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Summary
• Price fell from 0.01344 to 0.01293, closing below key support.
• Volume spiked late into the session, confirming bearish momentum.
• RSI entered oversold territory, hinting at potential rebound.
• Bollinger Bands expanded, indicating rising volatility.
• A long lower shadow at 0.01291 suggests rejection near that level.
Market Overview
Sophon/Tether (SOPHUSDT) opened at 0.01344 on 2025-12-25 at 12:00 ET and traded as high as 0.01345 before declining to a low of 0.01291. The 24-hour session closed at 0.01293 at 12:00 ET on 2025-12-26. Total traded volume was 9,846,930 SOPH, with notional turnover of 127.3667 USD.
Structure & Formations
The price declined in a bearish fashion, with a strong rejection at 0.01291 highlighted by a long lower shadow on the final candle.

Moving Averages
On the 5-minute chart, the price closed below both the 20 and 50-period moving averages, confirming a short-term bearish bias. Daily chart moving averages (50/100/200) suggest a medium-term downtrend remains intact, with no signs of a reversal at this stage.
MACD & RSI
The RSI entered oversold territory below 30, indicating potential for a short-term bounce. MACD lines remained negative throughout the session, with bearish divergence observed between price and momentum during the final hours.
Bollinger Bands
Bollinger Bands widened significantly during the decline, indicating rising volatility. Price closed near the lower band, which may act as a temporary floor. A retest of the upper band is unlikely unless there is a sharp reversal.
Volume & Turnover
Volume spiked near the session’s end, particularly in the final candle, reinforcing the bearish move. Notional turnover rose in line with volume, indicating strong conviction in the downside. No major divergences were observed between price and turnover.
Fibonacci Retracements
A recent 5-minute swing from 0.01345 to 0.01291 saw price retesting key Fibonacci levels. The 61.8% retracement level is at 0.01317, a key area for potential support. A break below the 50% level at 0.01318 could signal a continuation of the downtrend.
Price may find temporary support near 0.01291-0.01296 in the short term, but bears could test the next key level below if momentum remains unchanged. Investors should monitor for a potential rebound from the RSI oversold zone and watch for divergences in volume and momentum.
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