Market Overview for Flow/Tether (FLOWUSDT)

Summary
• FLOWUSDT tested key support at 0.210 before rebounding with bullish 5-minute volume.
• Price closed near 24-hour high with RSI showing strong momentum but not overbought levels.
• Bollinger Bands expanded mid-day, reflecting rising volatility after early consolidation.
• Volume surged during the 16:00–17:00 ET rally, confirming recent price strength.
• Fibonacci retracement at 0.218 appears to act as a dynamic support/resistance level.

Flow/Tether (FLOWUSDT) opened at 0.213 on 2025-12-08 12:00 ET, traded between 0.208 and 0.225, and closed at 0.225 as of 12:00 ET on 2025-12-09. Total volume amounted to 3,107,923.04, with a notional turnover of approximately $652,669.23 over 24 hours.

Structure & Formations

Price action on the 5-minute chart showed multiple bullish signals including a bullish engulfing pattern forming after the 16:00 ET rebound from 0.218. A key support level at 0.210 held during the early morning dip, while resistance levels at 0.218 and 0.225 were tested and temporarily broken. A morning consolidation period from 02:00–10:00 ET gave way to a breakout that appeared to trigger a wave of follow-through buying.

Moving Averages

Short-term moving averages (20/50-period) on the 5-minute chart showed a steep upward crossover, reinforcing the recent bullish bias. Daily 50/100/200-period averages are not included here due to a lack of daily chart inputs, but the 5-minute momentum suggests a potential continuation of the upward trend.

Momentum Indicators

The RSI climbed to 62 by 16:00 ET and remained in a strong range without entering overbought territory, suggesting that the rally may still have room to run. The MACD histogram turned positive during the morning and remained above the signal line, supporting the idea that bullish momentum remains intact.

Bollinger Bands

Volatility increased sharply during the 16:00–17:00 ET window as price broke out of a narrow range into an expanded Bollinger channel. Price closed near the upper band, indicating strong conviction in the move higher. A contraction in the bands during the 02:00–06:00 ET period hinted at a possible breakout, which materialized with a clear upward move.

Volume and Turnover

Volume surged during the 16:00–17:00 ET rally, with a 5-minute candle at 16:45 ET printing 184,934.49 in volume and a close at 0.225, indicating strong buyer participation. Turnover closely followed the price trend, with no significant divergence observed.

Fibonacci Retracements

A 5-minute swing from 0.210 to 0.225 showed 0.218 as the 38.2% retracement level, which held as a dynamic support zone. On the daily chart, the most recent swing (not fully available) may have left a 61.8% retracement near 0.220–0.223, which price now appears to be testing.

FLOWUSDT may continue its upward momentum if key resistance at 0.225–0.227 holds. However, a pullback to 0.218–0.220 could test conviction in the trend. Investors should remain cautious of potential volatility as large orders continue to influence price at key levels.