Market Overview for Marlin/Tether (PONDUSDT): December 11, 2025

Generated by AI AgentAinvest Crypto Technical RadarReviewed byDavid Feng
Thursday, Dec 11, 2025 12:30 am ET1min read
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- PONDUSDT formed bearish engulfing patterns and closed at 0.00444 after volatile swings between 0.00458 and 0.00438.

- Volatility spiked at 20:15 ET with 6.

volume, but failed to sustain a breakout above 0.0046 despite strong turnover.

- RSI entered oversold territory below 30 after 03:00 ET, aligning with 61.8% Fibonacci support at 0.00444 for potential bounce.

- Key risks include breakdown below 0.00441 targeting 0.00435, or reversal above 0.00448 signaling short-term recovery.

Summary
• Price formed bearish engulfing patterns late afternoon, signaling short-term bear momentum.
• Volatility expanded after 19:15 ET with a 0.00458 high and 0.00451 low.
• Turnover spiked at 20:15 ET but failed to confirm a breakout above 0.0046.
• RSI dropped into oversold territory below 30 after 03:00 ET, suggesting potential bounce.
• Key support appears at 0.00447, with 61.8% Fibonacci level aligning near 0.00444.

Marlin/Tether (PONDUSDT) opened at 0.00454 on December 10, peaked at 0.00458, and closed at 0.00444 by 12:00 ET December 11. The pair traded between 0.00458 and 0.00438, with a total volume of 18.5 million and turnover of approximately $83,000.

Structure & Formations


The 5-minute chart revealed several bearish engulfing patterns, particularly between 19:30 and 20:45 ET, as the price moved from 0.00455 to 0.00451. A long lower shadow at 23:45 ET showed rejection near 0.00446.
The 61.8% Fibonacci retracement level from the 0.00458 high aligned closely with the 0.00444 close, suggesting potential support consolidation.

Technical Indicators



The 20-period and 50-period moving averages on the 5-minute chart remained above price, confirming bearish bias. The 20-period MA crossed below the 50-period MA early in the session, reinforcing a short-term downtrend. RSI dipped into oversold territory below 30 after 03:00 ET, suggesting potential short-covering or a bounce near 0.00444. MACD remained bearish with a negative crossover and a shrinking histogram.

Volatility & Volume


Volatility expanded sharply between 19:15 and 21:00 ET, with the price fluctuating between 0.00458 and 0.00451. Bollinger Bands widened during this period, and price closed near the middle band after 02:00 ET. Turnover spiked at 20:15 ET with a 6.3 million volume candle, but price failed to hold above 0.0046, suggesting weak conviction.

Forward Outlook


PONDUSDT may test the 0.00444 level for consolidation, with a possible bounce if RSI rebounds. A break below 0.00441 could trigger a test of the 0.00438 intraday low. Traders should watch for volume confirmation on any reversal attempt.

Risk Consideration


If bearish momentum continues and the price closes below 0.00441, further downside to 0.00435 may follow. However, a sustained rebound above 0.00448 could signal a short-term reversal. Investors are advised to manage risk and consider volatility levels ahead of potential news or broader market moves.