Summary
• Price tested key support near 0.0804–0.0807 before rebounding.
• Momentum shifted midday as RSI crossed into oversold and reversed above 50.
• Bollinger Bands signaled volatility contraction in the overnight session.
• Volume spiked during the selloff but failed to confirm further downside.
• A bullish engulfing pattern emerged during the final hours of trading.
The StakeStone/Tether (STOUSDT) pair opened at 0.0822 on 2025-12-28 at 12:00 ET, hit a high of 0.0859, a low of 0.0785, and closed at 0.0807 on 2025-12-29 at 12:00 ET. Total volume was 18,181,506.0 and turnover amounted to 1,459,022.0.
Structure & Formations
Price moved within a defined range of 0.0784–0.0859 over the 24-hour period. A key support zone between 0.0804 and 0.0807 held during a sharp selloff late in the session. A bullish engulfing pattern formed near 0.0807 as price recovered during the final hours of the window.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA mid-morning, indicating a short-term bullish bias. On the daily chart, the 50/100/200-period MAs suggest a neutral to mildly bearish trend, with price currently below the 200 MA.
MACD & RSI
The MACD line crossed into negative territory during the selloff but showed a tentative reversal as price stabilized. RSI reached an oversold level of 28 before rebounding above 50, indicating possible near-term buying interest.
Bollinger Bands
Volatility contracted overnight as price moved within a narrow band range. Expansion occurred during the selloff, with price falling to the lower band before recovering.
Volume & Turnover
The highest volume occurred during the selloff at 204500 (0.0802 close) with a massive 3,232,340.4 volume and 258,804.1 turnover. However, price failed to make a new low in the following candles, suggesting potential short-covering or stabilizing demand.
Fibonacci Retracements
Fib levels applied to the 0.0785–0.0859 range show price currently aligning with the 61.8% retracement at around 0.0819. A move above this level could target the 78.6% level at 0.0839, while a breakdown below 0.0804 risks testing the 100% extension.
In the next 24 hours, price could either consolidate near the 0.0807–0.0819 range or test the 61.8% retracement level as momentum stabilizes. Investors should remain cautious of thin volume and divergent price action near key levels.
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