Market Overview for Measurable Data Token/Tether (MDTUSDT)

Summary
• MDTUSDT broke above 0.01325 on strong volume, with a bullish engulfing pattern near 0.01318.
• Momentum picked up midday with RSI above 60, but overbought conditions emerged near 0.0136.
• Volatility expanded after 21:00 ET as price surged to 0.0138, supported by high-volume continuation.

At 12:00 ET on 2025-12-04, Measurable Data Token/Tether (MDTUSDT) opened at 0.01301, reached a high of 0.01384, and closed at 0.01343, with a low of 0.01336. Total 24-hour volume was 11.9 million, and turnover hit $1.61 million, reflecting growing on-chain activity.

Price action showed a clear bullish bias after 19:00 ET, with a strong rally to 0.0138, where it briefly tested upper Bollinger levels. The 20-period 5-min moving average provided dynamic support during pullbacks, while RSI reached overbought territory during the 02:00–04:00 ET consolidation phase. A key bullish engulfing pattern formed at 0.01318, followed by a breakout above 0.01325 on strong volume.

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Structure & Formations

MDTUSDT appears to have established a short-term ascending triangle pattern between 0.01318 and 0.01345. A bullish breakout above 0.0138 could target 0.0139–0.0141, aligning with the 38.2% Fibonacci retracement of the recent 0.01301–0.01384 move. Resistance is now at 0.0137–0.0138, with support near 0.0135–0.0136.

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Momentum & Volatility

The MACD turned bullish after 20:00 ET, with a positive crossover and increasing histogram bars, suggesting sustained upward momentum. RSI hit a high of 63, showing moderate strength but not extreme overbought territory. Bollinger Bands expanded during the 21:00–03:00 ET rally, indicating rising volatility, and price remained above the 20-period 5-min MA, supporting a continuation of the trend.

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Volume & Turnover

Volume surged sharply between 20:00–22:00 ET and again at 02:00–04:00 ET, matching price highs and supporting the breakout above key resistance. Turnover remained elevated during these phases, indicating strong conviction. A divergence emerged between price and volume during the 05:00–07:00 ET pullback, suggesting cautious bearish pressure.

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Fibonacci Retracements

Fibonacci levels suggest a possible retest of 0.0135–0.0136, where the 61.8% retracement of the 0.01301–0.01384 move resides. A close above 0.0138 may push toward 0.0139–0.0141, which could trigger broader buying pressure.

The price could continue upward in the next 24 hours if the 0.0138 level is retested with buying support. However, a break below 0.0135 may reestablish short-term bearish sentiment, so investors should watch for divergences in volume and RSI levels to confirm the trend’s durability.