Market Overview for IQ/Tether (IQUSDT)

Tuesday, Dec 16, 2025 12:09 am ET1min read
Aime RobotAime Summary

- IQUSDT fell 0.000005 over 24 hours amid bearish engulfing patterns and Bollinger Band breakouts.

- RSI peaked at 62 (overbought) before declining to 49, while MACD showed bearish divergence post-noon.

- Volume spiked during 17:45-19:00 ET decline, with bullish divergence failing to trigger price recovery near 0.001585.

- Key support at 0.001587 held via 38.2% Fibonacci retracement, but 50% level failed to sustain buyers.

Summary
• Price drifted lower on moderate volume, with a bearish engulfing pattern forming near 0.00159.
• RSI signaled overbought conditions in the early hours before trending downward.
• Volatility expanded midday, with price breaching a key 5-minute Bollinger Band.
• A bullish divergence in volume emerged as price neared 0.001585 but failed to recover.

The IQ/Tether pair (IQUSDT) opened at 0.001592 on 2025-12-15 at 12:00 ET and closed at 0.001587 on 2025-12-16 at 12:00 ET, with a high of 0.001598 and a low of 0.001577. Total volume across the 24-hour period was 47,799,328.0, while notional turnover was approximately $73,247.

Structure & Formations


Price action revealed a bearish engulfing pattern around 0.00159 as the session progressed, confirming a shift in sentiment. A key support level appeared at 0.001587, where price found a temporary floor before a brief rebound. A doji-like formation at 0.001591 signaled indecision during the session’s peak volatility.

Moving Averages


On the 5-minute chart, price dipped below both the 20-period and 50-period moving averages in the late hours, suggesting short-term bearish momentum. Daily moving averages (50, 100, 200) remained untested due to limited intraday movement.

MACD & RSI


MACD showed bearish divergence as the line crossed below the signal line in the afternoon. RSI peaked at 62 in the early hours, indicating overbought conditions, but declined to 49 by close, suggesting fading momentum and potential for consolidation.

Bollinger Bands



Volatility expanded during the afternoon, with price breaking the upper Bollinger Band at 0.001598. This was followed by a pullback and retest of the lower band near 0.001587, signaling a potential reversal setup if support holds.

Volume & Turnover


Volume spiked during the 17:45 ET to 19:00 ET window, coinciding with a sharp decline. A bullish divergence in volume occurred near 0.001585, where buying pressure increased without a price rebound, hinting at potential exhaustion.

Fibonacci Retracements


Fibonacci levels showed price finding support at the 38.2% retracement (0.001587) during the late afternoon pullback. A 5-minute swing from 0.001598 to 0.001587 saw a retest of the 50% level, which failed to hold, reinforcing bearish bias.

Price may consolidate near 0.001585–0.001587 in the next 24 hours if buyers show intent to defend the key level. Traders should remain cautious of a further breakdown below 0.001585, which could trigger renewed short-term bearish momentum.