Summary
• Price declined sharply in 5-minute candles, breaking below key support at $0.1050.
• High volume and turnover confirmed the downtrend, with no reversal patterns observed.
• RSI and MACD signaled weakening momentum, with RSI nearing oversold levels.
24-Hour Snapshot
POL/Tether (POLUSDT) opened at $0.1059 on 2025-12-25 at 12:00 ET, reached a high of $0.1061, and fell to a low of $0.1025 before closing at $0.1028 at 12:00 ET on 2025-12-26. Total 24-hour volume was 5,472,704.4 units, with a notional turnover of $592,388.53.
Structure and Candlestick Formations
The 5-minute chart revealed a bearish breakdown from key resistance around $0.1055, with a long bearish candle on 2025-12-25 at 23:00 ET signaling exhaustion near $0.1039. Subsequent candles formed a descending triangle and tested the $0.1030 level. A large bearish engulfing pattern appeared at $0.1050–$0.1049, suggesting a strong short-term bias.
Moving Averages and Fibonacci Levels
On the 5-minute chart, price broke below the 20SMA and 50SMA, indicating bearish momentum. Daily averages (50DMA, 100DMA, 200DMA) suggest a wider consolidation phase. Fibonacci levels from the key $0.1061–$0.1025 swing show 61.8% at $0.1033 being tested, with support likely forming near $0.1030.
Momentum and Volatility
MACD turned bearish with a bearish crossover and declining histogram, while RSI dropped into the 30–35 range, nearing oversold territory. Volatility expanded significantly during the sharp drop, with Bollinger Bands widening. Price closed near the lower band, suggesting potential for a rebound or a test of the next Fibonacci level.
Volume and Turnover
Volume spiked significantly on the 5-minute chart during the breakdown at $0.1050–$0.1049, with the most active candle at 23:00 ET carrying 1,984,542.7 units. Turnover also spiked during this hour, confirming the bearish move. No divergences were observed, indicating price and volume aligned on the downtrend.
POLUSDT may find temporary support near $0.1030–$0.1029 over the next 24 hours, but risks further consolidation if the $0.1030 level fails. Investors should watch for a potential bounce or renewed bearish momentum with a break below this level.
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