Market Overview: FIO Protocol/Tether (FIOUSDT) 24-Hour Technical Summary

Summary
• Price action broke key support at 0.01175 before forming a bullish engulfing pattern near 0.01194.
• Volatility expanded in the final 4 hours, with volume increasing 3x as price approached 0.01206.
• RSI bottomed at 28.5 (oversold) before a sharp rebound, while MACD crossed into positive territory.
• Bollinger Bands expanded as FIOUSDT traded near the upper band during the final 4.5 hours.
• Turnover diverged from price in early morning, with a 38.2% Fibonacci retracement at 0.01195 acting as support.

FIO Protocol/Tether (FIOUSDT) opened at 0.01196 on 2025-12-18 12:00 ET, reached a high of 0.01235, and a low of 0.01161, closing at 0.01206 as of 2025-12-19 12:00 ET. The 24-hour volume was 30,115,969.0 and turnover amounted to 362.91 USD.

Structure & Key Levels

Price found critical support at 0.01175 before reversing in a 5-minute bullish engulfing pattern near 0.01194–0.01199. A descending triangle formed between 0.01201 and 0.01235 broke in the afternoon, allowing a retest of 0.01206–0.01208 in the final 2.5 hours. A 61.8% Fibonacci level at 0.01208 aligned with the upper Bollinger Band during a late surge.

Momentum and Volatility

RSI hit oversold at 28.5 during the overnight pullback before rallying to 52.5 by 06:15 ET. MACD crossed above the signal line in the pre-dawn hours, confirming a short-term shift in momentum. Volatility, as measured by Bollinger Band width, expanded in the last 4 hours, with price hovering near the upper band.

Volume and Turnover Insights

Volume spiked to 10.8 million at 04:30 ET as FIOUSDT surged to 0.01213–0.01207, confirming the breakout. A divergence in turnover occurred between 00:15 and 02:15 ET, with price declining but turnover rising. A final 5-hour accumulation phase drove volume to 8.5 million as price retested 0.01206–0.01208.

FIOUSDT may test the 0.01208–0.01212 range over the next 24 hours, with a potential retest of the 0.01195 support. Investors should monitor for a breakdown below 0.01195, which could trigger a deeper correction toward 0.01180.