Market Overview for Across Protocol/Tether (ACXUSDT)

Summary
• Price tested 0.0560–0.0565 range with consolidation bias.
• Volume surged after 02:00 ET but price drifted lower.
• Bearish momentum in RSI and MACD with no clear reversal signs.
• Bollinger Bands tightened mid-day suggesting potential break.
• Key support at 0.0558 may be tested in next 24 hours.

Across Protocol/Tether (ACXUSDT) opened at 0.0585 on 2025-12-09 at 12:00 ET, reached a high of 0.0588, a low of 0.0556, and closed at 0.0559 on 2025-12-10 at 12:00 ET. The total 24-hour volume was 2,259,565.0 and turnover amounted to 128.08.

Price Action and Key Levels

The 24-hour candlestick chart shows a steady descent from 0.0585 to 0.0559, with a bearish bias forming below the key 0.0565–0.0570 resistance zone. A bearish engulfing pattern formed around 02:30 ET, confirming downward momentum. The 0.0558 level appears as strong support, tested multiple times during the session, most recently at 11:45 ET.

Moving Averages and Momentum Indicators

On the 5-minute chart, the 20SMA and 50SMA remained above price for most of the session, reinforcing bearish sentiment.

The MACD crossed below the zero line, with a bearish histogram showing increasing downward momentum. The RSI trended below 30 by the close, indicating oversold conditions but lacking a bullish reversal confirmation.

Volatility and Bollinger Bands

Bollinger Bands exhibited a tightening phase around 05:00–06:00 ET, suggesting a potential breakout. However, price broke to the downside rather than up, confirming bearish volatility. Price has remained below the lower band since 09:00 ET, signaling heightened volatility and a continuation of the downtrend.

Volume and Turnover Divergence

Volume spiked sharply between 02:00 and 04:00 ET, coinciding with a sharp price decline to 0.0561. However, subsequent price action showed diminishing volume, indicating potential exhaustion in the bearish move. Turnover increased moderately in the final hours, but failed to drive price above key resistance levels.

Fibonacci Retracements and Projection Zones

From the 0.0588 high to the 0.0556 low, the 38.2% retracement level is at 0.0570, and the 61.8% level is at 0.0564. Price has been consolidating near 0.0561–0.0563, just above the 61.8% level. A break below 0.0558 could target 0.0553, aligning with the 78.6% extension. In the next 24 hours, a test of the 0.0558 support may occur, and a break below could trigger further declines. Investors should watch for a potential bullish reversal if price stabilizes and closes above 0.0563, though downside risks remain until bearish momentum subsides.