Market Overview for Shentu/Tether (CTKUSDT)

Thursday, Dec 18, 2025 3:38 pm ET1min read
Aime RobotAime Summary

- Shentu/Tether (CTKUSDT) fell to 0.2565, confirmed by a bearish engulfing pattern and oversold RSI below 30.

- Bollinger Bands widened overnight, with price near the lower band, signaling heightened bearish bias and uncertainty.

- Key support levels at 0.255-0.257 and 0.25 are critical, with Fibonacci retracements suggesting potential for further decline below 0.25.

- Moderate volume without major divergences indicates cautious market sentiment, requiring higher-volume confirmation for any reversal.

Summary
• Price declined from 0.2729 to 0.2565 with bearish momentum and oversold RSI.
• A bearish engulfing pattern appeared during the 5:30 AM ET session, confirming downward bias.
• Volatility expanded as Shentu/Tether tested lower support levels, suggesting potential for further decline.
• Bollinger Bands widened overnight, indicating increased uncertainty in price direction.
• Turnover remained moderate despite price drops, showing no major divergences in volume.

Shentu/Tether (CTKUSDT) opened at 0.2729 at 12:00 ET − 1, reached a high of 0.2729, and closed at 0.2565 at 12:00 ET, with a low of 0.2543. Total volume was 2,024,823.5 units, and notional turnover was $508,664.93 over 24 hours.

Structure & Formations


Price action showed a strong bearish bias after 5:30 AM ET, marked by a bearish engulfing pattern that confirmed a shift in sentiment. Key support levels have been tested at 0.26, 0.255, and 0.25, with a potential short-term bounce likely from the 0.255–0.257 zone.

Moving Averages


On the 5-minute chart, price has been below both the 20 and 50-period moving averages, reinforcing bearish momentum. The 50-period line on the daily chart sits just below 0.265, suggesting it may become resistance on any recovery.

MACD & RSI



The RSI has entered oversold territory below 30, indicating potential for a countertrend rebound, though momentum remains negative. The MACD histogram has contracted and turned bearish, suggesting selling pressure is likely to continue.

Bollinger Bands


Bollinger Bands expanded overnight as volatility increased, with price trading near the lower band, suggesting continued bearish bias. A reversal may be more likely than a breakout unless a large-volume catalyst emerges.

Volume & Turnover


Volume remained steady throughout the session, with no significant divergence between price and turnover. A moderate increase in volume at the recent low of 0.2543 suggests initial accumulation, but confirmation of a reversal would require a higher close on higher volume.

Fibonacci Retracements


On the 5-minute chart, price has reached the 61.8% Fibonacci level of the recent bullish swing, reinforcing bearish exhaustion. On the daily chart, the 38.2% retracement level at 0.264 appears to be the next critical area to watch for a potential bounce or resumption of the downtrend.

The market appears to be in a consolidation phase following a strong bearish move, with key support levels in play. Investors may monitor 0.255 as a short-term pivot point. Forward-looking, a break below 0.25 could indicate further downside, while a rejection above 0.26 may signal a short-term recovery. As always, sharp moves and volatility remain a risk in the near term.