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Summary
• Raydium/Tether (RAYUSDT) traded in a range between $0.915 and $0.955, with key resistance at $0.936 and support at $0.925.
• A strong bearish engulfing pattern formed during the early ET session, followed by a bullish reversal near the 24-hour low.
• Volume spiked during the 00:30–00:45 ET session, coinciding with a sharp price move above $0.945.
• RSI entered oversold territory near $0.922 and later rebounded into neutral range, suggesting short-term stabilization.
• Bollinger Bands widened significantly after 00:30 ET, indicating increased volatility and potential for continuation or reversal.
Raydium/Tether (RAYUSDT) opened at $0.935 on 2025-12-28 12:00 ET, reached a high of $0.955, a low of $0.915, and closed at $0.927 on 2025-12-29 12:00 ET. Total volume amounted to 749,336.0 and turnover stood at $688,567.7083 over the 24-hour window.
Structure and Price Action
Price action showed a bearish breakdown from the $0.936–0.945 range early in the session, with a bullish reversal emerging after hitting the 24-hour low near $0.915. A key support level at $0.925 held during the late ET hours, while resistance was retested near $0.936 and $0.945. A bearish engulfing pattern appeared during the 18:30–19:00 ET session, signaling potential short-term weakness.
Momentum and Volatility

Volume and Turnover
Volume surged during the 00:30–00:45 ET session as price pushed above $0.945, with over 64,776.0 traded. Notional turnover also spiked during that period, aligning with price action. A divergence appeared in the late ET hours where price rose but volume waned, suggesting possible weakening momentum. The 24-hour volume was well distributed, with no single candle driving the majority of turnover.
Fibonacci Retracements
On the 5-minute chart, price pulled back to the 61.8% Fibonacci level after a sharp rally, indicating strong internal resistance at $0.945. Daily retracement levels showed a possible support at $0.925 (38.2%) and a key resistance at $0.936 (61.8%). These levels may influence near-term direction if approached again.
Looking ahead, Raydium/Tether may test the $0.925 support and $0.936 resistance levels over the next 24 hours, with potential for a breakout or consolidation. Investors should remain cautious about divergence in the late session and watch for any break above $0.945 as a bullish signal.
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