Market Overview for TerraClassicUSD/Tether (USTCUSDT)

Summary
• USTCUSDT opened at $0.00809 and closed at $0.0077, forming a bearish decline amid increasing bearish momentum.
• A key support level appears near $0.0076–0.0077, with a sharp 5-minute drop below $0.00767 signaling possible continuation.
• Volume expanded significantly during the decline, confirming bearish conviction despite no major RSI divergence.

The TerraClassicUSD/Tether (USTCUSDT) pair opened at $0.00809 on 2025-12-13 at 12:00 ET and closed at $0.0077 at 12:00 ET on 2025-12-14. The 24-hour high was $0.00824, while the low reached $0.00754. Total volume amounted to 325,382,497.00, and notional turnover was $2,647,727.85.

Structure & Formations

Price action suggests a breakdown below key support at $0.00767 during the 02:45–03:00 ET window, confirmed by bearish engulfing patterns. A potential short-term resistance appears at $0.00775–0.00778, where the price stalled twice in the early morning hours.

Moving Averages

On the 5-minute chart, price has spent most of the session below the 50-period SMA and has not shown signs of retesting the 20-period SMA. On the daily chart, the 50-period MA at $0.00785 may now act as overhead resistance, while the 200-period MA remains neutral.

MACD & RSI

MACD turned bearish as the line crossed below the signal line after 19:00 ET, with bearish momentum persisting. RSI dropped below 30 in the early hours of the morning, indicating oversold territory but has not yet triggered a strong rebound.

Bollinger Bands

Volatility expanded significantly after 23:00 ET when the lower band dipped below $0.0076, and price action remained in the lower band for much of the session. The narrowing bands earlier in the session (before 19:00 ET) hinted at a possible breakout, which occurred to the downside.

Volume & Turnover

Volume surged during the sharp decline from $0.0080 to $0.0077, with the 23:00–00:00 ET window recording the highest turnover. No major volume divergence was observed between price and momentum indicators, suggesting a well-confirmed bearish trend.

Fibonacci Retracements

A key 61.8% Fibonacci level from the $0.00754 low to the $0.00824 high aligns near $0.00775–0.00778. Price failed to hold this level, suggesting that the 38.2% retracement at $0.0079 may next face pressure if buyers re-enter the market.

The market appears to favor continued bearish pressure in the near term, with a potential test of the $0.0075–0.0076 range. Investors should remain cautious about a possible bounce from oversold levels, but a follow-through breakdown could trigger further volatility.