Summary
• Price declined from 0.1314 to 0.1252, with bearish momentum and oversold RSI.
• Bollinger Bands showed increased volatility with price near the lower band.
• High volume and turnover observed in the afternoon ET, confirming bearish move.
• A potential short-term support appears at 0.1252–0.1244.
Stargate Finance/Tether (STGUSDT) opened at 0.1302 on 2025-12-14 at 12:00 ET and closed at 0.1252 on 2025-12-15 at 12:00 ET, with a high of 0.1314 and a low of 0.1244. The 24-hour volume was 11,412,734.5 and the notional turnover amounted to approximately 1,431,265.4 USDT.
Structure & Formations
Price action showed a bearish bias, with a breakdown below key support levels around 0.1275 and 0.126. A strong bearish engulfing pattern formed around 2025-12-15 at 15:00 ET, followed by a long lower shadow at the end of the 24-hour period, indicating potential short-term support. No clear bullish reversal patterns have emerged.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages both crossed below price, reinforcing the bearish trend.
On the daily chart, the 50-period and 200-period moving averages remain in a bearish alignment, with price below both. This suggests a continuation of the downward trend in the short term.
MACD & RSI
The MACD line and signal line crossed below zero, confirming bearish momentum. RSI reached an oversold level near 30, suggesting potential for a short-term rebound. However, the RSI has shown bearish divergence, which may indicate further downside pressure.
Bollinger Bands
Bollinger Bands expanded significantly during the price decline, with price closing near the lower band at 0.1252. This suggests that volatility increased and the price could remain near oversold levels for a while.
Volume & Turnover
Volume increased significantly during the afternoon and early evening ET, coinciding with the sharp price decline. Notional turnover also spiked, confirming the bearish move. However, volume has since subsided, suggesting that momentum may be waning.
Fibonacci Retracements
On the 5-minute chart, price tested the 61.8% Fibonacci level at 0.1275 before breaking below. On the daily chart, the 38.2% retracement level at 0.1268 may offer resistance if the price attempts a recovery. The next key support level is near 0.1252–0.1244.
Looking ahead, STGUSDT appears to be in a bearish phase, with potential for a short-term bounce from the 0.1252 level. However, if bears maintain control, a retest of 0.1244 could follow. Investors should remain cautious of renewed selling pressure and possible breakdowns below key support levels.
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