Summary
• Price declined from 0.0964 to 0.0932, showing bearish momentum.
• Volatility expanded significantly in the early hours.
• A strong bearish engulfing pattern formed around 01:30 ET.
• Volume surged with a 500,000+ spike near 08:30 ET.
Market Overview
At 12:00 ET on 2025-12-27, StakeStone/Tether (STOUSDT) opened at 0.0961, reached a high of 0.0964, hit a low of 0.0916, and closed at 0.0932. Total 24-hour volume was 15,779,893.8 and turnover was 1,483,487.86.
Structure & Formationsa detailed price chart showing a bearish engulfing pattern forming around 01:30 ET with volume surging as the price drops from 0.094 to 0.0927
Price tested a key support level near 0.0930–0.0935, which appears to have held after a sharp decline in the early hours. A bearish engulfing pattern formed around 01:30 ET as price dropped from 0.094 to 0.0927 on rising volume. Later, price found resistance around 0.0945–0.0949, failing to hold above that range.
Moving Averages
On the 5-minute chart, the 20SMA and 50SMA crossed lower as the bearish trend continued. Daily moving averages (50, 100, 200) show a descending bias, suggesting the pair remains under pressure from short to medium-term trends.
Momentum & Volatility
MACD showed a bearish crossover with negative divergence in the second half of the day. RSI dropped into oversold territory (30–35) in the late hours, suggesting potential for a short-term rebound. Bollinger Bands widened significantly after 01:00 ET as volatility increased, with price staying well below the lower band at times.
Volume & Turnover
Notable volume spikes occurred at 01:30 ET and 08:30 ET, with the latter reaching over 450,000 contracts. Turnover increased alongside price declines, providing confirmation of bearish conviction. However, divergence between price and turnover in the last few hours may suggest weakening bear momentum.
Fibonacci Retracements
On the 5-minute chart, the key Fibonacci levels of 38.2% (~0.0951) and 61.8% (~0.0937) were tested multiple times. The 61.8% level appears to be holding currently. On the daily chart, the 61.8% retracement of the major move remains at ~0.0930, where price is consolidating.
Looking ahead, a retest of the 0.0930–0.0935 support zone is likely in the next 24 hours, with a risk of further decline if that fails. Investors should also watch for signs of a reversal near key Fibonacci and moving average levels.
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