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Summary
• Sonic/Tether (SUSDT) fell 6.3% in 24 hours, with price testing key support near 0.0930–0.0940.
• A large-volume breakdown below 0.0955 signaled bearish momentum, with RSI and MACD confirming oversold conditions.
• Bollinger Bands widened midday, and volume spiked at 14:30 ET, aligning with a sharp drop to 0.0903.
• Fibonacci 61.8% at 0.0936 may offer near-term support, while the 0.0963–0.0968 range is critical for a reversal.
At 12:00 ET on 2025-12-07, Sonic/Tether (SUSDT) opened at 0.0963, traded to a high of 0.0969, a low of 0.0903, and closed at 0.0942. Total 24-hour volume was 24.9 million, with notional turnover of $2,406,000.
Structure & Formations
The 24-hour candlestick pattern showed a sharp bearish breakdown from 0.0965–0.0969 to 0.0903–0.0942, with a long lower shadow at the end of the day suggesting some short-covering or stabilization. Key support levels at 0.0930–0.0940 and resistance at 0.0955–0.0965 emerged clearly. A long bearish

Moving Averages and Momentum
On the 5-minute chart, price closed below the 20-period and 50-period moving averages, reinforcing the bearish bias. Daily moving averages (50, 100, 200) are not provided, but the 24-hour trend is decisively negative. RSI reached oversold levels near 30 at the bottom, and MACD remained bearish with a strong negative crossover earlier in the session.
Bollinger Bands and Volatility
Bollinger Bands showed significant expansion during the 14:30 ET breakdown, with price dropping below the lower band to 0.0903. Volatility appears to have peaked in midday and is now consolidating. Price is currently near the lower third of the bands, indicating continued pressure for downside movement unless buyers step in.
Volume and Turnover
The largest volume spike occurred at 14:30 ET with 4.8 million traded, coinciding with the sharp drop to 0.0903. Volume and turnover aligned well during this move, confirming bearish momentum. Notable divergence appeared near 0.0944, where volume dropped despite a small price rebound, suggesting limited buying interest.
Fibonacci Retracements
Fibonacci retracements applied to the recent swing (0.0903–0.0968) show key levels at 0.0936 (61.8%) and 0.0950 (50%). A retest of the 0.0936 level could confirm if this is a short-term bottom or if further support is needed at 0.0920–0.0930.
SUSDT appears to be in a bearish phase with strong support at 0.0930–0.0940. Traders may monitor for signs of a potential reversal, but further downside could follow if key support levels break. Investors should prepare for elevated volatility and consider hedging or tighter stops in the near term.
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