Market Overview: Terra/Tether 24-Hour Movement

Summary
• Price dropped 5.5% on 24-hour timeframe, forming bearish engulfing pattern at 0.1811–0.1789.
• Volatility expanded from 0.1789 to 0.1835, with volume spiking at 0.1807–0.1776.
• RSI hit 45 at close, suggesting potential oversold conditions; MACD crossed below zero.
• Bollinger Bands widened, with price approaching the lower band, signaling possible reversal.
• 50-period moving average breached support at 0.1790, confirming downward bias.

Terra/Tether (LUNAUSDT) opened at 0.1769 on 2025-12-13 at 12:00 ET, peaked at 0.1835, and closed at 0.1622 on 2025-12-14 at 12:00 ET, recording a 24-hour low of 0.1617. Total volume reached 106,517,695.26, while turnover hit approximately $17,221,782.

Structure & Formations

Price action revealed a strong bearish reversal at 0.1807–0.1776, marked by a long upper shadow and a bearish engulfing pattern. A doji formed near 0.1789, signaling indecision. The 50-period moving average (0.1790) now acts as key support, which was decisively breached, suggesting further downside could follow if the 0.1765 level is tested.

Volatility and Momentum Indicators

Bollinger Bands expanded significantly, reflecting growing uncertainty. Price has closed near the lower band, hinting at possible oversold conditions. RSI declined to 45, indicating bearish momentum may be maturing, while MACD turned negative, confirming a near-term downtrend.

Volume and Turnover Dynamics

Trading volume surged at key breakouts and breakdowns, especially between 0.1807 and 0.1776, where a large bearish candle consumed a bullish one. Turnover confirmed the volume spike, showing no divergence with price, thus reinforcing the validity of the move lower.

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Fibonacci and Key Levels

Fibonacci retracements from the recent high of 0.1835 to the low of 0.1617 indicate key support at 0.1737 (38.2%) and 0.1686 (61.8%). The 0.1625 level now appears a critical area to watch, where a 38.2% retracement from the recent swing low may stabilize the pair.

In the coming 24 hours, a break below 0.1625 may trigger further momentum to the 0.1608 level. Investors should monitor for volume confirmation at key Fibonacci levels and watch for a potential bullish reversal if RSI dips below 30 and MACD shows divergence.