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Summary
• Price declined from 0.3382 to 0.3303, breaking below key support.
• Strong bearish momentum confirmed by RSI and MACD divergence.
• Volatility expanded sharply, with Bollinger Bands widening post-0.3340.
• Volume surged over 39,000 at 0.3306, validating the recent breakdown.
• Fibonacci retracements indicate potential bounce near 0.3286–0.3290.
The pair opened at 0.3382 on 2025-12-13 at 12:00 ET, reached a high of 0.3382, and closed at 0.3303 by 12:00 ET the next day. Total traded volume amounted to 226,840, while notional turnover stood at approximately $73,759, based on the OHLC data.
Price Action and Key Levels
SafePal/Tether fell below 0.3340 during a key 5-minute candle at 06:45 ET, triggering a rapid breakdown. The price action confirmed a bearish bias with a long bearish engulfing pattern forming around 0.335–0.3345. Notable support levels emerged at 0.3303 (close) and 0.3286–0.3290, which are part of the Fibonacci 61.8% retracement level from the earlier swing high near 0.3382.
Technical Indicators and Momentum
The RSI dropped below 30 during the early morning hours, signaling oversold conditions, but failed to produce a meaningful rebound. Instead, the MACD continued to trend lower, indicating sustained bearish momentum.

Volume and Turnover Analysis
Volume spiked sharply during the breakdown around 0.3306, with a 5-minute candle at 15:15 ET recording over 39,581 contracts traded. This confirms the validity of the recent bearish move. Turnover aligned with volume, showing no divergence and reinforcing the strength of the sellers.
Looking ahead, SafePal/Tether may test the 0.3286–0.3290 zone for potential support. A bounce from this level could attract short-term buyers, but traders should remain cautious of further downside risk if the support fails.
Risk Note
Investors should watch for a close below 0.3286, which could signal deeper bearish pressure and potential follow-through selling toward 0.3260–0.3270. Volatility remains high, and sharp swings are possible.
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