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Summary
• Price rose to $0.0127 before retracing, forming bearish divergences near prior highs.
• Volume surged during the upward rally but waned as price declined, hinting at weakening momentum.
• RSI remains in overbought territory, while Bollinger Bands show a slight contraction, suggesting a potential consolidation phase.
FIO Protocol/Tether (FIOUSDT) opened at $0.0123 on 2025-12-05 at 12:00 ET and closed at $0.01231 as of 2025-12-06 at 12:00 ET. The 24-hour high and low were $0.0127 and $0.0122, respectively. Total volume reached 10.06 million, with turnover at approximately $1.25 million.
Structure & Formations
The price moved higher into the early evening (ET), peaking at $0.0127, followed by a gradual pullback. A bearish divergence formed between price highs and lower closing candles. A doji appeared near $0.01253, signaling indecision. Key support levels may be found at $0.01241 and $0.01229, with resistance at $0.01253 and $0.01264.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA in the early stages of the rally, signaling a bullish bias. However, the 50-period MA has begun to flatten, and price has started to pull away from it. On the daily chart, the 50-period MA remains above the 100 and 200-period MAs, suggesting a longer-term bullish trend.
MACD & RSI
The MACD histogram peaked during the early rally and has since contracted, indicating waning momentum. RSI remains above 65, suggesting overbought conditions, though the divergence between price and RSI suggests a possible near-term pullback.
Bollinger Bands
Price reached the upper Bollinger Band during the $0.0127 peak, indicating high volatility. Bands have since narrowed slightly, suggesting potential consolidation ahead. Price currently trades just below the 20-period MA, with the lower band hovering near $0.01227.
Volume & Turnover
Volume spiked during the rally, particularly between 20:30 and 21:15 ET, but declined sharply after the $0.0127 high. This divergence between price and volume suggests weakening buying pressure. Turnover followed a similar pattern, peaking at the top before retreating.
Fibonacci Retracements
Key Fibonacci levels from the $0.0122 to $0.0127 swing include 38.2% at $0.01242 and 61.8% at $0.01254. The price briefly tested the 61.8% level before retreating, suggesting potential resistance in the $0.01253–$0.01255 range.

Over the next 24 hours, the pair may test the $0.01241 support and potentially retest the $0.01253–$0.01255 resistance zone if bulls regain control. Investors should remain cautious of overbought conditions and bearish divergences that may precede a short-term pullback.
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