Market Overview: Sophon/Tether (SOPHUSDT) on 2025-12-14

Summary
• Price declined from 0.01439 to 0.01381 amid bearish momentum.
• RSI signaled oversold conditions below 30 after sharp pullback.
• Bollinger Bands widened, indicating rising volatility.
• Volume surged above 10M, especially during the 21:00–23:00 ET decline.
• Key support now at 0.0138, with 0.0135 next target if broken.

Price Action and Turnover

Sophon/Tether (SOPHUSDT) opened at 0.01437 on 2025-12-13 12:00 ET, reached a high of 0.01453, and closed at 0.01388 as of 2025-12-14 12:00 ET. The 24-hour period saw a low of 0.01381 and total volume exceeding 7,326,924 with turnover of $103,264.

Structure & Key Levels

The price action formed a bearish continuation pattern with key support levels at 0.0138 (tested multiple times) and 0.0135 (next critical level). Resistance is found near 0.0143–0.0144, with a potential retracement target at 0.0142 if the 20 EMA holds during a rebound.

Momentum and Indicators

The RSI dipped below 30 in the final hours, indicating oversold territory, while the MACD showed bearish divergence with shrinking histogram bars and a negative crossover. Bollinger Bands expanded significantly during the price drop, suggesting heightened volatility.

Volume and Turnover Dynamics

Volume surged during the 21:00–23:00 ET window as price fell from 0.0143 to 0.0139. Turnover aligned with volume spikes, showing strong conviction in the bearish move. Divergences between price and volume were minimal, reinforcing the trend’s strength.

Fibonacci Retracements

A 38.2% Fibonacci retracement of the 0.01381–0.01453 move points to 0.01416 as a potential bounce level, while the 61.8% level at 0.01401 could mark a deeper pullback target if bears dominate further.

In the next 24 hours, SOPHUSDT may test the 0.0138 support and could see a rebound if bulls take control. Investors should monitor volume behavior and RSI divergence for early signs of a reversal.