Market Overview for Nervos Network/Tether (CKBUSDT) on 2025-12-27

Saturday, Dec 27, 2025 4:06 pm ET1min read
Aime RobotAime Summary

- Nervos Network/Tether (CKBUSDT) broke a 5-minute ascending triangle, testing 0.002445 resistance after a morning rally.

- MACD showed bullish divergence while RSI approached overbought levels, signaling potential consolidation.

- Bollinger Bands widened post-09:00 ET with turnover surging 5x average, reflecting heightened volatility.

- A bearish engulfing pattern at 16:45 ET and 38.2% Fibonacci retracement at 0.002416 suggest short-term profit-taking risks.

Summary
• Price broke out of a 5-minute ascending triangle and tested a key resistance at 0.002445.
• MACD showed bullish divergence, while RSI edged into overbought territory after the morning rally.
• Bollinger Bands widened post 09:00 ET, indicating rising volatility and a shift in momentum.
• Turnover surged by over 5x the average as buying pressure dominated late morning and early afternoon.
• A bearish engulfing pattern formed at 16:45 ET, suggesting short-term exhaustion above 0.002441.

Nervos Network/Tether (CKBUSDT) opened at 0.002382 on 2025-12-26 12:00 ET, reached a high of 0.002471, and closed at 0.002435 on 2025-12-27 12:00 ET. Total volume for the 24-hour period was 119,356,909.0, and notional turnover reached 289,738.59 USD.

Structure & Formations


Price formed a bullish ascending triangle between 0.002382 and 0.002439, breaking out around 11:30 ET. A key resistance level at 0.002445 was tested multiple times but only briefly breached in the late afternoon. A bearish engulfing pattern at 16:45 ET may indicate short-term profit-taking pressure.

Moving Averages


The 5-minute 20 and 50 SMA were closely aligned in the morning, moving higher as buying pressure intensified. Daily 50/100/200 SMA trends were not available for this timeframe but the 5-minute chart showed clear bullish bias after 04:00 ET.

Momentum Indicators


MACD turned positive and showed divergence as price pulled back in the afternoon, signaling potential reversal. RSI approached overbought levels (above 70) during the morning surge, suggesting the rally may pause or consolidate.

Bollinger Bands


Volatility expanded significantly after 09:00 ET as the upper band reached 0.002471. Price hovered near the upper band in the morning, then pulled closer to the midline by the late afternoon, indicating some exhaustion.

Volume & Turnover


Volume spiked sharply around 11:30–12:00 ET and again between 14:00–17:00 ET. Turnover surged past $28k during the morning breakout, showing strong conviction in higher prices.

Fibonacci Retracements


A 38.2% retracement level was observed at 0.002416 during the late afternoon pullback, while the 61.8% level held at 0.002429. These levels may serve as near-term support if the trend continues.

Price could test 0.002471 again tomorrow, but a break below 0.002425 may trigger short-term profit-taking. Investors should watch for confirmation of consolidation or continuation.