–0.802 range, reflecting consolidation. Daily moving averages (50, 100, 200) showed no significant divergence but suggested a flat to slightly bearish bias.
Momentum and Volatility
RSI fluctuated between overbought (75–80) and oversold (25–30) levels, indicating high volatility and potential for correction. Bollinger Bands constricted near 0.802 before expanding during a breakout attempt. This implied increased volatility ahead.
Volume and Turnover
Volume increased significantly during the 0.802–0.805 and 0.796–0.799 price clusters, confirming price action. Notional turnover mirrored volume spikes, showing no major divergence.
**

Key Retracements
Fibonacci retracements on the recent 5-minute swing identified 0.802 (61.8%) as a critical level for potential bounce or breakdown. Daily retracements aligned with the 0.796–0.805 cluster, suggesting a likely range-bound session ahead.
ETHFIUSDT appears to be consolidating within a defined range, with key support and resistance levels providing potential triggers for direction. Investors may monitor 0.802 and 0.796 for potential breakouts or reversals. Forward-looking, a break below 0.790 or above 0.807 could extend the trend, but increased volatility could also result in a choppy session.
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