Market Overview for TerraClassicUSD/Tether (USTCUSDT) on 2025-12-16

Summary
• Price action shows a key support level forming near 0.00655 after a sharp 5-minute decline from 0.00688.
• RSI and MACD signal weakening bullish momentum, with price nearing oversold territory.
• Volatility spikes in the late ET session, with Bollinger Bands widening after a contraction.
• Volume surges at 23:45 ET, coinciding with a large candle range and a breakout of 0.0065.

24-Hour Price and Volume Summary

TerraClassicUSD/Tether (USTCUSDT) opened at 0.00684 on 2025-12-15 at 12:00 ET, peaked at 0.00688, and bottomed at 0.00642 before closing at 0.00668 on 2025-12-16 at 12:00 ET. Total volume for the 24-hour period was 99,998,111.0 units, with notional turnover reaching $680,000 (estimating $0.00668 average price).

Structure and Momentum Analysis

The price action developed a bearish breakdown from a key resistance cluster between 0.00679 and 0.00685, followed by a consolidation near 0.00655–0.00660. A long lower wick and wide range candle at 23:45 ET (0.00642–0.0071) suggest volatility expansion after a period of tightening Bollinger Bands.

. The RSI dipped below 30 by 03:00 ET, indicating potential oversold conditions, but was not followed by strong buying. MACD remained in negative territory with no clear bullish crossover, suggesting weak momentum.

Volume and Turnover Insights

Volume spiked sharply at 23:45 ET with a 5-minute bar of 99,998,111.0 units, the highest in the 24-hour window. This volume confirmed the large price swing from 0.00642 to 0.0071, suggesting a significant move in either order imbalance or a large trader action. Turnover also surged at this time, aligning with the price break. However, the subsequent volume remained relatively muted, indicating a possible short-term exhaustion of the downward leg.

Key Levels and Fibonacci Retracements

Support appears to be consolidating at 0.00655–0.00660 after several 5-minute bars tested this range. Resistance levels may form at 0.00668–0.0067, where price previously bounced or stalled. A Fibonacci 50% retracement of the 23:45 ET swing (0.00642–0.0071) aligns with 0.00676, which could serve as a near-term pivot point.

The market may attempt a test of the 0.00668–0.0067 resistance in the next 24 hours. However, weak momentum and divergences in volume and price suggest caution. A break below 0.00655 could trigger further downside risk, while a rebound above 0.00668 may offer a short-term recovery. Investors should monitor for a decisive close above or below these levels.