Market Overview for Pixel/Tether on 2025-12-29

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Dec 29, 2025 4:07 am ET1min read
PIXEL
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Aime RobotAime Summary

- Pixel/Tether (PIXELUSDT) tested 0.00815 resistance but consolidated near 0.00810 by 2025-12-29.

- Early volume surged then declined, signaling waning buying momentum despite bullish engulfing patterns.

- RSI above 50 and MACD crossover hinted at short-term bullish bias, though overbought territory remained untested.

- Bollinger Bands contraction and 20-period MA support at 0.00809-0.00810 suggested potential range-bound consolidation.

- 61.8% Fibonacci level at 0.00812 became key consolidation zone ahead of potential 38.2% resistance test.

Summary
• Price tested key resistance at 0.00815 before consolidating near 0.0081.
• Volume surged in early hours but declined, suggesting exhaustion.
• RSI hovered near midline; MACD signal line crossed up, hinting at mild bullish momentum.
• Bollinger Bands showed slight contraction toward midday, indicating potential range-bound behavior.
• 20-period MA on 5-min chart provided support near 0.00809–0.00810.

Market Overview

Pixels/Tether (PIXELUSDT) opened at 0.00802, reached a high of 0.00821, and closed at 0.00810 by 12:00 ET on 2025-12-29. Total volume was 15.5 million, and turnover amounted to $121,995.58 over the 24-hour period.

Price Action and Support/Resistance


The 5-minute chart showed a strong attempt to break through 0.00815, which failed, creating a bearish rejection pattern. A bullish engulfing pattern formed around 02:15–02:30 ET, supporting the 0.00812–0.00815 range as a key battleground. On the daily chart, the 50-period MA appears to offer near-term support, while the 200-period MA remains distant, indicating a neutral-to-bullish short-term bias.

Momentum and Indicators


RSI moved above 50 in the early morning hours, suggesting a shift in momentum. MACD crossed above its signal line during the 04:00–05:00 ET window, reinforcing potential upward movement. However, RSI has not entered overbought territory, suggesting caution.

Bollinger Bands tightened in the midday hours, signaling lower volatility and a potential consolidation phase. Price remained well above the 20-period MA on the 5-minute chart, suggesting a possible continuation of the short-term bullish bias.

Volume and Turnover


Volume spiked in the early morning hours, particularly between 03:00 and 04:00 ET, but declined sharply after 06:00 ET. Turnover mirrored volume behavior, with a peak of ~$6,140 at 01:45 ET. Price and turnover were aligned in the early part of the session, but divergences began to emerge in the afternoon, suggesting possible exhaustion in the buying wave.

Fibonacci Retracements


Fibonacci levels drawn from the recent swing high (0.00821) to low (0.00808) placed the 61.8% level at ~0.00812 and the 38.2% at ~0.00816. Price spent most of the day near the 61.8% level, consolidating before a potential test of the 38.2% resistance in the next 24 hours.

While a breakout above 0.00815 could signal renewed bullish intent, traders should remain cautious of the lack of follow-through volume and potential consolidation. A retest of 0.00808 could offer a buying opportunity, but risks of a pullback remain in a choppy environment.