Market Overview for Resolv/Tether (RESOLVUSDT)

Summary
• Price consolidated between $0.0711 and $0.0799, with a breakdown below key support at $0.0736.
• RSI and MACD signaled bearish momentum, with volume spiking during the late afternoon sell-off.
• A 16:00 ET bounce into $0.0701 showed buying interest but failed to sustain above $0.071.
• Bollinger Bands reflected a widening price range as volatility increased, pushing price near the lower band.
• Volume and turnover aligned during the decline, confirming bearish sentiment in the 24-hour period.

Resolv/Tether (RESOLVUSDT) opened at $0.0778 on 2025-12-15 at 12:00 ET, hit a high of $0.0799, and closed at $0.0715 on 2025-12-16 at 12:00 ET with a low of $0.0688. Total volume was 51.9 million, and notional turnover reached approximately $3.7 million. The pair saw a sharp breakdown in late trading, signaling bearish continuation.

Structure & Formations

Price formed a bearish engulfing pattern on the 5-minute chart at $0.0736 during the afternoon, followed by a breakdown and a series of lower lows. A key resistance at $0.0745 failed to hold, exposing the next support at $0.0721. A potential double-bottom formation emerged near $0.0708, hinting at a potential short-term bounce.

MACD & RSI

The MACD crossed below the signal line, reinforcing the bearish bias as the RSI dipped to 30, indicating oversold conditions. However,

the RSI failed to show a convincing rebound, suggesting the bearish trend could persist.

Bollinger Bands

Volatility expanded during the afternoon sell-off, pushing price near the lower Bollinger Band. The widening of the bands suggests increasing uncertainty in the market, with price likely to remain near the lower band for at least the next 24 hours unless a strong reversal occurs.

Volume & Turnover

Volume surged during the breakdown below $0.0736, confirming the bearish move. Turnover increased in tandem with volume, suggesting coordinated selling pressure. A divergence between volume and price is not evident, supporting the strength of the bearish narrative.

Fibonacci Retracements

Key Fibonacci levels on the recent 5-minute move show $0.0715 as the 61.8% retracement level, which has so far held as a minor support. On the daily chart, the 50% retracement at $0.0745 acted as a failed resistance.

Looking ahead, the next 24 hours could test the $0.0705–$0.0708 support area. A break below $0.0705 may invite further downward momentum. Investors should remain cautious as liquidity remains low and volatility remains high.