Market Overview for OpenLedger/Tether (OPENUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 26, 2025 3:10 am ET1min read
OPEN
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Aime RobotAime Summary

- OPENUSDT price dropped to 0.1637, breaking key support at 0.1715 amid heavy volume.

- Bearish engulfing pattern and Bollinger Band breach confirmed strong downward momentum.

- RSI hit oversold levels while MACD showed negative divergence, signaling weak reversal potential.

- Surging 5-minute turnover (peaking at $396k) reinforced bearish conviction despite waning volume.

- Price may test 0.1625 support next, with Fibonacci levels suggesting further downside risks.

Summary
• Price fell from 0.173 to 0.1637 on heavy volume, breaking key support.
• A bearish engulfing pattern formed at 0.173, confirming downward momentum.
• RSI hit oversold levels, suggesting potential for a near-term bounce.
• Volatility expanded as price broke below Bollinger Band floor.
• Turnover surged during the drop, indicating strong conviction in the move lower.

At 12:00 ET, OpenLedger/Tether (OPENUSDT) opened at 0.173, peaked at 0.173, and closed at 0.1637 after hitting a low of 0.1625. Total volume for the 24-hour period was 4,308,343.0, with a notional turnover of 705,060.3 USD.

Structure & Candlestick Patterns


Price formed a bearish engulfing candle near 0.173, confirming a breakdown in sentiment. A key support level at 0.1715 was then broken, leading to a steep decline. A doji near 0.1667 suggested momentary indecision but failed to trigger a reversal.

Volatility and Bollinger Bands



Volatility expanded sharply following the breakdown, with price breaching the lower Bollinger Band. This suggests heightened selling pressure. The width of the bands also widened as a result of the sharp decline, indicating increased market uncertainty.

Momentum and Indicators


The RSI reached oversold territory, hinting at a potential bounce, but a reversal would require strong volume confirmation. The MACD remained bearish with negative divergence. Momentum appears to be waning, but a rebound into overbought levels could be short-lived without follow-through buying.

Volume and Turnover


Volume spiked during the breakdown from 0.173 to 0.1693, with the largest single 5-minute turnover spike reaching 396,046.6 USD. Turnover and price moved in alignment during the decline, suggesting conviction. However, volume has since contracted, indicating possible exhaustion in the selling wave.

Fibonacci Retracements


On the 5-minute chart, price reached the 61.8% retracement level of the 0.173–0.1625 move, near 0.1668, before resuming lower. Daily Fibonacci levels may now come into play if the pair tests earlier support at 0.1634 again, which lies near the 23.6% retracement of the prior month’s range.

Looking ahead, price may test the 0.163–0.164 range for support, with a break below 0.1625 indicating further bearish potential. Investors should remain cautious about short-term volatility and avoid assuming oversold conditions will trigger a sustained reversal.