Market Overview for Marlin/Tether (PONDUSDT) on 2025-12-09

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Dec 9, 2025 7:05 am ET1min read
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Aime RobotAime Summary

- Marlin/Tether (PONDUSDT) tested key support at 0.00446 repeatedly, closing near 0.00454 resistance after early declines.

- Volume spiked during 03:00-04:00 ET support test and again at 0.00453 breakout, confirming bullish reversal patterns.

- RSI showed early bearish divergence (35 low) but closed at 52 with MACD turning positive, signaling mixed momentum.

- Price formed a descending wedge (0.00444-0.00454) with final 5-minute bullish breakout above 0.00453 resistance level.

- 0.618 Fibonacci retracement at 0.00449 aligns with price action cluster, suggesting potential pivot for near-term buyers.

Summary
• Price drifted lower during early ET hours but regained ground, closing near key resistance.
• Volume spiked during consolidation near 0.00444–0.00448, hinting at possible support testing.
• RSI showed bearish divergence early in the session, while MACD turned bullish in the final hour.

Marlin/Tether (PONDUSDT) opened at 0.00453 on 2025-12-08 at 12:00 ET, hit a high of 0.00454, and a low of 0.00444, closing at 0.00454 on 2025-12-09 at 12:00 ET. The 24-hour volume was 28,518,709.0 and turnover reached $134,336.

Structure & Formations


Price action developed a shallow descending wedge between 0.00444 and 0.00454, with a final bullish breakout on the last 5-minute candle. A bullish engulfing pattern appeared at 0.00446–0.00448, suggesting a potential reversal.
The 0.00446 level acted as a critical support, with repeated tests over the 24-hour window.

Moving Averages


On the 5-minute chart, the price closed above its 50-period SMA and above the 20-period SMA, signaling short-term bullish momentum. On the daily chart, no clear crossover between the 50/100/200 SMAs was observed, indicating a neutral trend.

MACD & RSI


The MACD turned positive in the final hour, confirming the recent bullish breakout. RSI reached a low of 35 in early ET hours and closed near 52, suggesting moderate bullish momentum without overbought conditions. A bearish divergence occurred during the early decline, which was later negated by the final rally.

Bollinger Bands


Volatility remained moderate throughout the session, with price remaining within the Bollinger Bands for most of the period. The final hour saw a slight expansion, and the close occurred near the upper band, suggesting a potential continuation of the upward move.

Volume & Turnover


Volume surged in the 03:00–04:00 ET timeframe, coinciding with a test of the 0.00444 support level. Notional turnover confirmed this move, aligning with the price decline. A final volume spike of 3921 units accompanied the breakout above 0.00453, reinforcing the short-term bullish signal.

Fibonacci Retracements


Applying Fibonacci to the key swing from 0.00454 to 0.00444, the 0.618 retracement level sits at 0.00449—aligning with a cluster of price action. This level could act as a pivot for near-term buyers.

Price appears to be testing a key support zone and showing early signs of a potential reversal. While a break above 0.00454 could open the door for a 0.00456 target, caution is warranted if volume fails to confirm further gains. A retest of the 0.00446 level could trigger renewed selling, adding short-term risk.