Summary
• Price tested key support near $0.0000443 before rebounding with increasing volume in the final hours.
• A bullish reversal pattern formed near the close, indicating possible short-term momentum turning.
• Volatility expanded midday, pushing price beyond upper Bollinger bands before consolidating.
• RSI drifted into oversold territory early, then moved into neutral range as volume surged.
• Turnover spiked in the last 5-hour window, suggesting renewed buying interest near current levels.
Price and Turnover
FLOKI/Tether opened at $0.00004513 on 2025-12-05 12:00 ET, reached a high of $0.0000454, a low of $0.00004408, and closed at $0.00004538 on 2025-12-06 12:00 ET. The 24-hour notional volume was approximately $8.54 billion, with a total turnover of around $450.4 million.
Structure and Momentum
Price action showed a clear reversal from earlier bearish pressure, with a bullish candle forming late in the session. Key support was retested and held at $0.0000443, suggesting a potential base for further consolidation.
The RSI has moved out of oversold territory, indicating easing short-term selling pressure, but remains within neutral bounds.
Volatility and Volume
Volatility spiked midday with price moving beyond the upper Bollinger band, before narrowing again toward the end of the period. Volume surged in the final 5-hour window, especially after 14:00 ET, which aligns with the price rebound. No major divergence between price and turnover was observed, suggesting volume is confirming bullish intent.
Patterns and Retracements
A potential bullish engulfing pattern formed near $0.0000447–$0.0000451, suggesting a possible short-term reversal. On the Fibonacci scale, the 38.2% and 61.8% retracement levels for the recent 5-min move have been tested and appear to be providing directional cues.
Forward-Looking View
The price may test the $0.0000454–$0.0000456 range as a potential near-term resistance zone in the next 24 hours. A breakout could signal renewed bullish momentum, but a pullback to $0.0000446–$0.0000443 may indicate consolidation. Investors should monitor volume behavior and RSI for early signs of overbought or oversold conditions.
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