Market Overview for Across Protocol/Tether (ACXUSDT) on 2025-12-21

Sunday, Dec 21, 2025 11:51 pm ET1min read
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- ACXUSDT tested $0.0508–0.0511 resistance but retreated to $0.0490 after a bearish engulfing pattern confirmed breakdown.

- Volatility spiked as price dropped 2% below $0.0488, with RSI entering oversold territory and volume surging past $200,000.

- Key Fibonacci levels at $0.0493 and $0.0485 suggest potential support, but bearish momentum persists below 50 SMA at $0.0500.

- A rebound from $0.0488 could trigger short-term bounce, though a break below $0.0480 risks accelerating the downtrend.

Summary
• Price tested key resistance at $0.0508–0.0511 before retreating toward $0.049.
• A bearish engulfing pattern formed after a failed breakout above $0.0508.
• Volatility expanded sharply after 03:00 ET as price dropped nearly 2%.
• RSI signaled overbought conditions prior to a steep correction, then entered oversold territory.
• Turnover surged past $200,000 at the lows, suggesting accumulation near $0.0488–0.0490.

Across Protocol/Tether (ACXUSDT) opened at $0.0503 on 2025-12-20 at 12:00 ET, reached a high of $0.0513, and fell to a low of $0.0483 before closing at $0.0490 at 12:00 ET on 2025-12-21. Total volume reached 1,225,087.1 and turnover was $59,823.

Structure & Formations


Price formed a bearish engulfing candle at $0.0508–0.0506, confirming a breakdown of a 24-hour high. The $0.0490–0.0493 zone appears to act as a short-term floor, with Fibonacci 38.2% retracement of the previous uptrend at $0.0493.

Moving Averages


On the 5-minute chart, price closed below the 20- and 50-period moving averages, reinforcing bearish bias. On a daily basis, the 50 SMA at $0.0500 appears to be a pivotal level, with the 200 SMA offering deeper support near $0.0485.

MACD & RSI


The MACD turned negative and remained bearish, confirming the breakdown. RSI dropped sharply into oversold territory, indicating possible support consolidation near $0.0488. A reversal from this level could spark a short-term bounce.

Bollinger Bands


Volatility expanded significantly during the selloff, with price breaking below the lower band at $0.0488. This contraction may signal the start of a more defined range or a continuation of the current downtrend depending on follow-through volume.

Volume & Turnover


Volume surged past $200,000 at the $0.0488–0.0490 level, suggesting accumulation. However, price failed to close above $0.0508 despite heavy volume in that region earlier in the session, highlighting a bearish divergence.

Fibonacci Retracements


The recent 5-minute high at $0.0513 and low at $0.0483 define a 24-hour swing. The 38.2% retracement at $0.0497 and 61.8% at $0.0505 may serve as key inflection points in the near term.

Price may test $0.0488 again in the next 24 hours, with a break below that level likely to accelerate the decline toward $0.0480. Investors should monitor for a potential bounce off $0.0490, but bearish momentum remains a risk until a convincing reversal is confirmed.