Market Overview for Nervos Network/Tether (CKBUSDT)

Monday, Dec 22, 2025 3:57 pm ET1min read
Aime RobotAime Summary

- Nervos Network/Tether (CKBUSDT) rebounded from $0.002352 support with bullish reversal patterns and a 45% volume surge.

- RSI exited oversold levels while Bollinger Bands contracted before a breakout, confirmed by positive MACD momentum.

- Volume spiked during 02:00–04:00 ET as price rallied to $0.002392, aligning with Fibonacci 61.8% target at $0.002386.

- A potential bullish flag pattern suggests continuation above $0.002385, with key resistance at $0.002422 and $0.002432.

Summary
• Price tested key support at $0.002352 and rebounded with bullish reversal patterns.
• Momentum improved in late hours, with RSI exiting oversold territory.
• Bollinger Band contraction early morning preceded a breakout to the upside.
• Turnover increased sharply post-12:00 ET, aligning with higher highs.
• Volume surged 45% above average during the 02:00–04:00 ET window, signaling strong participation.

Nervos Network/Tether (CKBUSDT) opened at $0.002375 on 2025-12-21 at 12:00 ET, hitting a low of $0.002352 and a high of $0.002432, closing at $0.002419 on 2025-12-22 at 12:00 ET. Total 24-hour volume was 193,874,532.6, with notional turnover of $469,736.48.

Structure and Key Levels


Price found strong support at $0.002352, with a bullish reversal candle forming on 2025-12-21 at 23:15 ET.
Resistance emerged at $0.002384 and was later tested with success. A bearish engulfing pattern appeared at $0.002372–$0.002382, indicating internal consolidation before a rally.

Volatility and Momentum


Bollinger Bands showed a tight contraction early in the morning before a breakout to the upside. RSI fell into oversold territory at $0.002352 but showed a strong rebound, suggesting a potential shift in sentiment. MACD turned positive late in the session, confirming the upward move.

Volume and Turnover


Volume spiked significantly between 02:00–04:00 ET, coinciding with a rally from $0.002368 to $0.002392. Turnover increased in tandem with price action, confirming the rally rather than signaling divergence. A large volume bar at $0.002392 suggested accumulation or distribution.

Pattern and Fibonacci Relevance


A potential bullish flag pattern formed between $0.002368 and $0.002385, with the break above $0.002385 suggesting a continuation of the upward trend. Fibonacci retracement levels at 38.2% and 61.8% aligned with key resistance levels, with the 61.8% level at $0.002386 acting as a short-term target.

The market appears to have shifted to a higher probability bullish setup, with momentum and volume confirming the move. Traders should watch for a test of $0.002422 and $0.002432 as potential short-term ceilings. However, a pullback to retest $0.002384 could offer a more favorable entry point. Risks remain on the downside if $0.002372 is breached without strong volume, which could indicate a reversal.