Market Overview for Morpho/Tether (MORPHOUSDT): 24-Hour Technical Summary

Thursday, Dec 25, 2025 9:00 pm ET2min read
Aime RobotAime Summary

- MORPHOUSDT saw a morning rally to 1.173 before a bearish reversal, forming a bearish engulfing pattern at 07:00–08:00 ET with MA crossovers.

- Volatility spiked 2.1% during 20:30–21:30 ET, breaching Bollinger Bands, while RSI overbought conditions and divergence signaled waning momentum.

- A failed 568,878.3 volume-driven breakout and closing near lower Bollinger Bands suggest potential oversold conditions and key support at 1.143–1.145.

Summary
• Price action saw a morning rally with a 0.618 Fibonacci retest before a bearish reversal in afternoon trading.
• High volatility emerged between 20:30–21:30 ET with a 2.1% range, exceeding Bollinger Band thresholds.
• RSI showed overbought conditions briefly, followed by divergence in late trading, signaling potential momentum exhaustion.
• Volume spiked during the 20:30 ET candle, confirming a short-term breakout attempt but failing to sustain the move.
• A bearish engulfing pattern formed around 07:00–08:00 ET, coinciding with a key 50-period MA crossover and rising turnover.

The 24-hour period for Morpho/Tether (MORPHOUSDT) opened at 1.15, peaked at 1.173, and closed at 1.143 by 12:00 ET. Total volume reached 568,878.3 and notional turnover was approximately $649,508.

Structure & Formations


The price action formed a distinct morning rally, reaching 1.173 around 22:45 ET, which acted as a short-term high. This was followed by a bearish reversal as the price retested the 1.15–1.16 range and failed to hold above 1.165. A bearish engulfing pattern appeared at 07:00–08:00 ET, coinciding with a key 50-period MA crossover on the 5-minute chart. The 61.8% Fibonacci retrace from the morning high was a pivotal resistance level, where sellers took control around 10:00–11:00 ET.

Moving Averages and Momentum



On the 5-minute chart, the 50-period MA crossed the 20-period MA bearishly around 07:00 ET, signaling a weakening of the short-term bullish bias. The daily chart showed a bearish cross between 100-period and 200-period MAs, reinforcing a longer-term bearish tilt. RSI peaked at 73 in the morning, briefly overbought, but diverged in the afternoon with lower highs despite a rally in volume. MACD showed a narrowing histogram as momentum waned, with the zero line crossed bearishly after 09:00 ET.

Volatility and Bollinger Bands


Volatility spiked at 20:30–21:30 ET when price moved 2.1% within a 5-minute window, breaching upper Bollinger Bands. This period also saw the highest volume and turnover of the day, though the move proved unsustainable. After 12:00 ET, volatility normalized, with the price closing near the lower Bollinger Band, suggesting potential short-term oversold conditions.

Volume and Turnover


Volume and turnover spiked during the 20:30–21:30 ET rally, indicating strong participation from both bulls and bears. However, the subsequent decline lacked confirmation in terms of volume, suggesting a lack of conviction in the bearish move. A divergence between price and turnover was observed late in the session, as volume dipped despite continued selling pressure.

Forward-Looking Implications

The 1.143–1.145 level appears to be a near-term support zone. A break below this may trigger a test of the 1.135 psychological level. Conversely, a rebound above 1.15–1.16 could indicate a short-term bounce, but without strong volume confirmation, this may lack sustainability. Investors should monitor the 50-period MA on the 5-minute chart for signs of a re-entry into bullish territory.

The price may remain range-bound for the next 24 hours, especially if volume remains subdued. A breakout attempt above 1.165 could reignite momentum, but bearish pressure remains elevated. Caution is advised near key moving averages and Fibonacci levels, as these may attract algorithmic selling or buying pressure.