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Summary
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Eurite/Tether (EURIUSDT) opened at 1.1768 on 2025-12-29 12:00 ET, reached a high of 1.1791, and a low of 1.1758, closing at 1.1783 by 2025-12-30 12:00 ET. Total volume over 24 hours was 246,048.1, with turnover of 289,184.56.
Structure & Formations
The 24-hour chart for EURIUSDT shows a well-defined base forming between 1.1760 and 1.1784, with a breakout toward 1.1784–1.1791 on increasing volume. A bullish engulfing pattern formed near 1.1782 in the early morning hours, which could signal a short-term reversal. Support levels are likely near 1.1778–1.1780, while resistance remains at 1.1787–1.1789. A 5-minute doji formed at 2025-12-30 04:30 ET, indicating indecision before a fresh breakout.
Technical Indicators
MACD turned positive and crossed above the signal line around 2025-12-30 05:00 ET, suggesting building bullish momentum. RSI entered overbought territory (72–76) by 2025-12-30 06:15–07:00 ET, raising the likelihood of a pullback or consolidation. Bollinger Bands contracted during the overnight hours, followed by a clear expansion and price movement outside the upper band, indicating a breakout in progress.

Volume and Turnover
Volume spiked in the final 3 hours of the 24-hour window, with a total of 46,270.2 in volume between 07:00 and 12:00 ET. Turnover during this period reached 65,782.24, confirming the strength of the move into the 1.1784–1.1791 range. Notably, price and turnover were in strong alignment during the final push, suggesting genuine demand rather than wash trading.
Fibonacci Retracements
Applying Fibonacci retracement levels to the swing low (1.1758) and swing high (1.1791), key levels appear at 1.1777 (23.6%), 1.1783 (38.2%), and 1.1787 (50%). The current price of 1.1783 aligns closely with the 38.2% level, suggesting a potential area of interest for either consolidation or a further push toward the 50% level.
The market appears poised for a short-term consolidation phase or a test of the 1.1791 high from the prior 24 hours. While momentum indicators suggest a near-term correction, volume dynamics and pattern confirmation could support a continuation of the upward trend. Investors should remain cautious of overbought RSI and potential profit-taking, which could result in a pullback toward 1.1782 in the next 24 hours.
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