Summary
• Price action formed a bearish divergence in late ET hours, confirming downward momentum.
• Volume surged during the 21:45–22:00 ET window, aligning with a sharp price drop.
• RSI reached oversold territory in the last 4 hours, hinting at potential short-term rebound.
• Key support appears at 0.000507, with a breakdown below 0.000505 signaling further downside.
• Volatility expanded post-21:00 ET as price broke lower, extending the 24-hour range.
Holo/Tether (HOTUSDT) opened at 0.00051 on 2025-12-11 at 12:00 ET and closed at 0.000498 on 2025-12-12 at 12:00 ET. The 24-hour high was 0.00053, and the low was 0.000494. Total volume reached 570,843,537.0 and notional turnover amounted to 286.71575791.
Structure & Formations
Price tested the key resistance level of 0.000527 multiple times during the day, failing to hold above it. A bearish engulfing pattern formed at 21:45 ET, which coincided with a volume spike. A strong breakdown below 0.000507 confirmed a shift in sentiment, with further support likely at 0.000505.
Moving Averages
On the 5-minute chart, the 20-period MA provided resistance near 0.000511, while the 50-period MA acted as a dynamic ceiling. The daily chart showed the 50 MA at 0.000513 and 100 MA at 0.000511, with price settling below both, indicating a bearish alignment across timeframes.
MACD & RSI
The MACD crossed below the signal line during the evening hours, confirming bearish momentum. The RSI reached oversold levels in the final 4 hours, suggesting short-term buying interest may emerge, though this does not necessarily signal a reversal.
Bollinger Bands
Volatility expanded significantly after 21:00 ET as price moved lower. The 20-period Bollinger Bands widened, with price closing near the lower band at 0.000498. This indicates a potential pullback could occur toward the 0.000510 mid-band level.
Volume & Turnover
Volume spiked during the 21:45–22:00 ET window, coinciding with a sharp drop in price. This confirmed bearish conviction. However, notional turnover declined in the final hours, suggesting reduced conviction despite the price drop. A divergence between volume and price may hint at a possible consolidation phase.
Fibonacci Retracements
Fibonacci levels drawn from the 0.00053 high to 0.000494 low identified a key 61.8% level near 0.000515. Price failed to recover above this level in the final hours, reinforcing the bearish bias. On the 5-minute chart, the 50% retracement at 0.000512 was a failed retest, indicating sellers remained in control.
Holo/Tether appears to have entered a consolidation phase near 0.000508, with a potential bounce toward 0.000515 as the next target. However, a sustained break below 0.000505 could extend the decline further. Investors should closely monitor volume and RSI to identify early reversal cues amid increased bearish momentum.
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