Summary
• STRKUSDT formed a bearish engulfing pattern near 0.1061-0.1054.
• Price tested 0.1030–0.1035 as a key support cluster twice.
• Volatility expanded after 22:00 ET, with a 1.5% range in one hour.
• RSI approached oversold levels near 28 but failed to reverse.
• Large volume spike at 15:00 ET coincided with a 0.1030 support break.
Starknet/Tether (STRKUSDT) opened at 0.1062 on 2025-12-13 12:00 ET and closed at 0.1030 by 12:00 ET on 2025-12-14. The price reached a high of 0.1062 and a low of 0.1020 over the 24-hour period. Total traded volume was approximately 8,128,184.06 STRK, with notional turnover of around $844,665.
Structure & Patterns
Early bearish momentum was reinforced by a bearish engulfing pattern between 17:00 and 17:15 ET, followed by a gradual decline into a key support zone around 0.1030–0.1035. A second
of this zone occurred after 15:00 ET, confirming its temporary resilience. A 5-minute bullish reversal near 0.1030 was observed but failed to sustain gains.
Moving Averages and Momentum
A 20-period moving average on the 5-minute chart crossed below a 50-period line, indicating short-term bearish momentum.
RSI fell to 28 during the final 5-minute candle, signaling near-oversold conditions, but no immediate reversal followed. MACD remained negative throughout the day, though it flattened near the end, hinting at potential short-term exhaustion in the downtrend.
Volatility and Bollinger Bands
Price traded near the lower Bollinger band for most of the session, especially after 10:00 ET, with volatility increasing sharply around the 0.1030 support. A 1.5% price swing occurred within an hour on December 14, between 22:00 and 23:00 ET, suggesting heightened sensitivity to short-term news or orders.
Volume and Turnover Dynamics
Volume spiked at 15:00 ET, coinciding with the 0.1030 support test, and remained elevated during the 14:45–15:00 ET and 15:00–15:15 ET periods. Turnover diverged slightly from price in the 16:00–17:00 ET window, suggesting some internal struggle between buyers and sellers.
Fibonacci Retracement Levels
Fibonacci levels drawn from the 0.1062 high to the 0.1020 low indicated 0.1039 (38.2%) as a possible near-term resistance and 0.1027 (61.8%) as a potential next support level. Price briefly tested 0.1039 but failed to hold above it.
A potential pullback to test 0.1030–0.1035 again may occur, but a break below 0.1027 could accelerate the downward trend. Investors should remain cautious for a potential short-term bounce or continued bearish pressure depending on order flow.
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