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Summary
• Price formed bullish engulfing patterns near 0.001765–0.001771 as buyers regained control after early selling.
• RSI showed bearish divergence early, but reversed into overbought territory by the close.
• Volume spiked at 0.00177–0.001785, confirming consolidation and potential short-term resistance.
• Bollinger Bands widened significantly, reflecting heightened volatility in the final 6 hours.
• A 61.8% Fib retracement level at ~0.001775 acted as both support and resistance during key swings.
At 12:00 ET−1, IQ/Tether opened at 0.001766 and traded as high as 0.001787, and as low as 0.001754, closing at 0.001775 as of 12:00 ET. Total volume for the 24-hour period was 74,836,186.0, with notional turnover of ~$131,448,359.

Price appears to be testing consolidation near 0.001775, with potential for a breakout above 0.001785 or a retest of 0.001765. Investors should remain cautious as overbought RSI and expanding volatility suggest that a reversal—either way—could be imminent.
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