Market Overview for Pendle/Bitcoin on 2025-12-19

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 19, 2025 7:44 pm ET1min read
BTC
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Aime RobotAime Summary

- Pendle/Bitcoin (PENDLEBTC) dropped to 2.019e-05, breaking key support at 2.02e-05 with bearish volume confirmation.

- RSI and MACD show strong bearish momentum, while Bollinger Bands indicate price near the lower band.

- Fibonacci retracements confirm oversold conditions, with 2.02e-05 as critical short-term support for further downside risks.

Summary
• Price fell from 2.172e-05 to 2.019e-05, breaking key support levels with bearish volume confirmation.
• RSI and MACD both show strong bearish momentum with no immediate signs of a bounce.
• Volatility expanded significantly after a period of consolidation, suggesting increased uncertainty.
• 2.02e-05 and 2.04e-05 levels appear as potential short-term support and resistance respectively.
• Bollinger Bands show price near the lower band, indicating potential for a rebound or continued bearish drift.

Pendle/Bitcoin (PENDLEBTC) opened at 2.172e-05 on 2025-12-18 at 12:00 ET, reached a high of 2.172e-05, dipped to a low of 2.013e-05, and closed at 2.019e-05 on 2025-12-19 at 12:00 ET. Total 24-hour volume was 29,434.7, and turnover was approximately 5.99 BTC.

Structure & Formations


The price has experienced a sharp decline, forming a bearish trend characterized by lower highs and lower lows. A key support level at 2.02e-05 appears to be under pressure, with a potential short-term resistance at 2.04e-05. The candlestick pattern near the 2.02e-05 level shows signs of hesitation, suggesting potential for either a bounce or further decline.

Moving Averages


On the 5-minute chart, the price has closed below both the 20-period and 50-period moving averages, indicating a bearish bias. On the daily chart, the price remains below the 50-, 100-, and 200-period moving averages, reinforcing the downtrend.

MACD & RSI


The MACD has been negative throughout the 24-hour period with bearish momentum, suggesting continued selling pressure. The RSI is currently in oversold territory, which could indicate a short-term bounce, but bearish momentum remains strong.

Bollinger Bands


Volatility increased sharply after a period of consolidation. The price is now near the lower Bollinger Band, which may suggest either a potential rebound or further downward movement. A sustained close above the middle band would signal a potential recovery.

Volume & Turnover


Volume increased significantly during the price decline, particularly between 20:00 and 04:00 ET, confirming the bearish move. Turnover also spiked during these periods, showing strong conviction in the downward movement. Divergence between price and turnover is not observed, suggesting alignment in the trend.

Fibonacci Retracements


On the 5-minute chart, the price has fallen through the 61.8% Fibonacci retracement level of the recent bullish swing, suggesting exhaustion of the counter-trend rally.
. For the daily chart, the 61.8% retracement of the broader move sits near 2.01e-05, which may offer some near-term support.

The market appears to be in a clear bearish phase with strong momentum. While RSI suggests the possibility of a short-term bounce, the overall bias remains downward. Investors should closely monitor the 2.02e-05 level, as a break below could trigger further losses.