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Summary
• Price declined from 0.2115 to 0.2075 on high volume, suggesting bearish momentum.
• A bearish engulfing pattern formed at the 24-hour high, indicating a potential reversal.
• Volatility expanded after 00:00 ET, with price moving between 0.1993 and 0.2107.
• RSI dipped into oversold territory briefly before rebounding, showing mixed momentum.
• Key support appears near 0.2005–0.2012, with resistance at 0.2062–0.2075.
RedStone/Tether (REDUSDT) opened at 0.2108 on 2025-12-18 at 12:00 ET and traded as high as 0.2115, as low as 0.1993, closing at 0.2075 by 12:00 ET on 2025-12-19. Total volume was 1.89 million, with turnover reaching $393,000.
Structure & Formations
The 24-hour chart shows a broad bearish bias, with price falling below key resistance at 0.2108 and forming a bearish engulfing pattern at the top. A potential support zone formed around 0.2005–0.2012, where the price tested three times with mixed follow-through.

Moving Averages
On the 5-minute chart, the 20-period MA crossed below the 50-period MA, confirming a bearish trend. The 50-period MA moved from above 0.2090 to below 0.2070 during the 24-hour window. Daily MAs (50, 100, 200) suggest a neutral to bearish bias, with price below all three as of 12:00 ET.
MACD & RSI
MACD turned bearish with a negative crossover and declining histogram, reinforcing downward momentum. RSI dipped into oversold territory below 30 twice during the 24-hour window but rebounded quickly without a strong reversal signal. This suggests price may still find buyers at lower levels.
Bollinger Bands
Volatility expanded after 00:00 ET, with the bands widening to a range of ~0.0114. Price traded near the lower band for most of the night but retested the upper band at 0.2107 with limited follow-through. The middle band now sits at 0.2072, close to the closing price.
Volume & Turnover
Volume spiked sharply at 00:15 ET (1.8M) as price fell from 0.2118 to 0.1995. The volume was confirmed by turnover, which also peaked at that time. However, the price failed to maintain the lower levels, suggesting buying interest may be returning. A divergence between volume and price action emerged in the last 4 hours, as volume waned despite price testing resistance.
Fibonacci Retracements
The 5-minute chart swing from 0.2115 to 0.1993 defined a key correction. Price retraced 61.8% to 0.2047, where it found resistance. A 50% retracement at 0.2054 acted as a psychological level, and the price held above it in the final hours. On the daily chart, the 38.2% retracement of the broader bearish leg appears to be around 0.2065–0.2075, where the 50-period MA is currently sitting.
In the next 24 hours, price could test the 0.2012 support level or attempt a counter-trend rally toward 0.2062. Investors should monitor volume and RSI for signs of exhaustion or strength. Risk remains to the downside if support at 0.2005–0.2012 is breached without a bullish reversal pattern.
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