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

Summary
• Price action showed a bullish reversal pattern near 0.01454 with a strong 61.8% Fib retest.
• Momentum shifted from bearish to neutral as RSI approached oversold territory and MACD turned positive.
• Volatility expanded after 00:00 ET with above-average volume driving a 0.04% price increase.

Test/Tether (TSTUSDT) opened at 0.01472 on 2025-12-13 12:00 ET, reached a high of 0.01503, a low of 0.01451, and closed at 0.01467 by 2025-12-14 12:00 ET. Total 24-hour volume was 12,256,236.6 and notional turnover was approximately $173,806.

Structure & Formations

A bearish decline from 0.01503 to 0.01451 was followed by a bullish reversal at the 61.8% Fibonacci level (0.01454), marked by a series of higher lows and a long lower shadow at 0.01456. A potential bullish engulfing pattern emerged between 0.01454 and 0.01457, suggesting short-term support is holding.

Moving Averages

On the 5-minute chart, price closed above the 20-period and 50-period moving averages, indicating short-term bullish momentum. Daily moving averages (50, 100, 200) appear to be in a neutral alignment, with price consolidating near the 50-period line.

MACD & RSI

The RSI dipped into oversold territory (below 30) during the low at 0.01451 and has since rebounded to neutral ground (~50), suggesting a potential short-term bottoming process. The MACD turned positive after 00:00 ET, with a narrowing histogram indicating waning bearish momentum.

Bollinger Bands

Volatility expanded after midnight as price moved from a narrow band contraction to a wide range. Price has since consolidated within the upper band, suggesting increased buying interest and potentially a breakout scenario.

Volume & Turnover

Volume spiked significantly in the early hours of 2025-12-14, particularly between 00:00 and 03:00 ET, with a corresponding rise in turnover. This confirms the strength of the recent rally, particularly between 0.01451 and 0.01471.

Fibonacci Retracements

Price retested the 61.8% Fib level at 0.01454 and bounced higher, aligning with the bullish reversal pattern. The 38.2% Fib (0.01476) appears to be acting as resistance on the 5-minute chart, with a potential test expected if buyers remain aggressive.

The price action suggests a short-term bullish bias is developing, particularly with support at 0.01454 holding. However, a pullback to retest this level may test buyers’ conviction before a sustained move higher can be confirmed. Traders should remain cautious of potential bearish divergence if volume fails to confirm further gains.