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Summary
• Price broke above key resistance at $0.0775 and tested $0.0825 in 24 hours.
• Strong bullish momentum confirmed by MACD and RSI divergence.
• Volume surged over 900k at peak, validating the breakout.
• Bollinger Bands widened, showing increased volatility.
• Price failed to hold above $0.081, suggesting possible consolidation ahead.
Powerledger/Tether (POWRUSDT) opened at $0.0766 on 2025-12-21 12:00 ET, reached a high of $0.0855, and closed at $0.0820 at 12:00 ET on 2025-12-22. Total volume was 10.5 million tokens, and notional turnover exceeded $840,000 over 24 hours.
Structure & Key Levels
Price broke through a key resistance at $0.0775, followed by a sharp rally that reached $0.0829. A strong bearish reversal pattern emerged after a bullish engulfing pattern around $0.0825.

Technical Indicators
MACD showed a bullish crossover with a strong positive divergence forming as price made higher highs and momentum accelerated. RSI reached overbought territory near $0.0855 but failed to sustain the move, suggesting potential exhaustion. Bollinger Bands expanded significantly during the breakout, indicating a period of increased volatility.
Volume & Turnover
Volume spiked sharply near $0.0776 and again at $0.0823, confirming the breakout and pullback. Notional turnover mirrored volume behavior, with the largest spike near $0.0823 where 446k tokens traded for ~$375,000. A divergence between price and turnover during the last 5-minute candle may indicate reduced conviction in the current bullish phase.
Fibonacci Retracements
On the 5-minute chart, the $0.0775 level coincided with the 50% Fibonacci retracement of the prior bearish move. A key 61.8% retracement level at $0.0806 appears to act as a short-term support, aligning with recent consolidation.
Powerledger/Tether may test the $0.0806–$0.0809 range in the next 24 hours as buyers look for entry. Traders should remain cautious as volatility and volume suggest potential for both continuation or reversal, depending on how the support level holds.
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