Summary
•
formed a key bullish reversal pattern near 0.0832–0.0841.
• Price consolidated within a 0.0841–0.0889 range, with 20SMA acting as dynamic support.
• Volatility increased late in the session, with volume surging above 735,980 at 0.0881–0.0889.
• MACD showed divergence, while RSI remained within normal bounds near 50.
• Bollinger Bands expanded as price tested the upper band near 0.0891, suggesting a potential breakout.
Market Performance
IOTA/Tether (IOTAUSDT) opened at 0.0901 on 2025-12-18 at 12:00 ET, reached a high of 0.0898, a low of 0.0832, and closed at 0.0882 by 12:00 ET on 2025-12-19. Total volume over 24 hours was 11,662,082, with a notional turnover of $1,012,230.
Structure & Momentum
Price formed a bullish reversal pattern near 0.0832–0.0841, followed by a gradual climb toward 0.0889. The 20-period SMA acted as a dynamic support level, with price bouncing off it on multiple occasions. MACD showed a bearish divergence in the morning before flipping to bullish in the afternoon, aligning with the late session rally.
. RSI remained within moderate levels, fluctuating between 30 and 65, indicating balanced buying and selling pressure.
Volatility and Volume
Bollinger Bands expanded as IOTAUSDT approached and tested the upper band near 0.0891, signaling rising volatility and potential breakout conditions. Volume surged above 735,980 at 16:15 ET as price rose from 0.0881 to 0.0889. This volume spike confirmed the bullish reversal rather than showing signs of divergence.
Key Levels and Outlook
Key support levels include 0.0841 (38.2% Fib) and 0.0832 (61.8% Fib), both of which saw strong price reactions. Resistance levels are at 0.0889 (daily high) and potentially 0.0891–0.0897. If IOTAUSDT holds above 0.0841, it could test the upper range near 0.0891. A break below 0.0841 would suggest a resumption of bearish pressure. Investors should remain cautious of potential short-term volatility and watch for divergences in RSI and MACD over the next 24 hours.
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