Market Overview: Prom/Tether (PROMUSDT) on 2025-12-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 18, 2025 10:28 pm ET1min read
PROM
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Aime RobotAime Summary

- Prom/Tether (PROMUSDT) dropped sharply to 8.135, forming bearish engulfing patterns with a long lower shadow at 8.894.

- RSI hit oversold 25 in the 8.000–8.135 range while MACD showed bearish crossover, confirming downward momentum.

- Volume spiked during 8.12–8.23 rebound but failed to push price above 8.500, with 20-period MA remaining bearish.

- Key support at 8.000 and 7.800–7.900 levels identified, with 8.600–8.990 resistance likely to remain dominant.

Summary
• Price fell sharply from 8.999 to 8.135, forming bearish engulfing patterns.
• RSI oversold near 25, MACD bearish with bearish crossover.
• Volume surged during 8.12–8.23 rebound, but price remains below 20-period MA.

Prom/Tether (PROMUSDT) opened at 8.974 on 2025-12-17 at 12:00 ET, peaked at 9.013, and dropped to a 24-hour low of 8.000 before closing at 8.045 at 12:00 ET. Total volume was 73,287.89, with notional turnover reaching ~$685,417.

Structure & Formations


The price action shows a strong bearish bias, with a sharp decline from 9.000 to 8.135 and a bearish engulfing pattern forming around the 8.990–8.950 level. A long lower shadow and small body at 8.894–8.894 (doji-like) signaled indecision. Support levels emerged at 8.500 and 8.000, while key resistance remains at 8.990 and 9.013.

Volatility and Moving Averages


Bollinger Bands showed a notable expansion during the sell-off from 8.950 to 8.681, with price briefly touching the lower band before a minor rebound. The 20-period moving average (5-min) remained below price for most of the day, indicating bearish momentum.
The 50-period MA also acted as a resistance during the 8.519–8.662 rally.

Volume and Momentum


Volume surged during the 8.12–8.23 rebound, but failed to push price above the 8.500–8.600 range. RSI hit 25 in the 8.000–8.135 range, indicating oversold conditions, though a sustained bounce requires confirmation above 8.500. MACD turned negative with a bearish crossover, suggesting continued downward pressure.

Price Behavior and Fibonacci Levels


Price retraced 61.8% of the 8.990–8.135 move to 8.462 before a partial recovery. A 38.2% retracement at 8.560 may offer short-term support, but a break below 8.000 could push toward 7.800–7.900 on Fibonacci projections.

Prom/Tether may remain volatile in the next 24 hours as buyers test the 8.000–8.500 range. A close above 8.600 could signal a short-term rebound, but bearish momentum remains strong without a sustained volume-driven rally.