Market Overview for Pax Dollar/Tether (USDPUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Tuesday, Dec 9, 2025 7:42 am ET1min read
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Aime RobotAime Summary

- Price traded narrowly (0.9972–0.9996), breaking below 0.999 after 07:00 ET with a large bearish candle.

- Surging volume and bearish technical indicators (RSI<40, negative MACD) confirmed downward momentum.

- Bollinger Bands expanded post-breakout, while Fibonacci levels suggest potential target at 0.9985 if 0.9984 fails.

- Market remains bearish with key support at 0.9990 broken; investors should monitor volume/momentum divergence for reversal signals.

Summary
• Price traded in a narrow range (0.9972–0.9996) with a late break below 0.999.
• A large bearish 5-minute candle at 07:00 ET confirmed downward momentum.
• Volume surged during the decline, confirming bearish bias.
• RSI and MACD showed weakening bullish momentum.
• Bollinger Bands showed low volatility pre-07:00, followed by sharp expansion.

Pax Dollar/Tether (USDPUSDT) opened at 0.9995 on 2025-12-08 12:00 ET and traded as high as 0.9996 before closing at 0.9990 at 2025-12-09 12:00 ET, with a low of 0.9972. Total volume reached 3,198,914.0 and notional turnover was 3,192,738.0.

Structure & Formations


Price spent much of the session within a narrow 0.9991–0.9995 range, with a significant bearish breakout occurring after 07:00 ET. A large 5-minute candle at 07:00 ET gapped down from 0.9996 to close at 0.9989, signaling strong bearish pressure. No strong candlestick reversal patterns were observed, and no clear support or resistance levels held during the decline.

Technical Indicators


The 20-period and 50-period moving averages on the 5-minute chart remained above the price, indicating a bearish bias.
RSI showed a declining trend, dipping below 40 after 07:00 ET, suggesting weakening bullish momentum. MACD turned negative after mid-session, confirming bearish pressure. Bollinger Bands were narrow before the large decline, followed by a sharp expansion, suggesting increased volatility.

Volume and Turnover


Trading volume surged sharply after 07:00 ET, particularly during the large bearish candle, indicating strong conviction in the move lower. Notional turnover also spiked during this period, aligning with the price action. No clear divergence between price and volume was observed, as both confirmed the bearish trend.

Fibonacci Retracements


Applying Fibonacci levels to the 5-minute move from 0.9996 to 0.9972, the 61.8% retracement level is at approximately 0.9985. Price is currently testing the 50% retracement level at 0.9984, suggesting potential for further downside if this level fails.

The market appears to be in a bearish phase with a break of key support at 0.9990. If this trend continues, the next target may be the 61.8% retracement level at 0.9985. However, a retest of key resistance above 0.9990 could signal a reversal, particularly if volume and momentum diverge. Investors should remain cautious and watch for any signs of a bounce or renewed bearish continuation.