Market Overview: Test/Tether (TSTUSDT) 24-Hour Analysis

Sunday, Dec 28, 2025 6:51 am ET1min read
Aime RobotAime Summary

- TSTUSDT broke below key 0.01892 support with a bearish engulfing pattern at 00:15 ET, confirming downward momentum.

- Volatility spiked to 5.46M volume at 01:45 ET without price recovery, highlighting bearish exhaustion despite 0.01829 floor.

- RSI and MACD entered oversold territory by 08:00 ET, suggesting potential short-term bounce but maintaining dominant bearish bias.

- Bollinger Bands widened after 02:00 ET while price approached lower band by 09:00 ET, signaling increased volatility and oversold conditions.

- 61.8% Fibonacci level at 0.01829 held as critical support, but 0.0176 break could trigger accelerated decline amid fragile equilibrium.

Summary
• Price action shows a bearish breakdown from key 5-minute resistance at 0.01899–0.01905.
• Volatility spiked at 01:45 ET with a high-low range of 0.0189–0.01898, indicating strong selling.
• RSI and MACD diverged into oversold territory, suggesting potential for a short-term bounce.
• Bollinger Bands widened after 02:00 ET, signaling increasing volatility and uncertainty.
• Volume surged to 5.46M at 01:45 ET without significant price recovery, highlighting bearish exhaustion.

At 12:00 ET–1, Test/Tether (TSTUSDT) opened at 0.01899, reached a high of 0.01905, and a low of 0.0176, closing at 0.01767 at 12:00 ET. Total volume for the 24-hour period was 23,787,568.9 and notional turnover reached 418,228.72.

Structure & Formations


Price broke below the critical 0.01892 support level early in the session and formed a bearish engulfing pattern at 00:15 ET. A series of small-bodied, lower-shadowed candles followed, indicating bearish control. The 0.01829 level acted as a key floor, with price failing to break below it during the 01:45 ET print.

Moving Averages


On the 5-minute chart, price remained well below the 20SMA and 50SMA for most of the session, reinforcing the short-term downtrend. On the daily chart, closed below both the 50D and 200D SMA, suggesting intermediate-term bearish bias.

MACD & RSI


The MACD crossed into negative territory early, with the line remaining below the signal line for the rest of the session. RSI dropped into oversold territory by 08:00 ET and remained there, suggesting potential for a corrective bounce, though bearish momentum remains dominant.

Bollinger Bands


Bollinger Bands remained wide for much of the session, especially after 02:00 ET, reflecting increased volatility. Price moved closer to the lower band by 09:00 ET, indicating oversold conditions and potential for a near-term bounce.

Volume & Turnover


Volume spiked significantly at 01:45 ET (5.46M) and 02:15 ET (5.23M) as price moved lower, with turnover confirming the bearish bias. However, after 09:00 ET, volume began to moderate without corresponding price movement, hinting at a potential short-term equilibrium.

Fibonacci Retracements

A key retracement level at 0.01829 (61.8% of the 0.01899–0.01766 swing) was tested and held, preventing further downside. Price may now find support near the 38.2% retracement at 0.01855 in the near term.

TSTUSDT appears to have found a temporary floor near 0.0176–0.0177, but with RSI and MACD still in bearish territory, a rebound may be short-lived. Investors should watch for a potential break of the 0.0176 level, which could trigger a faster decline. As with any volatile market, position sizing and stop-loss placement remain critical to risk management.