Summary
• Price formed bearish reversal patterns near 0.656–0.660, then consolidated in a downtrend.
• Volatility expanded as price dropped to 0.6222, with heavy volume in the 20:30–02:00 ET range.
• RSI and MACD signaled oversold conditions near 0.623–0.626, hinting at potential short-term bounce.
• Bollinger Bands showed price near the lower band during the late-night selloff, indicating a volatile phase.
Lido DAO/Tether (LDOUSDT) opened at 0.6485 on 2025-12-09 at 12:00 ET, reached a high of 0.6603, and closed at 0.6257 at 12:00 ET on 2025-12-10. The 24-hour low was 0.6216. Total volume was 10,848,187.21 and notional turnover amounted to $6,824,408.58.
Structure & Formations
Price showed a strong bearish reversal on the 5-minute chart around 0.656–0.660, with a hanging man and bearish engulfing pattern signaling possible selling pressure. As the session progressed, price found support at 0.6222, with a bullish reversal candle suggesting short-term stabilization.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages were bearishly aligned for much of the session, reinforcing the downward bias. On the daily chart, the 50, 100, and 200-period MAs were in a descending formation, pointing to a continuation of the bear trend.
MACD & RSI
The MACD showed bearish momentum for most of the session, with a negative divergence in the late hours. RSI dipped below 30 at 0.623–0.626, indicating oversold territory and potential for a near-term bounce. However, RSI has yet to show a clear reversal, suggesting caution.
Bollinger Bands
Price approached the lower Bollinger Band during the late-night selloff, indicating a high volatility period. The bands had widened after a period of consolidation, suggesting a potential for either continuation or a corrective bounce.
Volume & Turnover
Volume spiked between 20:30–02:00 ET as price dropped below 0.640, aligning with the price decline. The heavy volume confirmed bearish sentiment. However, the lack of follow-through volume after the 0.6222 low suggests weak conviction for a further decline.
Fibonacci Retracements
Key Fibonacci levels on the recent 5-minute swing showed price finding support at the 61.8% level (around 0.623–0.626). The daily chart retracement levels remain untested in this session, but a test of the 38.2% level at ~0.639 could offer short-term resistance ahead.
Price may find short-term support at 0.622–0.624 and could test 0.632–0.636 in the next 24 hours. However, with the broader trend bearish and volume mixed, traders should remain cautious about a sustained reversal.
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