Summary
• Sonic/Tether (SUSDT) traded in a 0.0949–0.1006 range over 24 hours, with key resistance near 0.0995 and support at 0.0955.
• Momentum faded after a bullish breakout in the early session, with RSI signaling overbought conditions that dissipated.
• Volatility expanded during midday trading, with price falling below the 20-period moving average by the session close.
• Notional turnover spiked during the 0.0983–0.1006 rally but diverged from price in the final 4 hours.
• A bearish engulfing pattern formed near 0.0983, followed by a failed test at 0.0976, suggesting caution ahead.
Sonic/Tether (SUSDT) opened at 0.0965 on 2025-12-10 at 12:00 ET, peaked at 0.1006, and closed at 0.0914 by 12:00 ET on 2025-12-11. Total 24-hour volume reached 158,859,031.2 units, with a notional turnover of approximately 14,388,787 USDT.
Structure and Key Levels
The 24-hour OHLCV shows a strong bullish thrust in the midday hours, reaching 0.1006 before retreating sharply to close near 0.0914. Key resistance levels appear near 0.0995 and 0.0976, with strong support forming at 0.0955 and 0.0949. A bearish engulfing pattern appeared at 0.0983, and a subsequent failed test at 0.0976 suggests a breakdown in bullish momentum.
Momentum and Oscillators
RSI reached overbought territory during the 0.0983–0.1006 move but has since corrected sharply into oversold territory, indicating potential for a short-term bounce. MACD showed a bullish crossover during the rally but has since diverged with price as the pair declined.
Volatility and Bollinger Bands
Volatility expanded significantly during the midday rally, with price reaching the upper Bollinger Band before reversing. In the final hours, price traded near the lower band, indicating a potential short-term bounce or consolidation.
Volume and Turnover
High volume coincided with the 0.0983–0.1006 rally, confirming the strength of the move. However, subsequent volume has been lower, with turnover diverging from price during the decline. This divergence suggests weakening conviction among buyers.
Forward-Looking View
With key support at 0.0949 holding and the 20-period MA breaking lower, the market could test 0.0935–0.0940 in the next 24 hours. A retest of 0.0976 may offer a short-term opportunity, but a break below 0.0949 could signal a deeper correction. Investors should watch for confirmation at major levels and manage risk accordingly.
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