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Summary
• FIOUSDT broke key support at $0.01225, falling to $0.0116 amid rising volume.
• RSI and MACD signal oversold territory below $0.0118, hinting at potential rebound.
• Bollinger Band contraction noted at $0.0117–0.0118, with price trading near lower band.
• Volume spiked 5× during the 14:30–15:00 ET sell-off, but price did not confirm with a new low.
• Fibonacci 61.8% retracement at $0.01187 aligns with prior support; could act as near-term floor.
FIO Protocol/Tether (FIOUSDT) opened at $0.0123 on December 6 at 12:00 ET, touched a high of $0.01233, and closed at $0.01192 at 12:00 ET on December 7. The pair fell to a low of $0.0116 during the session. Total 24-hour volume reached 16.88 million, with a notional turnover of approximately $2.16 million.

FIOUSDT may find support near $0.0118 and could retest $0.0120 on a rebound. However, traders should remain cautious, as the breakdown below key levels and lack of follow-through buying could see further downside. Volatility and volume dynamics will be key to assess in the next 24 hours.
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