Summary
•
tested key support near 0.690, with a strong rebound into 0.705.
• Volume surged during the final 3 hours, confirming bullish momentum.
• RSI and MACD aligned in overbought territory, suggesting short-term pullback risk.
• Bollinger Bands widened, reflecting increased volatility.
At 12:00 ET on 2025-12-30,
.fi/Tether (ETHFIUSDT) opened at 0.699, touched a high of 0.714, a low of 0.684, and closed at 0.704. Total volume was 1,884,275.5, with turnover amounting to $1,344,145.9.
Structure & Formations
The price formed a bullish engulfing pattern near 0.690, confirming a short-term bounce. A 5-minute doji near 0.705 hinted at indecision. Resistance levels appear near 0.710, with key support at 0.690–0.692.
Moving Averages
The 20-period and 50-period 5-minute EMA lines were crossed by price to the upside, supporting a bullish bias. Daily MA levels showed a mixed bias, with price above the 200-day line.
Momentum and Oscillators
RSI surged into overbought territory above 70, while the MACD histogram showed increasing positive divergence. The 9-period signal line crossed the MACD line in bullish fashion.
Volatility and Bollinger Bands
Price action extended beyond the upper Bollinger Band for several hours, indicating heightened volatility. The 5-minute band width expanded significantly as volume spiked.
Volume and Turnover
Volume surged above 150,000 in the final 3 hours, confirming the move above 0.705. Turnover aligned with volume, showing no divergence.
Fibonacci Retracements
A key 5-minute swing from 0.684 to 0.714 saw price pause near 0.705, aligning with the 61.8% retracement level. Daily retracement levels suggest potential support at 0.690–0.695.
The price may consolidate near 0.705 in the next 24 hours, but a break above 0.710 could trigger further gains. Traders should remain cautious of a potential pullback into 0.695–0.690 if momentum weakens.
Comments
No comments yet