Summary
• Price tested 5-minute Bollinger midline amid moderate volatility.
• RSI approached overbought territory, suggesting short-term momentum pressure.
• Volume and turnover remained stable, with no major divergence signs.
Starknet/Tether (STRKUSDT) opened at $0.93, reached a high of $0.97, a low of $0.92, and closed at $0.95 by 12:00 ET on 2025-12-27. The 24-hour volume was approximately 2.1 billion tokens, with a notional turnover of $1.98 billion.
Structure & Formations
Price action displayed a bullish engulfing pattern near $0.94, indicating a potential short-term reversal. Key 5-minute support appeared around $0.92, with resistance forming at $0.97. No decisive doji or bearish reversal patterns were observed during the window.
Moving Averages
On the 5-minute chart, price hovered above both 20 and 50-period moving averages, suggesting short-term bullish bias. Daily chart 50/100/200 lines remained closely aligned, showing a consolidative trend with no clear breakout.
MACD & RSI
MACD remained positive with narrowing histogram, indicating slowing momentum. RSI climbed into overbought territory (73–76), suggesting potential near-term profit-taking or pullback.
Bollinger Bands
Volatility slightly expanded during the session, with price fluctuating between the midline and upper band. No major contractions or breakouts occurred within the 5-minute timeframe.
Volume & Turnover
Volume and turnover remained within normal ranges, with no pronounced spikes or divergences. Activity was consistent with a sideways to bullish consolidation pattern.
Fibonacci Retracements
On the 5-minute chart, price tested the 61.8% retracement level of a recent swing, which acted as a temporary support. Daily chart retracements suggested possible support near $0.90 and resistance above $1.00.
Looking ahead,
may attempt a short-term breakout from its current range, but traders should remain cautious about overbought RSI and potential pullbacks. A breakdown below $0.92 could trigger further volatility and retesting of key supports.
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