Market Overview for IDEX/Tether (IDEXUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 24, 2025 8:11 am ET1min read
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Aime RobotAime Summary

- IDEX/Tether (IDEXUSDT) fell 1.1% in 24 hours, breaking below key support at 0.01031 amid bearish engulfing patterns.

- RSI dipped below 40 and MACD showed bearish crossover, confirming oversold conditions and fading bullish momentum.

- Volume spiked during rallies but failed to sustain gains, with Fibonacci levels targeting 0.01022 as next potential support.

Summary
• IDEX/Tether fell 1.1% over 24 hours, breaking below key support at 0.01031.
• Momentum weakened with RSI dipping below 40, suggesting oversold conditions.
• Volume surged during the rally to 0.01082 but faded on the pullback.
• A bearish engulfing pattern formed at 0.01041–0.01032, signaling short-term bearish bias.
• Price retested Bollinger Bands mid-session but failed to sustain above the midline.

IDEX/Tether (IDEXUSDT) opened at 0.01024 on 2025-12-23 12:00 ET, hit a high of 0.01084, fell to a low of 0.00996, and closed at 0.01002 by 12:00 ET on 2025-12-24. Total volume was 49,040,765.3 and notional turnover amounted to $485,581. The pair faced bearish pressure after a failed recovery attempt.

Structure and Candlestick Formations


Price action on IDEX/Tether displayed a bearish bias with a key breakdown below 0.01031. A bearish engulfing pattern formed on the 5-minute chart between 0.01041 and 0.01032, indicating short-term bearish momentum. No strong bullish reversal patterns appeared during the session.

Moving Averages


On the 5-minute chart, the 20- and 50-period moving averages converged lower, reflecting downward drift. Daily 50/100/200 MA lines remained aligned in a downtrend, reinforcing bearish sentiment as IDEX/Tether closed below all three.

Momentum Indicators (MACD & RSI)

The 24-hour RSI for IDEX/Tether dropped below 40, signaling potential oversold conditions. MACD showed a bearish crossover with negative histogram expansion, indicating fading bullish momentum and strengthening bearish control.

Bollinger Bands and Volatility


Volatility surged during the midday rally to 0.01082 but contracted during the pullback. Price retested the upper and lower Bollinger Bands but failed to maintain a directional breakout, suggesting a period of consolidation may follow.

Volume and Turnover


Volume spiked during the 5-minute rally to 0.01082 with a large 6.5M volume print, but failed to confirm a strong follow-through. Turnover also declined during the post-rally pullback, highlighting a lack of conviction among buyers.

Fibonacci Retracements


IDEX/Tether’s pullback from 0.01084 to 0.01002 found resistance at key Fibonacci levels. The 61.8% retracement level at 0.01031 was breached, confirming the bearish trend and leaving 0.01022 as the next possible target for further declines.

IDEX/Tether appears to be in a bearish phase with a breakdown below key support levels. The next 24 hours may see further consolidation or a test of 0.01022, but traders should remain cautious of potential short-covering or volatility spikes. Risk remains to the downside for now.