Summary
• Price declined by 7.2% over 24 hours, with bearish momentum intensifying in the final 12 hours.
• Key support levels tested at 0.118 and 0.1175 amid a breakdown from the 0.1205 resistance.
• Volume spiked during the midday sell-off, confirming bearish sentiment and price action.
• RSI entered oversold territory near 27, suggesting potential near-term bounce or consolidation.
• A deepening bear flag pattern on the 5-minute chart indicates a possible continuation lower.
StakeStone/Tether (STOUSDT) opened at 0.1201 on 2025-12-17 12:00 ET, reached a high of 0.1211, a low of 0.1161, and closed at 0.1171 on 2025-12-18 12:00 ET. Total volume across the 24-hour period was 1,108,629.9, with a notional turnover of $130,927. The pair displayed a clear bearish bias, driven by a late-night sell-off and strong distribution pressures.
Structure & Formations
The 5-minute chart showed a bearish breakdown from the 0.1205–0.1211 range, with key support levels at 0.1193, 0.1185, and finally 0.1175 being tested and broken. A large bearish engulfing pattern formed around 0.118–0.1195, reinforcing the downward bias. A potential bear flag consolidation formed between 0.1171 and 0.1178, suggesting the pair may continue lower.
Moving Averages
On the 5-minute chart, the price closed below the 20 and 50-period moving averages, confirming the short-term bearish trend. Daily moving averages (50, 100, and 200) are not available from this dataset, but the continued depreciation indicates a potential alignment with longer-term bearish momentum.
MACD & RSI
The RSI dipped below 30, entering
oversold territory, indicating short-term exhaustion and a potential bounce or sideways consolidation in the near term. The MACD turned negative in the final hours and crossed below its signal line, suggesting continued bearish momentum.
Bollinger Bands
Volatility expanded during the sell-off, with the price dropping below the lower band for multiple hours. This widening of bands reflects increased uncertainty and distribution. A rebound toward the midline may indicate a short-term pause, but a retest of the lower band could still be expected.
Volume & Turnover
The largest volume spike occurred between 0.1185 and 0.1175, with a large block of 404,701.3 volume associated with the 0.1161 low, confirming bearish participation. Notional turnover spiked in tandem with price declines, indicating no divergence and strong alignment between price and volume.
Fibonacci Retracements
Fibonacci levels on the 5-minute sell-off from 0.1211 to 0.1161 show a 38.2% retracement at 0.1185 and 61.8% at 0.1175, both of which were tested and broken. The next potential target, should the trend continue, would be the 78.6% retracement near 0.1165.
The next 24 hours could see a test of 0.1165–0.1161 as the pair appears to be in a descending channel. Investors should remain cautious, as an oversold RSI and consolidation around 0.1171–0.1178 may not be enough to reverse the bearish trend.
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