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Summary
• Price tested key resistance at 0.0786 before declining to 0.076.
• Volume surged at 16:45 ET with a bearish breakdown below 0.076.
• RSI entered oversold territory, hinting potential near-term reversal.
24-Hour Price and Volume Summary
Sonic/Tether (SUSDT) opened at 0.0779, reached a high of 0.0798, and closed at 0.0745 as of 12:00 ET on 2025-12-31. The 24-hour trading volume was 14,819,095.2 units, with a notional turnover of 1,119,932.15 USD.
Structure and Key Levels
The price formed a bearish engulfing pattern at 17:00 ET as it breached the 0.0785 resistance, opening the path for a pullback to 0.076. The 0.076–0.0764 range became a key support zone, holding through much of the overnight session. A potential short-term support is now visible at 0.0759, with a projected resistance at 0.077.

Momentum and Volatility
MACD showed bearish divergence following the 17:00 ET breakdown, while RSI hit oversold levels below 25, signaling possible short-term exhaustion in the downward move. Bollinger Bands indicated moderate volatility, with price testing the lower band overnight, suggesting a potential bounce from key support.
Volume and Turnover Analysis
Volume spiked at 16:45 ET with a massive 1.55M units traded during a sharp decline to 0.0747, confirming bearish conviction. However, subsequent volume has declined, suggesting a potential pause in momentum. Notional turnover has remained proportional to price action, with no signs of wash trading or manipulation.
Fibonacci and Implications
Fibonacci retracement levels of the 0.0784–0.0747 swing show 0.0759 (38.2%) and 0.0763 (61.8%) as critical areas for potential support. A retest of the 0.076–0.0764 range could see a rebound or consolidation, depending on buying pressure.
Market Outlook and Risk
The recent breakdown below 0.076 may set the stage for further downside, with a potential target near 0.075. However, oversold conditions and a stabilizing volume profile could support a short-term bounce. Investors should remain cautious as volatility remains elevated and key support levels could trigger sharp corrections if broken.
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