Market Overview for REI Network/Tether (REIUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Sunday, Dec 7, 2025 9:03 pm ET1min read
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- REIUSDT fell 0.00653→0.00616 in 24h, consolidating near 0.00609–0.00614 support.

- RSI<30 and bearish MACD contraction confirm weakening momentum amid strong volume.

- Price inside Bollinger Bands with key Fibonacci levels at 0.00609 (61.8%) and 0.00623 (38.2%).

- Bearish engulfing patterns and moving averages below price reinforce downward bias.

- Break below 0.00609 targets 0.00603; breakout above 0.00623 could reverse bearish trend.

Summary
• Price declined from 0.00653 to 0.00616 over 24 hours with key support around 0.00609–0.00614.
• Momentum weakened on RSI and MACD, suggesting bearish continuation potential.
• Volatility expanded in early session before consolidating near lower Bollinger Band.
• Volume increased significantly during the downtrend, confirming bearish pressure.
• Fibonacci levels at 0.00609 and 0.00623 appear relevant for near-term direction.

REI Network/Tether (REIUSDT) opened at 0.00653 on 2025-12-06 12:00 ET and closed at 0.00616 by 2025-12-07 12:00 ET, with a high of 0.00665 and low of 0.006. Total volume traded over the 24-hour period was approximately 109,257,470.8 units, with notional turnover (volume × price) reaching $658,582. The asset appears to be consolidating at lower levels after a strong bearish move.

Structure & Formations


The price action displayed several bearish continuation patterns, including hanging man and bearish engulfing formations during the early hours of the session. Key support levels emerged around 0.00609–0.00614, with 0.00623 as the first major resistance above the current consolidation range. A bearish breakdown from the 0.00640–0.00652 range confirmed the shift in sentiment.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages were both below the price, reinforcing the bearish bias. The daily chart showed the 50/100/200-period moving averages in a downward alignment, with price well below the 50-period line, indicating a stronger bearish signal.

MACD & RSI


The RSI dropped below 30 in the later hours, suggesting oversold conditions, but no immediate reversal was observed. The MACD histogram remained negative and showed a gradual contraction in bearish momentum, implying that the current downtrend may pause or consolidate before resuming.

Bollinger Bands


The price spent most of the session inside the Bollinger Bands, with volatility contracting around 0.00611–0.00615. This consolidation suggests traders are waiting for a potential breakout or reversal before committing.

Volume & Turnover


Trading volume increased sharply during the bearish breakdown and remained elevated through the consolidation phase. Notional turnover aligned with volume, indicating strong conviction in the downward move. Divergence between volume and price was not observed during the session.

Fibonacci Retracements


Applying Fibonacci levels to the 0.00611–0.00665 move, the 61.8% retracement level (~0.00629) and 38.2% retracement (~0.00640) appear relevant for potential support or consolidation. A break below 0.00609 could target the next Fibonacci level at ~0.00603.

The asset may remain in a cautious bearish phase ahead, with short-term support near 0.00609–0.00614. However, increased volatility or a breakout above 0.00623 could indicate a shift in market sentiment. Investors should remain alert to volume dynamics and key Fibonacci levels over the next 24 hours.