Summary
• Price consolidates near 0.114 after a sharp 3.5% decline from 0.1142.
• Strong bearish momentum seen with RSI below 35 and MACD divergence.
• Volatility peaks with 18:45 ET 5-minute candle showing $100k+ turnover.
• Key support appears near 0.1125; resistance at 0.1141 is now a potential barrier.
• Bollinger Bands show a slight expansion, indicating renewed directional bias.
Market Overview
StakeStone/Tether (STOUSDT) opened at 0.114 on 2025-12-21 12:00 ET, reaching a high of 0.1142 before closing at 0.1142 on 2025-12-22 12:00 ET. The pair traded between 0.1106 and 0.1143, with total volume of 3,602,439.4 and turnover of $400,441.75 over the 24-hour period.
Price Structure and Patterns
The 24-hour chart reveals a bearish reversal pattern forming after a large bearish 5-minute candle at 19:00 ET, which saw a 0.6% drop in just 5 minutes and marked the start of a broad decline. A doji formed at 21:00 ET, signaling indecision near the 0.1123 level, which appears to have acted as a temporary floor. Support levels have held at 0.1125 and 0.1117, with the latter tested twice without a breakdown.
Momentum and Indicators
The RSI dipped below 35 during the sharp sell-off, suggesting oversold conditions at 0.1117. However, the MACD line has failed to confirm any bullish momentum, remaining below the signal line.
Bollinger Bands show price sitting within the lower half of the bands, with the 20-period moving average falling below the 50-period line, reinforcing a bearish bias.
Volume and Turnover Insights
Volume spiked dramatically at 19:00 ET with a single candle accounting for nearly 20% of the total 24-hour volume (717,999.7 units), accompanied by a turnover of $81,700, the highest of the session. The volume and price action at this point align well, confirming bearish continuation.
Key Fibonacci Levels
Fibonacci retracement levels drawn from the 18:45 ET swing (high of 0.1138 to low of 0.1106) show 0.1125 at 38.2% and 0.1117 at 61.8%. Price found temporary support at 0.1125 before retracing to 0.1128–0.1132 later in the session, suggesting traders may look for a retest of these levels.
Looking ahead, STOUSDT could test key support near 0.1117 if the bearish bias continues. A sustained close above 0.1141 may signal a potential reversal, but this appears unlikely without a sharp increase in buying pressure. Investors should watch for divergence between price and momentum indicators, as well as volume during key levels. As always, the market remains volatile and prone to sharp corrections.
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