AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox


Summary
• Rune/Tether consolidates near 0.571 with bearish engulfing patterns at key levels.
• Momentum slows on RSI divergence and low 5-minute volume spikes.
• Volatility expanded mid-session, breaking below 0.574 support with heavy turnover.
• Bollinger Bands contract into a pre-breakout formation as price tests lower bounds.
Price and Volume at a Glance
Rune/Tether (RUNEUSDT) opened at 0.575 and closed at 0.570 on 2025-12-21 at 12:00 ET, after reaching a high of 0.577 and a low of 0.558. Total 24-hour volume amounted to 1,314,487.4 and notional turnover was approximately 742,824.95.
Structure & Support/Resistance
Price action formed a bearish engulfing pattern at 0.574 during the early morning session, confirming a breakdown. Key support levels are clustering between 0.568 and 0.566, where a potential short-term bounce could form. Resistance appears to be at 0.573–0.575, where repeated rejections occurred.
Momentum and Indicators
The 5-minute MACD showed a weak bearish crossover late in the session, while RSI flattened near 30–35, indicating oversold conditions.

Volatility and Bollinger Bands
Bollinger Bands showed a noticeable expansion around 09:00–11:00 ET, followed by a consolidation phase as price traded within the lower half of the bands. The narrowing of the bands in the final hours suggests a potential breakout or reversal scenario.
Volume and Turnover Insights
Volume spiked significantly as price dropped below 0.570, particularly between 13:00–14:00 ET, confirming bearish sentiment. However, turnover failed to confirm further breakdowns after 16:00 ET, indicating possible exhaustion in the downward move.
Outlook and Risk Consideration
RUNEUSDT may test 0.566 as the next support level over the next 24 hours, with a potential bounce scenario forming if the price holds above that level. However, increased volume on a break below 0.566 could signal a deeper correction. Investors should monitor the 0.573–0.575 area for potential reversal signals and be cautious of diverging price and RSI trends.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.21 2025

Dec.21 2025

Dec.21 2025

Dec.21 2025

Dec.21 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet