Summary
• Price surged above 0.0300, forming a bullish engulfing pattern near 0.0303–0.0310.
• Strong volume confirmed the breakout, with a 50% increase in turnover during the late-ET push.
• RSI shows momentum remains balanced, but MACD suggests potential for a short-term pullback.
At 12:00 ET-1 on 2025-12-19,
Finance/Tether (HUMAUSDT) opened at 0.02931, reaching a high of 0.0316 and a low of 0.02905, closing at 0.03104 by 12:00 ET on 2025-12-20. Total 24-hour volume was approximately 43.6 million HUMA, with a notional turnover of roughly $1.34 million.
Structure & Formations
The price action formed a key bullish engulfing pattern around 0.0303–0.0310, suggesting a short-term shift in momentum. A doji appeared near 0.03106, indicating potential consolidation ahead. Key support levels appear at 0.0306–0.0308, with resistance forming around 0.0311–0.0313 based on recent closes and rejection points.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA, reinforcing the bullish bias. The 50-period MA on the daily chart remains below the 200-period MA, suggesting longer-term caution.
MACD & RSI
MACD lines crossed above the signal line near 0.0309–0.0311, indicating potential short-term momentum. RSI remains in balanced territory around 56, showing no extreme overbought or oversold conditions, but suggesting a potential pullback may be near if buyers pause.
Bollinger Bands
Volatility expanded significantly during the price surge to 0.0310–0.0312, with prices closing near the upper band, suggesting a possible pullback toward the middle band could occur.
Volume & Turnover
Volume spiked during the late-ET hours, confirming the upward move. Turnover also increased by 50% in the final 3 hours, with no clear divergence between price and volume suggesting the move is still well-supported.
Fibonacci Retracements
A recent 5-minute swing from 0.02905 to 0.0316 aligns with a 61.8% retracement at 0.0304–0.0306, which was briefly tested before the final push higher.
. The 38.2% retracement at 0.0310–0.0312 appears to be acting as a consolidation zone.
The price action suggests a short-term bullish bias, with potential for a pullback toward 0.0306–0.0308 before further upward movement. However, traders should monitor the 0.0303 support level and be cautious of a possible reversal if or volume declines.
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