Market Overview: IQ/Tether (IQUSDT) on 2025-12-10

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Thursday, Dec 11, 2025 12:00 am ET1min read
Aime RobotAime Summary

- IQUSDT fell to 0.001838 amid bearish momentum, failing to break key resistance at 0.001843 despite an RSI oversold signal.

- Bollinger Bands narrowed overnight, with price closing near the upper band, suggesting potential volatility expansion and a breakout.

- A 3.7% rebound during 09:45–10:00 ET coincided with sharp volume spikes and bullish reversal patterns near 0.001810–0.001815 support.

- MACD confirmed bearish momentum while Fibonacci retracements at 0.001836/0.001853 highlight critical levels for potential bounces or continuation.

- Market consolidation near 0.001830–0.001845 remains key, with a break above 0.001843 signaling bullish resumption but downside risks persisting below 0.001810.

Summary
• Price declined from 0.001845 to 0.001838 amid bearish momentum and low-volume consolidation.
• RSI signaled oversold conditions mid-day, but a rebound failed to break key resistance at 0.001843.
• A long lower wick on the 09:45 ET candle suggests rejection near 0.001810, supporting a possible bounce.
• Volume spiked during the 09:45–10:00 ET window, coinciding with a sharp price recovery.
• Bollinger Bands narrowed overnight, suggesting potential volatility expansion and a key breakout ahead.

At 12:00 ET−1, IQ/Tether (IQUSDT) opened at 0.001842 and traded as high as 0.001858 before closing at 0.001843 on 12:00 ET. The 24-hour range was 0.001804 to 0.001879, with a total volume of 69,756,415 and turnover of approximately $127,408.

Structure & Moving Averages


The price broke below the 20-period and 50-period moving averages during the early afternoon, confirming a bearish bias. A key support area formed near 0.001810–0.001815, where multiple bullish reversal patterns emerged, including a morning star and a bullish engulfing on the 09:45–10:00 ET candles.

Momentum and Volatility


RSI hit oversold territory around 25 in the mid-afternoon before rebounding, indicating potential exhaustion in the downtrend. MACD crossed below the signal line, reinforcing bearish momentum, though a narrowing histogram suggests a possible slowdown.
Bollinger Bands contracted overnight, implying a buildup of volatility, with the closing candle sitting near the upper band, suggesting potential continuation.

Volume and Turnover


Volume spiked during the 09:45–10:00 ET window, coinciding with a 3.7% price rebound. Notional turnover rose sharply during that period, indicating coordinated buying activity. No material divergence between price and volume was observed, but the consolidation phase suggests indecision ahead.

Fibonacci Retracements


The 38.2% and 61.8% retracement levels from the 0.001804 to 0.001879 swing were at 0.001836 and 0.001853, respectively. Price tested the 38.2% level multiple times during the session, suggesting a potential bounce or continuation depending on volume strength in the next 24 hours.

The market may consolidate near the 0.001830–0.001845 range as it tests the 20-period MA. A break above 0.001843 could signal a resumption of the bullish trend, but a retest of the 0.001810 level carries risk of further downside. Investors should remain cautious ahead of potential macroeconomic data and volatility-driven swings.