Market Overview for EURI/USDT on 2025-12-16

Tuesday, Dec 16, 2025 2:44 am ET1min read
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- EURI/USDT traded in a 1.1732–1.175 range, failing to break above key resistance at 1.1748–1.1750.

- A bearish engulfing pattern at 1.1748 and diverging RSI/MACD signaled weakening bullish momentum despite rising volume.

- Prices hovered near Bollinger Bands' middle band, with buyers reluctant to push above 1.1748 and sellers testing support at 1.1732.

- Increased turnover below 1.1739 and potential false breakouts suggest caution for further downside to 1.1725 in the next 24 hours.

Summary
• EURI/USDT traded within a tight 1.1732–1.175 range, testing key support and resistance clusters.
• Price failed to break above 1.1748–1.175, suggesting short-term bearish bias and potential consolidation.
• A bearish engulfing pattern formed near 1.1748–1.1745, confirming recent weakness in buyers.
• Volume surged after 21:00 ET, but price action failed to follow through on bullish momentum.
• RSI and MACD signaled overbought conditions early, later diverging with price as buyers faded.

Eurite/Tether (EURIUSDT) opened at 1.1744 at 12:00 ET – 1, reached a high of 1.175, a low of 1.1732, and closed at 1.1744 by 12:00 ET. The 24-hour volume was 237,765 and turnover totaled 291,579.

Structure and Key Levels


The price remained confined between 1.1732 and 1.1750, with 1.1745 acting as a pivotal pivot point. The bearish engulfing pattern at 21:45 ET and a hanging man formation at 02:00 ET signaled weakening bullish conviction. Fibonacci retracement levels highlighted resistance at 1.1748 (61.8%) and support at 1.1739 (38.2%), which saw multiple retests.

Indicators and Momentum


The 20-period and 50-period SMAs on the 5-minute chart intersected near 1.1744, pointing to potential indecision. MACD showed fading bullish momentum after 21:00 ET and turned bearish by 03:00 ET. RSI peaked at overbought levels before 22:00 ET, followed by a bearish divergence as price continued to fall.

Volatility and Bollinger Bands


Volatility remained low, with prices staying within the Bollinger Band channels for much of the session. A narrow band contraction occurred between 19:00 and 20:00 ET, but no decisive breakout followed. Price hovered near the middle band until it drifted downward, confirming the bearish trend.

Volume and Turnover


Volumes spiked after 21:00 ET, coinciding with the bearish engulfing pattern, but price failed to follow through. The highest turnover was recorded between 21:00 and 04:00 ET, when prices moved below key support at 1.1739. Divergence between rising turnover and falling prices hinted at potential profit-taking or increased shorting activity.

The market appears to be in a consolidation phase, with buyers showing reluctance to push above 1.1748–1.1750. A break below 1.1732 could signal further downside to 1.1725. Investors should remain cautious for a possible reversal, but increased volatility may lead to a false breakout in the next 24 hours.