Market Overview: Syscoin/Tether (SYSUSDT) – 24-Hour Analysis

Wednesday, Dec 10, 2025 5:12 pm ET1min read
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- SYSUSDT formed a bearish 5-minute engulfing pattern at 0.0216, with volume spiking during a breakdown below 0.0213.

- RSI entered oversold territory near 0.0211 while Bollinger Bands narrowed, suggesting potential volatility expansion ahead.

- Fibonacci levels at 0.02127/0.02141 acted as key support/resistance as 24-hour turnover hit $103.27M amid bearish consolidation.

- Price closed at 0.02094 after failing to reclaim 0.0213, with further downside risk below 0.02092 if momentum persists.

Summary
• Price action formed a bearish 5-minute engulfing pattern near 0.0216.
• Volume spiked sharply during a late-night breakdown below 0.0213.
• RSI suggests momentum weakening in oversold territory around 0.0211.
• Bollinger Bands narrow mid-session, hinting at potential volatility expansion.
• Fibonacci levels at 0.02127 and 0.02141 appear to act as temporary support/resistance.

Syscoin/Tether (SYSUSDT) opened at 0.02157 at 12:00 ET-1, hit a high of 0.02179 and a low of 0.02063, closing at 0.02094 at 12:00 ET today. Total volume was 4.95 million, with a turnover of 103.27 million USD over 24 hours.

Structure & Formations


Price action on the 5-minute chart showed a bearish engulfing pattern as the pair closed below the prior candle’s body at 0.0216. A significant breakdown occurred after 10:30 PM ET, dropping below 0.0213 with a large volume spike. Later, price consolidated near 0.0211, forming potential support at 0.02112 and resistance at 0.02127 on Fibonacci retracements from the prior move.

Moving Averages and Momentum


Short-term (20/50) moving averages on the 5-minute chart remained bearish, with price below both. RSI dipped into oversold territory below 30, indicating potential for a short-term bounce. However, momentum appears weak, and price is failing to reclaim above 0.0213, which could signal further consolidation or a follow-through sell-off.

Volatility and Bollinger Bands


Bollinger Bands showed a period of contraction between 10:00 AM and 3:00 PM ET, suggesting a calm before a potential breakout. Price closed near the lower band, reinforcing the bearish tone. However, the lack of volatility expansion implies caution from traders ahead of potential catalysts.

Volume and Turnover


The largest volume spike occurred between 10:30 PM and 12:00 AM ET, coinciding with the breakdown below 0.0213.
Notional turnover surged during this period, indicating conviction in the move lower. Price and turnover aligned during this phase, suggesting a genuine shift in sentiment rather than a transient dip.

Over the next 24 hours, SYSUSDT may test the 0.0212–0.0213 level for potential bounce or continuation. Traders should watch for a break below 0.02092, which could accelerate the trend. As always, unexpected news or broader market shifts could override technical signals, so caution is warranted.