Summary
• Price moved from 5.421 to 5.4369, forming a bullish continuation pattern.
• RSI reached 58, suggesting moderate bullish momentum.
• Volume surged in the late hours of 2025-12-12, confirming price action.
• Bollinger Bands expanded, indicating rising volatility.
• No clear overbought or oversold conditions observed.
Tether/Brazilian Real (USDTBRL) opened at 5.421 on 2025-12-12 at 12:00 ET and closed at 5.4369 on 2025-12-13 at 12:00 ET, reaching a high of 5.4403 and a low of 5.3977. Total volume traded over 24 hours was 29,651,573.1 units, with a notional turnover of approximately 162,713,949.9 BRL.
Structure & Formations
Price action revealed a strong bullish trend in the late hours of 2025-12-12, with a notable bearish pullback in the early morning of 2025-12-13.
A bullish engulfing pattern formed between 23:15 and 00:00, signaling a potential short-term reversal from bearish to bullish momentum. A key support level appears to be forming around 5.4336–5.4338, with resistance strengthening near 5.4349–5.4355.
Indicators & Momentum
The 5-minute chart showed a 20-period EMA (5.4351) and 50-period EMA (5.4342) in close alignment, supporting a neutral to bullish bias. The daily chart suggested a longer-term bullish structure with the 50-period SMA (not visible in 5-min data) likely above key support. RSI (14) reached a high of 58, indicating moderate bullish momentum but not overbought conditions. The MACD line crossed above the signal line mid-day, reinforcing the bullish trend.
Volatility and Bollinger Bands
Bollinger Bands expanded significantly during the peak volatility period from 23:00 to 00:45, with price moving from near the lower band to the upper band. This suggests increased uncertainty and liquidity shifts. Price has since settled back toward the middle band, suggesting consolidation.
Volume and Turnover
Volume spiked late on 2025-12-12, especially between 21:00 and 01:00, coinciding with the most aggressive price rise. Notional turnover followed a similar pattern, confirming the bullish move. However, volume has since tapered off, with turnover stabilizing around 5.434–5.435. Divergence between price and volume is not currently evident.
Fibonacci Retracements
Applying Fibonacci retracements to the 5-minute swing from 5.3977 (low) to 5.4403 (high), key levels of 5.4186 (38.2%) and 5.4307 (61.8%) acted as psychological and technical barriers. Price showed hesitation at the 61.8% level before continuing upward, indicating potential consolidation ahead.
Over the next 24 hours, USDTBRL may test resistance near 5.4358–5.4362. A break above could signal a new bullish trend, while a pullback to 5.4336–5.4338 may offer a short-term buying opportunity. Investors should remain cautious about potential divergence or a reversal signal from the RSI or MACD in the coming session.
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