Market Overview: Initia/Tether (INITUSDT) on 2025-12-15

Summary
• Price consolidated within 0.0845–0.0880 on the 5-minute chart with a bullish reversal pattern at 0.0853.
• Volume surged 350% during the 23:45–00:15 ET window, coinciding with a key low at 0.0853.
• RSI hit oversold 32, suggesting potential bounce, while MACD crossed above zero with bullish divergence.
• Bollinger Bands narrowed before 0.0855–0.0865, signaling possible breakout after a 38.2% Fibonacci rebound.

Initia/Tether (INITUSDT) opened at 0.0874 on 2025-12-14, reached a high of 0.0886, a low of 0.0845, and closed at 0.0878. Total 24-hour volume was 9.79 million, with notional turnover of $846,000.

Structure & Moving Averages

Price found key support at 0.0853 (38.2% Fib), rebounding strongly into the upper 0.087–0.088 range. The 20-period 5-minute MA acted as dynamic support during the bounce, while the 50-period MA crossed above it, signaling short-term bullish momentum. On the daily chart, the 50/200 MA is in a bullish alignment, suggesting the pair remains in a larger uptrend.

Momentum and Volatility

MACD turned positive at 0.0001 after a negative divergence, confirming bullish reversal. RSI moved from oversold 32 to neutral 53, signaling potential follow-through buying. Bollinger Bands tightened ahead of the 0.0855–0.0865 range before expanding, indicating a breakout after consolidation.

Volume and Turnover Dynamics

Volume surged at 23:45 ET to over 985k as price hit the 24-hour low, confirming strength at that level. Turnover spiked during the same period to $84.5k, validating the bounce. Price and turnover aligned well in the final 4 hours, supporting a potential continuation.

Pattern and Fibonacci Implications

A bullish engulfing pattern emerged at 0.0853–0.0861, followed by a 61.8% retracement at 0.0878. This level is now critical, with potential for a test of the 0.0886 high or a pullback to 0.0871.

Initia/Tether appears to have regained control above key support, with momentum favoring a continuation. However, traders should watch for a rejection at 0.0880 or a drop below 0.0871, which could signal a reversal.