Market Overview: Shentu/Tether (CTKUSDT) 24-Hour Technical Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Dec 27, 2025 3:32 pm ET1min read
CTK
--
AMP
--
Aime RobotAime Summary

- Shentu/Tether (CTKUSDT) fell 0.2732→0.2687 in 24 hours with bearish continuation patterns and descending trendline support at 0.2685-0.2690.

- RSI oversold below 30 and MACD below zero showed weak bullish momentum despite 61.8% Fibonacci alignment with key support.

- Volatility spiked at 09:30 ET with 67,960.3 volume peak, but price failed to sustain moves above 0.2690-0.2695 retracement cluster.

- 20SMA/50SMA bearish slopes and price below 50DMA/200DMA confirm weak near-term bias, with potential breakdown below 0.2685 targeting 0.2665.

Summary
• Price declined from 0.2732 to 0.2687 over 24 hours with bearish continuation patterns.
• RSI and MACD signal oversold conditions but with weak momentum recovery.
• Volatility expanded mid-day, but volume suggests mixed conviction in price action.

Shentu/Tether (CTKUSDT) opened at 0.2732 and closed at 0.2687, with a high of 0.2733 and a low of 0.2665. Total volume reached 679,578.8 and turnover was 182,527.67 USD over the 24-hour period.

Structure & Formations


Price action shows a bearish bias with a descending trendline and a potential support zone forming around 0.2685–0.2690. A bearish engulfing pattern was visible during the early morning hours, reinforcing the downward trend. A 61.8% Fibonacci retracement level from the initial 0.2732–0.2667 swing aligns with the same support level.

Moving Averages


On the 5-minute chart, the 20SMA and 50SMA are both in a downward trend, suggesting continued bearish pressure. On the daily chart, the price remains below the 50DMA and 200DMA, signaling a weak near-term bias.

MACD & RSI


MACD lines have remained below the zero line with no clear bullish divergence. RSI dipped into oversold territory below 30, but failed to generate a convincing rebound, suggesting weak follow-through buying.

Bollinger Bands


Volatility increased around 09:30–10:00 ET as price tested the lower band, before stabilizing within the band. The band width suggests moderate volatility compared to earlier in the week.

Volume & Turnover


Volume peaked at 67,960.3 at 09:30 ET, coinciding with a sharp decline toward the 0.2676 level. Turnover was highest during this period as well, but price failed to follow through, suggesting mixed conviction.

Fibonacci Retracements


Recent 5-minute swings show the 38.2% and 61.8% retracement levels clustering around 0.2690–0.2695. Price failed to hold above this area in the morning, suggesting further downside potential.

The market appears to be consolidating near the key support level of 0.2685. A break below this could target the next level at 0.2665. Investors should watch for a potential bounce or breakdown in the next 24 hours, with risk of increased volatility if the support fails.