Market Overview for Optimism/Tether (OPUSDT) – 24-Hour Summary (2025-12-26)

Friday, Dec 26, 2025 7:10 pm ET1min read
Aime RobotAime Summary

- OPUSDT formed bearish engulfing patterns, hitting a 24-hour low of $0.2509 amid mixed volume signals.

- 23:45 ET saw a 827K OPTIMISM volume spike, but price failed to sustain above $0.26 despite heightened volatility.

- RSI entered oversold territory near 30 while Bollinger Bands widened, suggesting potential short-term exhaustion in the downtrend.

- Key support at $0.2525 and 61.8% Fibonacci level at $0.2575 remain critical for near-term direction confirmation.

Summary
• Price formed bearish engulfing patterns and hit a 24-hour low of $0.2509 at market close.
• Volume spiked during the 23:45 ET session but failed to confirm a strong directional move.
• RSI entered oversold territory near 30, suggesting potential near-term exhaustion in the downward move.
• Bollinger Bands showed increased width, indicating rising volatility in the final hours of the session.

Market Overview


Optimism/Tether (OPUSDT) opened at $0.2629 on 2025-12-25 12:00 ET, reached a high of $0.2637, touched a low of $0.2509, and closed at $0.2522 by 2025-12-26 12:00 ET. The 24-hour volume totaled 5.39 million OPTIMISM, with a notional turnover of $1.46 million, indicating elevated trading interest.

Structure and Patterns


The 24-hour chart for OPUSDT displayed a distinct bearish trend, especially during the late ET hours. A notable bearish engulfing pattern emerged at $0.2626 (21:00–21:15 ET), followed by a long bearish candle at 23:45 ET which closed at $0.2525—just above the session’s 24-hour low. This pattern, combined with a long lower wick during the early morning hours, suggests short-term bearish momentum may be losing steam as price nears support.

Momentum and Indicators


The RSI indicator for the 5-minute chart dipped below 30 during the final two hours, signaling potential oversold conditions. MACD crossed below the signal line earlier in the session but remained flat in the last hour, hinting at momentum fatigue. This could foreshadow a short-term rebound, though confirmation is needed on higher timeframes.

Volatility and Volume


Volatility, as measured by the Bollinger Bands, expanded during the late ET session, particularly from 22:00 to 00:00 ET. This aligns with a sharp increase in volume—especially during the 23:45 ET bar, where 827K OPTIMISM was traded. However, price failed to hold above the 0.26 level, indicating mixed conviction. The volume-to-turnover ratio also shows that large volume wasn’t always matched with large dollar value, hinting at potential retail participation.

Key Levels and Fibonacci

The 50-period moving average on the 5-minute chart acted as a key resistance line during the initial hours, before giving way to a steeper descent. On the daily chart, the 200-period moving average appears to offer a key psychological level near $0.2525. Fibonacci retracement levels from the recent high of $0.2637 show the 61.8% level at $0.2575, which is now in bearish territory but could serve as a near-term pivot.

The market appears to be testing a key support zone and may see consolidation or a bounce in the short term. Traders should watch for a potential test of the $0.2522 level and whether bullish momentum can reemerge. Caution is advised due to high volatility and mixed volume signals.