Market Overview for The Sandbox/Tether (SANDUSDT)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Sunday, Dec 7, 2025 5:04 pm ET1min read
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- SANDUSDT formed a descending channel with key resistance at 0.1443 and support at 0.1408, closing at 0.1409 after a 0.1357 low.

- Bearish momentum confirmed by RSI divergence, negative MACD, and volume spikes during late ET sell-off (1.5M contracts traded).

- Price broke below lower Bollinger Bands and 20/50-period moving averages, aligning with 61.8% Fibonacci retracement at 0.1409.

- Elevated turnover (576M Tether) and bearish engulfing pattern near 0.1443 suggest potential for deeper correction below 0.1408 support.

Summary
• The pair traded in a descending channel, with key resistance near 0.1443 and support at 0.1408.
• Strong bearish momentum confirmed by RSI divergence and declining volume during rallies.
• Volatility expanded as the price broke below the 20-period moving average into lower Bollinger Bands.
• A large bearish engulfing pattern formed near 0.1443, suggesting potential for further downside.
• Turnover surged during the late ET sell-off, confirming bearish sentiment and a possible short-term bottoming process.

The Sandbox/Tether (SANDUSDT) opened at 0.1434 on 2025-12-06 at 12:00 ET, peaked at 0.1468, and closed at 0.1409 as of 2025-12-07 at 12:00 ET, with a low of 0.1357. Total volume amounted to ~4.14 million contracts, while turnover reached approximately 576

Tether
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Structure & Moving Averages


The price formed a descending channel over the 24-hour period, with resistance at 0.1443 and support at 0.1408. The 20-period and 50-period moving averages on the 5-minute chart both crossed below the price, reinforcing bearish bias. On the daily chart, the price closed below all major moving averages (50, 100, and 200), signaling a continuation of the short-term downtrend.

MACD & RSI


The MACD line turned negative and remained below the signal line, confirming bearish momentum. The RSI dipped into oversold territory below 30, but failed to show a strong rebound, suggesting bearish exhaustion may not yet be complete. A bearish divergence appeared on the RSI, as price highs declined while RSI highs rose marginally, supporting further downward pressure.

Bollinger Bands


Volatility expanded late in the session, with price breaking below the lower Bollinger Band at around 0.1410. The widening bands indicated increased uncertainty and a potential correction could be expected in the near term.

Volume & Turnover


Volume spiked during the late ET sell-off, with over 1.5 million contracts traded in the candle ending at 14:30 ET. Turnover dropped sharply during price consolidation phases but remained elevated on the downside, indicating active shorting. Price and turnover aligned on the bearish move, offering confirmation of the recent strength in selling pressure.

Fibonacci Retracements


Fibonacci levels drawn from the 0.1468 high to the 0.1357 low show the 0.1409 close aligning closely with the 61.8% retracement level, suggesting a potential pause or consolidation phase. A break below the 0.1408 support could test the 78.6% retracement at ~0.1386 in the next 24 hours.

The market appears to be in a bearish phase with strong short-term selling pressure. A potential rebound from key Fibonacci and moving average levels could offer a tactical entry point for cautious traders. Investors should monitor for a break below 0.1408, which may signal the start of a deeper correction. As always, risk management remains essential given the asset’s volatility.