Market Overview for Spark/Tether (SPKUSDT)

Thursday, Dec 18, 2025 9:44 am ET1min read
Aime RobotAime Summary

- SPKUSDT broke key 5-min support at 0.01998–0.02000, with 15% volume surge failing to push higher prices.

- RSI showed overbought divergence and a bearish engulfing pattern emerged near 0.02005–0.02012.

- Bollinger Bands expanded during 18:00–20:00 ET, confirming increased volatility in 0.01996–0.02014 range.

- 50-period MA crossed below 100-period MA, while Fibonacci levels at 0.02004 and 0.02034 acted as key thresholds.

- Price faces potential retest of 0.01996–0.01998 support, with break below targeting 0.01985–0.01987 if bearish momentum persists.

Summary

broke below a key 5-min support level at 0.01998–0.02000 during early morning trading.
• Volume surged 15% in the final 3 hours, but price failed to close higher, indicating possible rejection.
• RSI showed overbought conditions in mid-day, followed by a sharp divergence in afternoon trading.
• A bearish engulfing pattern emerged near 0.02006–0.02012, suggesting short-term bearish momentum.
• Bollinger Bands expanded after 18:00 ET, reflecting increased volatility in the 0.01996–0.02014 range.

At 12:00 ET on 2025-12-18, Spark/Tether (SPKUSDT) opened at 0.020441, reaching a high of 0.020695 and a low of 0.019595, before closing at 0.020435. Total volume was 14,059,746, with turnover estimated at ~$284,653, based on the 24-hour OHLCV data.

Structure & Formations


The 5-min chart showed a clear bearish breakdown from the 0.02006–0.02012 range, followed by a consolidation phase in the 0.01996–0.02004 corridor. A large bearish engulfing pattern formed in the 19:00–19:15 ET window near 0.02005–0.02012, suggesting a probable continuation of downward momentum. A potential support level appears to have formed near 0.01996–0.01998, where price tested three times before rebounding.

Moving Averages


On the 5-min chart, the 20-period and 50-period moving averages both trended lower after 20:00 ET, confirming a bearish bias. The 50-period line crossed below the 100-period line on the daily chart, indicating a weakening of bullish momentum.

Momentum and Volatility


Relative Strength Index (RSI) reached overbought territory in the morning session (0.02008–0.02025 range), but failed to sustain above 55 thereafter, showing bearish exhaustion.
Bollinger Bands widened significantly between 18:00 and 20:00 ET, with price trading in the lower half of the bands, suggesting a shift in volatility and sentiment.

Volume and Turnover


Volume spiked to 2.8 million at 13:45 ET and 1.8 million at 14:15 ET, but price failed to make a higher high, indicating bearish divergence. Total notional turnover increased in the final 3 hours, but volume distribution was uneven, with large blocks concentrated on the short side.

Fibonacci Retracements


On the 5-min chart, price tested the 61.8% Fibonacci retracement level at 0.02004 before falling further. On the daily chart, the 38.2% retracement level at 0.02034–0.02036 appears to have acted as a weak resistance.

The price appears to be in a bearish phase with potential for further testing of the 0.01996–0.01998 support level. A break below that range could target 0.01985–0.01987. Investors should watch for volume confirmation on any potential rebounds and monitor the 50-period moving average for directional clues.

Looking ahead, the next 24 hours may see increased volatility if the 0.02006–0.02012 level is tested again. Investors should be cautious about overbought RSI readings and divergence in volume patterns, which could signal further bearish momentum.