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Summary
• Price formed a bearish engulfing pattern near 0.1175–0.1186 during early ET hours.
• Volatility increased as STRKUSDT drifted below its 20-period moving average.
• RSI entered oversold territory, hinting at potential short-term stabilization.
• Bollinger Bands widened, reflecting growing uncertainty and potential for a breakout.
Starknet/Tether (STRKUSDT) opened at 0.1175 on 2025-12-09 at 12:00 ET, reached a high of 0.1191, fell to a low of 0.1118, and closed at 0.1123 on 2025-12-10 at 12:00 ET. Total volume for the 24-hour window was approximately 85,867,000, with a turnover of about 9,470
.Structure & Formations
A bearish engulfing pattern developed between 17:00 and 17:15 ET, confirming a shift in sentiment as prices fell from 0.1175 to 0.1180. A key support level appears to have formed near 0.1150, where the pair found temporary relief. A doji formed near 0.1121–0.1122 in the late hours of ET, indicating indecision.
Moving Averages
On the 5-minute chart, STRKUSDT closed below its 20- and 50-period moving averages, reinforcing bearish momentum. Daily moving averages (50/100/200) remain untested within the 24-hour window, but the 50-period line appears to be near 0.1175, a level that may serve as a pivot point.
MACD & RSI
MACD remained in negative territory for much of the session, with bearish divergence observed in the early hours.

Bollinger Bands
Volatility expanded significantly during the session, as seen in the widening of Bollinger Bands. Price drifted near the lower band during the final hours, indicating potential exhaustion or consolidation.
Volume & Turnover
Volume increased during the morning hours but remained relatively subdued as the pair approached the 0.1118 low. Notional turnover aligned with price action, suggesting no major divergences.
Fibonacci Retracements
Fibonacci levels applied to the most recent swing high and low (0.1191–0.1118) suggest key levels at 0.1158 (38.2%) and 0.1139 (61.8%). These levels may act as support or resistance in the near term.
STRKUSDT appears to be consolidating near 0.1123, with momentum indicators suggesting exhaustion in the short term. While the path of least resistance is downward, an attempted test of the 0.1139 level could offer a buying opportunity. Investors should remain cautious and monitor for a breakout or breakdown in the next 24 hours.
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