Market Overview for Shentu/Tether (CTKUSDT) on 2025-12-09

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Tuesday, Dec 9, 2025 5:42 pm ET1min read
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Aime RobotAime Summary

- Shentu/Tether (CTKUSDT) surged past 0.2512, forming bullish patterns and confirming strength via increased volume near 0.2505.

- RSI at 58 and 20-period MA crossing above 50-period MA signaled short-term bullish momentum, supported by Bollinger Bands widening.

- Key resistance at 0.2567 and Fibonacci 61.8% level (0.2536) emerged as critical price targets amid rising volatility and dynamic support at 0.2483.

- Strong volume during the 0.2485–0.2590 rally validated upward moves, with no price-volume divergence observed in turnover data.

- Market bias remains bullish for next 24 hours, but traders must monitor RSI divergence or pullbacks near 0.2536–0.2567 resistance zones.

Summary
• Price broke above 0.2512, forming bullish engulfing patterns.
• RSI reached 58, suggesting moderate momentum but not overbought.
• Volume surged near 0.2505, confirming strength in upward moves.
• Bollinger Bands widened, signaling rising volatility.
• 20-period MA crossed above 50-period MA, indicating short-term bullish bias.

Shentu/Tether (CTKUSDT) opened at 0.2497 on 2025-12-08 12:00 ET, reached a high of 0.2567, a low of 0.2475, and closed at 0.2598 on 2025-12-09 12:00 ET. Total volume was 419,536.2, and turnover was approximately $106,950.

Structure and Candlestick Formations


The 24-hour chart displayed multiple bullish engulfing patterns, particularly during the late afternoon and early evening ET, as price advanced from the 0.2486 support level to 0.2567. A bearish doji formed briefly near 0.2512 before the final rally, suggesting indecision. Key resistance levels appear at 0.2512 and 0.2567, with support seen at 0.2485 and 0.2475.

Moving Averages and Momentum


On the 5-minute chart, the 20-period MA crossed above the 50-period MA, signaling a bullish bias in the short term. RSI moved from neutral to moderately bullish, reaching 58, while MACD remained above the zero line, reinforcing positive momentum. The daily chart saw the 50-period MA trending higher and the 200-period MA acting as a dynamic support, currently at 0.2483.

Volatility and Bollinger Bands


Bollinger Bands expanded significantly during the late afternoon and evening trading hours, reflecting rising volatility. Price remained above the 20-period MA for most of the session, staying within the upper and lower band range, but approached the upper band during the peak rally.

Volume and Turnover


Volume increased notably during the rally from 0.2485 to 0.2567, peaking at 22,667.9 during the surge to 0.2590. This confirmed the strength of the bullish move. Turnover also aligned with volume spikes, showing no signs of price-volume divergence.

Fibonacci Retracements


Applying Fibonacci to the 0.2475–0.2567 swing, the 61.8% level aligns with 0.2536, a key area where price paused before the final push to 0.2598. On the daily chart, the 38.2% retracement level sits near 0.2536, suggesting potential resistance ahead.

The market appears to be building bullish momentum with strong volume and price confirmation. A potential test of the 0.2567 resistance level is likely in the next 24 hours. However, traders should remain cautious of any pullbacks or bearish divergences in RSI or volume.