AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
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.

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.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.26 2025

Dec.26 2025

Dec.26 2025

Dec.26 2025

Dec.26 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet