Summary
• IOST/Tether declined from $0.001806 to $0.001737, forming bearish patterns after a failed rally.
• RSI and MACD show weakening momentum with a bearish divergence in price and volume.
• Volatility contracted briefly mid-day, followed by a sharp drop and heavy turnover in the session’s last hours.
24-Hour Price and Volume Summary
IOST/Tether (IOSTUSDT) opened at $0.001797 on 2025-12-10, reached a high of $0.001848, and closed at $0.001737 on 2025-12-11. The pair traded within a range of $0.001734 to $0.001848, with a 24-hour volume of 202,857,097 and a notional turnover of $349,341. The session ended with bearish dominance after a failed attempt to retest prior resistance.
Structure & Formations
Price formed a bearish engulfing pattern and a dark cloud cover as it retested the $0.001805–0.001810 zone, failing to hold. Key resistance appears at $0.001827 and $0.001841, with support emerging near $0.001734 and $0.00172.
A large bearish candle on 2025-12-10 22:00 ET to 22:15 ET confirmed the breakdown.
Moving Averages and Momentum
On the 5-minute chart, the 20- and 50-period moving averages have trended lower, reflecting bearish momentum. The daily 50-period MA is above the 200-period MA, indicating a longer-term bearish bias. RSI has been below 40 for most of the day, and MACD crossed below zero with a bearish divergence, suggesting a continuation of the downward move.
Volatility and Volume
Bollinger Bands showed a narrow contraction around midday, followed by a breakout to the downside. The largest notional turnover occurred in the candle ending at 2025-12-10 20:15 ET, with a high of $0.001841 and volume of 5,821,831. Volume and price action confirmed the bearish move, with no signs of a reversal.
Fibonacci and Projection Levels
Fibonacci retracements applied to the swing high of $0.001848 and low of $0.001734 show key levels at 61.8% at $0.001762 and 38.2% at $0.001790. The current close of $0.001737 is near the 76.4% level, suggesting that the next potential support zone could be the 61.8% level or below, depending on the strength of the continuation.
The pair appears to be in a bearish consolidation phase, with the breakdown below $0.001740 increasing the likelihood of a test of $0.00172. However, a retest of the $0.001790 area could trigger a short-term rebound. Investors should remain cautious as the market lacks clear conviction and a reversal signal.
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