Market Overview: Spell Token/Tether (SPELLUSDT) - 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Dec 27, 2025 10:24 pm ET1min read
USDT
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SPELL
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Aime RobotAime Summary

- Spell Token/Tether (SPELLUSDT) traded in a tight $0.0243–$0.0251 range with 1.1B volume and $28.5M turnover over 24 hours.

- RSI near 30 signaled oversold conditions, while MACD flatness and compressed Bollinger Bands highlighted neutral momentum.

- A bullish engulfing pattern at $0.0244 and 38.2% Fibonacci level suggested potential short-term buying interest if support holds.

- Subdued volume and lack of decisive candlestick patterns underscored limited conviction, with $0.0251 breakout potential and $0.0244 retest critical for near-term direction.

Summary
• Price action remained within a narrow range, lacking clear directional bias.
• RSI signaled potential oversold conditions near 30, hinting at near-term support.
• Volume remained subdued, with no notable divergence from price consolidation.
• No decisive candlestick patterns emerged, though a bullish engulfing shape was visible at support.

Market Overview


Spell Token/Tether (SPELLUSDT) opened at $0.0248 at 12:00 ET − 1 and traded between $0.0243 and $0.0251 over the next 24 hours, closing at $0.0249 at 12:00 ET. Total volume stood at 1.1 billion SPELL, with a notional turnover of $28.5 million.

Structure & Formations


Price remained range-bound, with a key support at $0.0244 and resistance at $0.0251.
A bullish engulfing pattern emerged near the lower boundary, suggesting short-term buyers may re-enter if the level holds.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages remained tightly aligned, reflecting neutral momentum. Daily chart indicators showed the 50-period MA at $0.0247, slightly above the 100- and 200-period lines, hinting at a long-term consolidation phase.

Momentum & Volatility


RSI dipped near 30, indicating potential oversold conditions, while MACD remained flat, reflecting mixed momentum signals. Volatility remained compressed within Bollinger Bands, with price hovering near the midline, suggesting low conviction in either direction.

Volume & Turnover


Volume was relatively subdued, with no sharp spikes or divergences observed. Turnover mirrored the lack of momentum, suggesting limited participation from institutional or algorithmic players.

Fibonacci Retracements


Recent 5-minute swings showed price testing the 38.2% retracement level at $0.0246, while daily retracement levels pointed to potential support at $0.0241 and resistance at $0.0256.

Looking ahead, a breakout above $0.0251 could rekindle bullish sentiment, but a retest of $0.0244 will be critical for short-term stability. Investors should remain cautious of thin volume and limited directional clarity in the next 24 hours.