Market Overview for Orca/Tether (ORCAUSDT) on 2025-12-18

Summary
• ORCAUSDT formed a bullish engulfing pattern near 1.085, signaling potential reversal.
• Price tested and retested the 1.104 resistance, with mixed follow-through.
• 24-hour volume surged above 400,000, with turnover peaking near 1.129.
• RSI showed overbought levels twice, without immediate breakdowns or confirmations.
• Bollinger Bands showed a moderate expansion after the 23:15 ET candle, indicating rising volatility.

Orca/Tether (ORCAUSDT) opened at 1.072 on 2025-12-17 12:00 ET, reached a high of 1.129, a low of 1.065, and closed at 1.086 on 2025-12-18 12:00 ET. Total 24-hour volume was 425,825 and turnover was approximately $460,415.

Structure & Formations

Price formed a bullish engulfing pattern near 1.085 following a pullback, suggesting short-term buying pressure. A key resistance at 1.104 appeared twice, with the first test failing to break through. A doji near 1.107 at 03:30 ET suggested indecision, while the 04:15 ET candle showed a bearish rejection back toward 1.094.

Moving Averages

The 20-period and 50-period moving averages on the 5-minute chart were in a steep bullish crossover, reinforcing upward momentum in the late ET evening. On a daily basis, the price traded below the 200-day MA, but above both the 50 and 100-day MAs, signaling a mixed medium-term outlook.

MACD & RSI

MACD showed a bullish crossover near 0.005, coinciding with a strong rally toward 1.129. RSI peaked at 75 in the early morning hours and again at 72 after the 02:15 ET candle, both times without strong follow-through above 1.109. This may indicate overbought pressure without conviction.

Bollinger Bands

Bollinger Bands expanded sharply after a consolidation phase ending at 23:15 ET, with price reaching the upper band at 1.129. The following two hours saw a reversion to the mid-band, suggesting the expansion may not have been a breakout but a volatile retest.

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Volume & Turnover

Volume spiked to 108,973 at 00:15 ET following a sharp 4% drop from 1.109 to 1.091. The largest single candle turnover came from 22:30 to 22:45 ET with a 5949.72 volume at 1.096, confirming price resilience. A divergence appeared at 04:15 ET, where volume dropped despite a 50 basis point move higher, signaling caution.

Fibonacci Retracements

A 61.8% retracement of the 1.065–1.129 move sat at 1.097, which held briefly but failed to confirm bullish control. On a daily chart, the 50% retracement of a key prior leg down sat at 1.090, which acted as a floor for much of the day.

Looking ahead, ORCAUSDT appears to be consolidating above 1.085, with the 1.104 level a key target if buying pressure returns. However, a retest of the 1.090–1.085 range is a likely risk in the next 24 hours, particularly if volume fails to confirm strength above 1.104.