Market Overview for Siacoin/Ethereum (SCETH)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 10:25 am ET1min read
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Aime RobotAime Summary

- SCETH traded between $4.9e-07 and $5.2e-07, failing to break above key resistance despite a 19:00 ET volume spike.

- RSI signaled oversold conditions below 30, while MACD showed weak bullish divergence with limited conviction.

- A bearish engulfing pattern at $5.1e-07 and tight Bollinger Bands indicated consolidation ahead of potential breakouts.

- Fibonacci retracements highlighted $5.11e-07 (38.2%) as a near-term support level requiring further testing.

Summary
• Price action remained range-bound near $5.1e-07, failing to break above key resistance.
• Volume surged briefly at 19:00 ET, but failed to drive momentum.
• RSI signaled oversold conditions, while MACD showed weak bullish divergence.

Siacoin/Ethereum (SCETH) opened at $5.2e-07 on 2025-12-09 at 12:00 ET and closed at $5.1e-07 on 2025-12-10 at 12:00 ET, reaching a high of $5.2e-07 and a low of $4.9e-07. Total volume for the 24-hour window was 11,340,653.0, with a notional turnover of $5.5757.

Structure & Formations


Price moved within a tight range of $5.1e-07 to $5.2e-07 for most of the day, forming multiple doji and spinning top candles, indicating indecision.
A bearish engulfing pattern appeared near $5.1e-07 around 17:15 ET, reinforcing a potential short-term support level at $5.1e-07. A key resistance was observed at $5.2e-07, where price failed to close above for the duration.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages closely aligned near $5.1e-07, indicating a flat, consolidative trend. Daily moving averages are not available from the provided 5-minute data.

MACD & RSI


The MACD remained near zero with a weak positive divergence, suggesting some potential for a rebound but with limited conviction. RSI dipped below 30 for extended periods, signaling oversold conditions, though no strong reversal was confirmed.

Bollinger Bands


Volatility remained contracted, with price bouncing between the midline and the lower band of the Bollinger Bands. This suggests low momentum and possible consolidation ahead of a breakout.

Volume & Turnover


Volume spiked at 19:00 ET (4.7 million) and again at 05:15 ET, but failed to drive a directional move. Notional turnover remained flat for most of the day, with no clear correlation between price and turnover, indicating potential accumulation or distribution at key levels.

Fibonacci Retracements


A minor swing high of $5.2e-07 and swing low of $4.9e-07 established key Fibonacci levels at 38.2% ($5.11e-07) and 61.8% ($5.04e-07). Price tested the 38.2% level but did not hold, suggesting further support could be tested in the next 24 hours.

SCETH appears to be in a consolidation phase with strong support forming near $5.1e-07. While the RSI indicates oversold conditions, momentum has been weak, and volume has not confirmed any breakout attempt. Investors should monitor for a break of the $5.2e-07 resistance or a retest of the $4.9e-07 level. As always, be cautious of sudden volatility or news-driven swings.