Market Overview for Sophon/Tether (SOPHUSDT): 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byRodder Shi
Wednesday, Dec 10, 2025 10:04 pm ET1min read
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- Sophon/Tether (SOPHUSDT) broke below key resistance at 0.0161, forming a descending trend with bearish patterns like dark cloud cover and engulfing candles.

- RSI shows oversold conditions near 0.01543 while MACD remains negative, with 50 SMA acting as dynamic resistance despite volatility expansion.

- Volume spiked during the 19:30-20:30 ET breakdown but declined during pullbacks, suggesting weakening bearish conviction and potential short-term reversal.

- Key Fibonacci support at 0.01553 (61.8%) is being tested, with 0.01545-0.0155 likely to retest in 24 hours if price holds above critical levels.

Summary
• Price action shows bearish momentum from a key resistance zone, with a potential breakdown in progress.
• Volatility has expanded, with price hovering near the lower Bollinger Band and RSI indicating oversold conditions.
• Volume is unevenly distributed, showing higher activity in the afternoon ET with a divergence in turnover during the downward phase.

Sophon/Tether (SOPHUSDT) opened at 0.01592, reached a high of 0.01614, and a low of 0.01543 before closing at 0.01545 as of 12:00 ET. Total volume over the 24-hour window was 31,938,985.0, with notional turnover at $515,222.

Structure & Formations


Price tested a key resistance level near 0.0161, but failed to hold it, resulting in a bearish breakdown. A series of lower highs and lower closes suggest a descending trendline is forming. Notable bearish patterns include a dark cloud cover at the 18:30 ET time frame and a potential bearish engulfing pattern near the 22:00 ET low.

Indicators


The 5-minute 20 and 50-period moving averages are both bearish, with the 50 SMA acting as dynamic resistance. The MACD is negative with bearish divergence in the second half of the day.
RSI is in oversold territory, raising the possibility of a near-term bounce, but only with a clear break above 0.0156 could momentum shift.

Volatility & Bands


Bollinger Bands have widened, signaling increased volatility. Price is currently near the lower band at 0.01543, suggesting it may be overextended to the downside. A retest of the mid-band at 0.0156 could be imminent if there is a pullback.

Volume & Turnover


Volume spiked during the breakdown in the 19:30–20:30 ET window, confirming the bearish move. However, turnover has declined during the subsequent pullback, which may indicate reduced conviction in the downtrend. Divergence in volume during the final leg suggests a possible short-term reversal or consolidation.

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Fibonacci Retracements


On the 5-minute chart, the 0.0161–0.01543 move places key support at 0.01568 (38.2%) and 0.01553 (61.8%). Price has tested the 61.8% level and is consolidating just below it. A break below 0.01543 may target 0.01532 on the 24-hour chart.

Looking ahead, SOPHUSDT may find near-term support around 0.01545–0.0155 and could retest that level in the next 24 hours. However, traders should remain cautious, as a break below 0.0154 could accelerate the downtrend and trigger larger stops.