Market Overview for Solana/Tether (SOLUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 19, 2025 12:30 pm ET1min read
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Aime RobotAime Summary

- SOLUSDT dropped sharply after a bearish engulfing pattern at 127.01 signaled strong downward momentum, closing at 125.28 after hitting a 24-hour low of 117.5.

- A 61.8% Fibonacci retracement at 118.4 emerged as potential support amid $294.1M turnover and 3.18M volume, with Bollinger Bands widening during the volatile price swing.

- RSI hit oversold 28 near 118.0 while MACD confirmed bearish momentum, though bullish divergence in the 117.5-118.0 range suggests possible short-term rebound.

- Traders anticipate a 118.4 support test with potential bounce into 119.0-120.0, but a break below 117.5 could trigger accelerated downside amid elevated volatility.

Summary
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SOLUSDT
fell sharply after a bearish engulfing pattern emerged at 127.01, signaling strong downward momentum.
• Price reached a 24-hour low of 117.5 before rebounding, showing a 61.8% Fibonacci retracement at 118.4 may act as support.
• Volatility spiked during the early ET hours, with a 24-hour turnover of $294.1 million and volume of 3,179,595.6.
• Bollinger Bands widened as price moved from the top to the bottom of the channel, indicating a high-volatility phase.
• RSI dropped to 28 near the 118.0 level, hinting at a potential oversold bounce.

At 12:00 ET on December 19, 2025, Solana/Tether (SOLUSDT) opened at 127.01, reached a high of 127.66, and a low of 117.5 before closing at 125.28. The 24-hour volume was 3,179,595.6, with a notional turnover of $294.1 million.

Structure & Formations


The session began with a bearish engulfing pattern at 127.01, triggering a sharp decline. Price dropped below 123.5, a prior 20-period 5-min MA level, before finding support at 117.5. A bullish divergence formed in the 117.5–118.0 range, with a 61.8% Fibonacci retracement at 118.4 potentially offering short-term resilience.

Moving Averages and Bollinger Bands


Short-term averages (20/50-period 5-min) trended downward throughout the session, reinforcing the bearish tone. Bollinger Bands saw a marked expansion during the sell-off, with price moving from the upper to the lower band, highlighting increased volatility.

MACD and RSI


MACD turned bearish early, with a negative crossover confirming the downward thrust. RSI bottomed at 28, suggesting oversold conditions, which may prompt a near-term bounce. However, the indicator has not yet crossed into neutral territory.

Volume and Turnover


Volume spiked to a peak of 345,528.276 during the early ET sell-off, aligning with the sharp drop in price. Turnover expanded in line with volume, indicating conviction in the move lower. Divergences were not observed, suggesting price and volume remained in sync.

In the next 24 hours, traders may see a test of the 118.4 support level, with a potential rebound into the 119.0–120.0 range. A break below 117.5 could accelerate further downside risk amid elevated volatility.