Market Overview for Starknet/Tether (STRKUSDT): 24-Hour Summary

Summary
• STRKUSDT tested key support near 0.0855–0.0860 before consolidating.
• Price closed near 0.0861, suggesting short-term stabilization amid declining momentum.
• Bollinger Bands tightened midday, hinting at potential breakout or reversal.
• Volume surged after 09:15 ET, coinciding with a sharp price pullback.
• RSI remains in neutral territory, indicating no immediate overbought or oversold signals.

At 12:00 ET on 2025-12-17, Starknet/Tether (STRKUSDT) opened at 0.0911, reached a high of 0.0919, and a low of 0.0855 before closing at 0.0861 at 12:00 ET the next day. Total volume stood at 54,640,534.03, with a notional turnover of $4,744,237.

Structure & Formations

Price found temporary support between 0.0855 and 0.0860 during the afternoon and early evening hours, resisting further downside. A potential bullish engulfing pattern emerged after 09:15 ET as price rebounded from a 5-minute low of 0.0855. However, the pattern failed to confirm a strong reversal as price stalled near 0.0861–0.0865. No decisive doji or reversal formations appeared in the final hours, but a small bullish candle closed at 0.0861 after a 0.086–0.0862 range.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages crossed in the afternoon, indicating a bearish tilt. The 50-period MA remained above 0.0870 for most of the session, while the 20-period MA drifted lower as price declined.

The 200-period daily MA is currently at approximately 0.0895, with STRKUSDT remaining below this long-term benchmark.

MACD & RSI

The 12/26 MACD crossed to the negative side in the evening session, suggesting bearish momentum. RSI hovered in the 40–50 range for most of the day, with a brief excursion to 35 during the 9:15–9:45 ET pullback. This implies moderate oversold conditions but not a strong signal for a reversal. The RSI’s inability to rise above 50 during recovery attempts suggests bearish bias continues.

Bollinger Bands

Bollinger Bands tightened significantly from 09:00 to 10:00 ET, with price oscillating within a narrow range of 0.0860–0.0865. This contraction may signal a potential breakout or reversal, depending on volume confirmation. Price remained below the 20-period SMA within the bands for most of the session, showing continued bearish pressure.

Volume & Turnover

Volume spiked sharply at 09:15 ET to over 4.3 million, coinciding with the lowest price of the session at 0.0855. This suggests strong selling pressure at that level. Turnover was proportionally high during this time, confirming the move rather than signaling divergence. Volume remained subdued during the afternoon and early evening, but ticked higher after 14:00 ET as price edged higher toward 0.0869.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 5-minute swing from 0.0855 to 0.0869, the 23.6% retracement level aligned near 0.0864, where price briefly stalled. The 38.2% and 61.8% levels fall at 0.0867 and 0.0869, respectively. These levels could serve as potential resistance if the short-term trend reverses.

STRKUSDT may test the 0.0860–0.0865 range again in the next 24 hours as consolidation continues. However, a break below 0.0855 could reignite bearish momentum. Investors should remain cautious of thin volume and volatile swings as the market remains in a consolidation phase.