Market Overview: Sun/Tether 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 18, 2025 5:04 am ET1min read
USDT
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Aime RobotAime Summary

- SUNUSDT fell 0.6% in 24 hours with RSI near oversold and bearish momentum confirmed by Bollinger Band contraction and volume spikes.

- Price consolidated below key support at 0.02005-0.02007, with MACD divergence and 20-period MA break reinforcing downward bias.

- Fibonacci analysis suggests potential bounce near 0.02007 but continuation below this level would signal further bearish pressure toward 0.01996.

Summary
• Price declined 0.6% over 24 hours, forming bearish momentum with RSI approaching oversold.
• Bollinger Bands narrowed mid-day before a sharp drop, indicating increased volatility.
• Volume surged during the downward leg, reinforcing bearish conviction.
• No clear candlestick reversal patterns observed, with price consolidating below key support.
• Fibonacci retracement levels suggest potential bounce near 0.02005 but bearish continuation likely.

Sun/Tether (SUNUSDT) opened at $0.02033 on 2025-12-17 at 12:00 ET and closed at $0.02004 on 2025-12-18 at 12:00 ET, with a high of $0.02041 and a low of $0.01996. Total volume amounted to 11,999,420 and notional turnover was approximately $241,088 over the 24-hour period.

Structure and formations reveal a sustained downward trend with no significant bullish candlestick patterns emerging. Key support levels appear to be forming around the 0.02005–0.02007 range, while resistance remains at 0.02028–0.02032. The price has tested and broken through the 20-period moving average on the 5-minute chart, reinforcing a bearish bias.

MACD has flattened with negative divergence, indicating weakening bullish momentum. RSI is approaching oversold territory, but without a clear reversal, the bearish pressure may continue. Bollinger Bands have contracted mid-cycle before expanding sharply with the drop, signaling increased volatility and potential continuation of the trend.

Volume spiked during the late ET hours, particularly after 05:00 ET, confirming the bearish breakdown. Notional turnover aligned closely with the volume spike, suggesting strong conviction in the move lower. Divergence is not evident between price and turnover, supporting the bearish case.

On the 5-minute chart, Fibonacci retracement levels from the key high of $0.02041 to the low of $0.01996 indicate 38.2% at $0.02022 and 61.8% at $0.02007. Price appears to have stalled near the 61.8% level, suggesting a potential bounce or consolidation, but continuation below 0.02005 would be a strong bearish signal.

Looking ahead, a test of the 0.01996 intraday low could be imminent, with potential for further downside. Investors should remain cautious about short-term volatility and consider monitoring volume dynamics for confirmation of any reversal. A rebound above 0.02007 could offer limited short-term relief but is unlikely to reverse the larger bearish trend.