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

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Dec 16, 2025 7:06 am ET1min read
USDT
--
Aime RobotAime Summary

- Test/Tether (TSTUSDT) formed a bullish engulfing pattern after dipping to 0.01371, closing near 0.01407 with 24.9M volume.

- RSI hit oversold 29 at 0.01374 before rebounding, while Bollinger Bands contracted then expanded as momentum shifted.

- Key support at 0.01374-0.01377 and resistance at 0.01408-0.01410 emerged, with price hovering near 61.8% Fibonacci level at 0.01397.

- 50-period MA provided afternoon support despite short-term bearish crossover, suggesting potential 0.01410 test but caution due to mixed momentum signals.

Summary
• Price dipped to 0.01371 before rebounding to close near 0.01407, forming a bullish engulfing pattern.
• Volatility expanded in the first half of the day, with a notable volume spike at 19:30–20:15 ET.
• RSI signaled oversold conditions at 0.01374, followed by a strong rebound toward neutral territory.
• Bollinger Bands showed a contraction in the morning, expanding later as momentum picked up.
• 50-period MA crossed below 20-period MA mid-day, suggesting short-term bearish pressure.

At 12:00 ET–1, Test/Tether (TSTUSDT) opened at 0.01397, touched a low of 0.01371, and closed at 0.01407. Total volume reached 24.9 million, with turnover at $346,256. The price action showed a strong short-term rebound after a bearish move.

Structure & Formations


The price action revealed a key support level around 0.01374–0.01377, where a bullish reversal occurred. A notable bullish engulfing pattern formed after a mid-day breakdown, suggesting potential for a short-term rally.
A doji appeared at 0.01390, indicating indecision. Resistance now lies at 0.01408–0.01410, with 0.01371 acting as immediate support.

Moving Averages


On the 5-minute chart, the 20-period MA crossed below the 50-period MA in the afternoon, indicating short-term bearish momentum. However, the 50 MA acted as a support level in the latter half of the day. Daily MAs are aligned to the upside, though short-term indicators show mixed signals.

Momentum & Volatility


RSI dropped to 29 in the early hours, signaling oversold conditions, followed by a sharp rebound into neutral territory. MACD turned positive in the second half of the day, aligning with the price rebound. Bollinger Bands narrowed in the morning, indicating low volatility, before expanding as price moved away from the 20-period MA.

Volume and Turnover


Volume spiked at 0.01388–0.01374 during the afternoon, aligning with the price breakdown. Notional turnover increased alongside the price rebound in the last 4 hours, suggesting strong participation. No significant divergence between price and volume was observed.

Key Levels and Fibonacci Retracements


Fibonacci retracement levels of the 0.01371–0.01408 swing showed 61.8% at 0.01397 and 38.2% at 0.01390, both of which acted as key levels. Price hovered near the 61.8% level at the close, suggesting potential for a pullback or continuation.

Looking ahead, the next 24 hours may see a test of 0.01410 and 0.01371. A close above 0.01410 could trigger a short-term rally, while a breakdown below 0.01374 may extend the downtrend. Investors should remain cautious due to mixed momentum signals.