Market Overview for Terra/Tether (LUNAUSDT)

Summary
• Price action showed a bearish breakdown from key resistance near 0.0950 to 0.0885, with 24-hour low at 0.0885.
• RSI and MACD signaled bearish momentum, with RSI dipping below 30 and MACD trending lower.
• Volatility expanded significantly in the latter half of the 24-hour period, with volume surging during the breakdown.
• Bollinger Bands expanded as price fell to the lower band, suggesting increased bearish pressure.
• Fibonacci levels indicate 0.0870 as next probable support, with a potential bounce or retest likely.

Terra/Tether (LUNAUSDT) opened at 0.0944 on 2025-12-29 12:00 ET, peaked at 0.0953, and closed at 0.0903 on 2025-12-30 12:00 ET, with a 24-hour low of 0.0885. Total volume traded was approximately 16,070,712.25 and turnover stood at around 1,470,293.85.

Structure & Formations

The price action over the 24-hour period displayed a clear bearish breakdown, with multiple candles showing strong bearish control, including long lower wicks and bearish engulfing patterns below key resistance at 0.0950. The breakdown was confirmed by a series of lower closes and failed attempts to retest the 0.0950 level.

Moving Averages

On the 5-minute chart, the price closed below both 20 and 50-period moving averages, reinforcing the bearish bias. Daily chart indicators suggest the price is also below the 50, 100, and 200-period MAs, indicating a continuation of the bearish trend.

Momentum and Indicators

MACD showed a bearish crossover with the signal line, and the histogram has been trending downward, indicating weakening bullish momentum. RSI has declined into oversold territory, below 30, which may suggest a short-term bounce is possible, though bearish pressure remains strong.

Volatility and Volume

Volatility increased sharply during the breakdown phase, with price reaching the lower Bollinger Band and staying within it. Volume surged during the breakdown and during the move into the 0.0885 area, confirming the bearish move. Notional turnover also rose during this time, aligning with price movement.

Key Support and Resistance

Immediate support is found at 0.0885, where the price reached a 24-hour low. A retest of 0.0900 may follow if buyers enter at the lower Bollinger Band. Resistance is at 0.0945 and 0.0950, which have repeatedly failed to hold.

The breakdown below 0.0950 and subsequent move toward 0.0885 suggests further downside is likely in the near term. A retest of the 0.0900–0.0905 range could offer an opportunity for short-term buyers, but the broader bearish trend appears intact. Investors should monitor volume and momentum indicators for signs of a potential reversal or continuation of the downtrend.