Summary
• MOBOX/Tether formed a bearish engulfing pattern near 0.0344, indicating potential reversal.
• Volatility increased in the early hours with high-volume breakouts toward 0.0338–0.0341.
• RSI signaled overbought conditions briefly before a sharp correction below 0.0336.
MOBOX/Tether (MBOXUSDT) opened at 0.0339 on 2025-12-13 12:00 ET, reached a high of 0.0344, and closed at 0.0330 on 2025-12-14 12:00 ET, with a low of 0.0328. Total 24-hour volume was 10,879,675.0, and notional turnover was approximately $329,914.
Structure & Formations
A bearish engulfing pattern emerged at 0.0344–0.0338 during the early morning session, suggesting a short-term top. A doji formed around 0.0336 at the 05:00–05:15 ET mark, hinting at indecision. The price found temporary support at 0.0334–0.0335 multiple times but failed to hold above 0.0336 after 05:45 ET.
Moving Averages
On the 5-minute chart, the 20-period MA crossed below the 50-period MA, forming a bearish crossover.
On a daily basis, the 50-period MA remains above the 100 and 200-period MAs, indicating a neutral to slightly bearish bias.
MACD & RSI
MACD turned negative after 03:00 ET and continued to diverge from rising price action, signaling weakening momentum. RSI hit overbought territory around 0.0341 but dropped sharply into oversold territory after 06:00 ET, aligning with the downward move to 0.0329.
Bollinger Bands
The price traded near the upper band during the 03:00–04:30 ET window, before collapsing to the lower band. A period of low volatility occurred between 07:00 and 10:00 ET before a reacceleration in price decline.
Volume & Turnover
Volume spiked to over 1.1 million at 13:00 ET as the price edged higher to 0.0335. However, this was not accompanied by strong upward momentum, suggesting possible distribution. Divergence appeared between volume and price after 15:00 ET, as volume increased during lower closes.
Fibonacci Retracements
Key Fibonacci levels from the 0.0328 to 0.0344 swing include 0.0339 (38.2%) and 0.0336 (61.8%). The price stalled near 0.0336, suggesting it could face near-term resistance before testing 0.0339 again.
MOBOX/Tether may test 0.0334–0.0335 as a potential near-term floor over the next 24 hours, with a risk of further downside if volume continues to expand below 0.0332. Investors should monitor RSI for signs of reversal and watch for a rejection or breakdown at key Fibonacci levels.
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