Market Overview: MovieBloc/Tether (MBLUSDT) on 2025-12-12

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 12, 2025 2:57 am ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
MBL
--
USDT
--
Aime RobotAime Summary

- MBLUSDT broke $0.00124 resistance at 21:30 ET, forming a bullish engulfing pattern at 18:45 ET.

- RSI hit overbought 76 at $0.001245 before dropping to 58, signaling potential pullback.

- Volume spiked 14M at $0.001237–$0.00124, confirming short-term bullish momentum.

- Price consolidated near 61.8% Fibonacci at $0.001239, with $0.001245–$0.001247 as next key resistance.

Summary
• Price tested key resistance at $0.00124 and retested support near $0.001227.
• Volatility expanded after 18:00 ET as price surged above $0.00124.
• RSI indicated overbought conditions near $0.001245, followed by a pullback.
• Volume spiked at $0.001237–$0.00124, confirming short-term bullish momentum.
• A bullish engulfing pattern formed around 18:45 ET, signaling potential reversal.

MovieBloc/Tether (MBLUSDT) opened at $0.001226 on 2025-12-11 12:00 ET, reached a high of $0.001251, a low of $0.001221, and closed at $0.001235 on 2025-12-12 12:00 ET. Total volume over 24 hours was 146,173,292.0 with notional turnover of $179,669.00.

Structure & Formations


The 24-hour period saw multiple attempts to break above the key resistance at $0.00124, with a successful push at 21:30 ET to $0.001247. A bullish engulfing pattern emerged around 18:45 ET, indicating a potential reversal. A doji formed at $0.001235–$0.001235, suggesting indecision. Support levels at $0.001227 and $0.00123 appear robust, with price consistently bouncing off these levels.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages crossed multiple times, indicating choppy intraday momentum. On the daily chart, the 50-period MA is slightly above the 100-period MA, suggesting a mixed short- to medium-term trend.

MACD & RSI


The MACD showed a bullish divergence around 18:45 ET as the MACD line crossed above the signal line. RSI peaked at 76 near $0.001245, indicating overbought conditions, and dropped to 58 by 06:00 ET, suggesting a pullback was in order.

Bollinger Bands


Volatility expanded significantly after 18:00 ET, with Bollinger Bands widening. Price traded near the upper band during the 18:00–21:00 ET window and then retracted toward the midline, suggesting a period of consolidation after the breakout attempt.

Volume & Turnover


Volume spiked during the 18:00–22:00 ET window, with a peak of 14,404,694 at 22:15 ET. Turnover aligned with the price rally above $0.00124, suggesting strong conviction in the bullish move. A divergence occurred during the late overnight hours when volume declined despite a moderate price drop.

Fibonacci Retracements


Fibonacci levels drawn from the 0.001221–0.001251 swing showed a retest of the 61.8% retracement level at $0.001239, which held briefly. The 38.2% level at $0.001235 was also retested, with the price consolidating around that area.

Over the next 24 hours, a test of the $0.001245–$0.001247 resistance area could occur, with a potential break leading to $0.001251. However, a pullback toward $0.001227–$0.00123 could indicate renewed bearish pressure. Investors should watch for confirmation of the bullish engulfing pattern and key Fibonacci levels.