Summary
• Price dipped from 0.0560 to 0.0545 on 24-hour 5-minute data, forming bearish consolidation.
• Volume spiked near 334,411.8 and 63,913.7, confirming key price levels.
• RSI shows oversold conditions, suggesting potential near-term reversal.
• Bollinger Bands indicate moderate volatility, with price near lower band.
• Fibonacci retracement of 0.0555–0.0545 level appears to cap short-term decline.
Across Protocol/Tether (ACXUSDT) opened at 0.0553 on 2025-12-13 12:00 ET, reached a high of 0.0561, fell to a low of 0.0539, and closed at 0.0540 by 12:00 ET on 2025-12-14. Total volume was 2,134,630.4 with turnover of 115.31.
Structure & Formations
Price action displayed a key bearish breakout above 0.0555 followed by a retest that failed to close above the level. A potential support zone formed around 0.0544–0.0546, with a doji appearing near 0.0545 indicating indecision. The 0.0555–0.0558 range acted as initial resistance, with a failed bullish attempt seen in early ET hours.
Moving Averages
On the 5-minute chart, the 20-period SMA dipped below the 50-period SMA, reinforcing bearish bias. Daily moving averages show a mixed signal, with the 50-period SMA holding above 0.0554 but the 200-period SMA acting as a soft floor.
Momentum Indicators
The 12/26 MACD crossed below the signal line late in the session, confirming bearish momentum. RSI hit 31 by 14:45 ET, signaling potential oversold conditions. This may support a short-term rebound toward 0.0547–0.0549, though a sustained break of 0.0540 could deepen bearish sentiment.
Volatility and Bollinger Bands
Volatility remained moderate, with Bollinger Bands widening slightly in the early ET hours. Price spent much of the session near the lower band, suggesting oversold conditions. No significant contractions were observed, keeping the risk of a bounce elevated.
Fibonacci Retracements
Fibonacci levels applied to the 0.0539–0.0561 move highlight a potential near-term support at 0.0549 (38.2%) and 0.0546 (61.8%). Price is currently consolidating around the 61.8% level, which could offer a short-term floor for the next 24 hours.
ACXUSDT may see a near-term rebound if bulls defend the 0.0544–0.0546 range.
However, a break below 0.0540 could trigger further downward momentum. Investors should remain cautious for potential divergence between price and momentum indicators in the next 24 hours.
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