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Summary
• Price formed key support near 0.00534 and tested resistance above 0.00565 during the session.
• A bullish engulfing pattern appeared near 0.00541–0.00552, suggesting potential reversal.
• Volume surged during the late AM ET push, but turnover failed to confirm the strength.
• RSI dipped into oversold territory near 0.00534 before a rebound.
• Bollinger Band expansion indicated rising volatility ahead of 12:00 ET close.
REI Network/Tether (REIUSDT) opened at 0.00567 on 2025-12-10 at 12:00 ET and closed at 0.00554 on 2025-12-11 at 12:00 ET, with a high of 0.00633 and a low of 0.00520. Total 24-hour volume was approximately 134.5 million REI, and notional turnover reached around $725,000.
The price structure showed a strong support level forming near 0.00534–0.00536, where the price found a floor multiple times during the overnight session. A bullish engulfing pattern developed after the price broke the 0.00541–0.00552 range, which may indicate short-term buying interest. Additionally, a bearish divergence in price and volume occurred near the session high at 0.00633, suggesting potential weakness ahead.
On the 5-minute chart, the 20-period MA (0.00545) crossed above the 50-period MA (0.00543) early in the session, indicating short-term bullish momentum. The daily MA structure suggested a possible retest of the 50-day MA near 0.00547, which may serve as a pivot point for the next 24 hours.
The MACD turned positive around 0.00546–0.00552, signaling strengthening bullish momentum, but the RSI moved into overbought territory near 0.00558 before pulling back. A dip into oversold territory near 0.00534 followed by a sharp rebound suggests potential short-term volatility and a retest of recent lows.
Bollinger Band expansion became evident after 09:00 ET, indicating increased volatility. The price moved near the upper band at 0.00558–0.00565 but failed to sustain the breakout. The current closing price (0.00554) resides just above the 20-period band midpoint, suggesting a neutral bias with potential for consolidation.
Notable volume spikes occurred during the AM ET rally and at the session high near 0.00633. However, notional turnover (especially near 0.00565) failed to confirm the strength of the move, indicating possible price manipulation or shallow liquidity. A divergence between volume and price suggests caution ahead of further rallies.
The key 5-minute Fibonacci retracement levels are now at 0.00559 (38.2%) and 0.00547 (61.8%). The price currently appears to be consolidating near the 61.8% level, which could act as either support or resistance depending on next 24-hour sentiment.
The

Over the next 24 hours, a breakout above 0.00565 could trigger a test of the 0.00578–0.00586 resistance cluster, while a retest of 0.00534–0.00536 may offer an entry opportunity for cautious buyers.
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