Market Overview for FUNToken/Tether (FUNUSDT) – 2025-12-20

Summary
• Price action showed a bearish reversal pattern at 0.001781, followed by a 61.8% Fibonacci retracement to 0.001762.
• RSI entered oversold territory below 30, suggesting potential short-term buying interest.
• Volume surged during key retracement levels, confirming bearish momentum.
• Bollinger Bands constricted before a sharp break below the 20-period MA, signaling increased volatility.
• Notional turnover increased by 73% in the final 4 hours, indicating elevated market participation.

FUNToken/Tether (FUNUSDT) opened at 0.001764 at 12:00 ET − 1, reaching a high of 0.001781 and a low of 0.001721 before closing at 0.001752 at 12:00 ET. Total volume was 83,265,858.0 and notional turnover was approximately $145,726.

Structure & Formations

Price action showed a bearish reversal pattern during the 19:45–20:00 ET timeframe, forming a key resistance cluster around 0.001781. This level was tested three times over the 24-hour period and failed to hold on the final attempt. A bearish 61.8% Fibonacci retracement from the 19:45 high to the 06:45 low occurred at 0.001762, coinciding with a consolidation phase before the final leg lower.

Moving Averages and MACD

On the 5-minute chart, price broke below the 20-period MA during the 06:45–07:00 ET period and failed to close back above it for the remainder of the session. The 50-period MA acted as dynamic resistance in the 09:00–10:00 ET timeframe. The MACD histogram showed a bearish divergence in the final 3 hours, with declining bullish momentum despite a temporary price bounce.

RSI and Volatility

The RSI reached an oversold reading of 27 at 05:45 ET, which was not followed by a strong rebound, indicating weak bullish conviction. Volatility, as measured by Bollinger Band width, began to contract at 00:00–01:00 ET before expanding sharply with the break of key support levels. Price spent the final 6 hours below the lower Bollinger Band, signaling a period of bearish consolidation.

Volume and Turnover

Volume surged above the 8M threshold at 19:45–20:00 ET as price approached the key 0.001781 resistance level. However, the subsequent breakdown was accompanied by above-average volume (7M–9M), confirming the bearish move. Notional turnover increased by over 73% in the final 4 hours, indicating rising participation and bearish conviction.

Looking ahead, FUNUSDT appears to be consolidating near the 0.001752 level, with potential for a short-term test of the 0.001740 support zone. However, traders should remain cautious of a possible rebound as RSI is in oversold territory, and volume has not yet confirmed a directional bias.