Market Overview: Tether/Zloty (USDTPLN) on 2025-12-20

Saturday, Dec 20, 2025 11:04 am ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- Tether/Zloty (USDTPLN) formed a bearish engulfing pattern at 3.597 after failing to break above 3.602, signaling short-term downward bias.

- RSI entered overbought territory at 3.602 but declined in the final 5 hours, while Bollinger Bands showed midday contraction followed by expansion.

- Volume spiked at key levels (3.602/3.593) and Fibonacci retracements highlighted 3.598 (38.2%) and 3.593 (61.8%) as critical support/resistance.

- Price consolidation near 3.596-3.597 with declining volume at upper bands suggests potential resistance, with 3.595-3.593 likely to dictate next directional moves.

Summary
• Price action formed a bearish divergence in the final 5 hours, with volume declining despite price consolidation near 3.595.
• RSI entered overbought territory in the early morning, but failed to trigger a sustained breakout above 3.602.
• Bollinger Bands showed a slight contraction midday, followed by a modest expansion as price tested lower boundaries.
• A bearish engulfing pattern formed at 3.597 after a bullish push failed, suggesting short-term bearish bias.
• Notional turnover spiked sharply at 3.602, but failed to hold above that level, indicating potential resistance.

Tether/Zloty (USDTPLN) opened at 3.598 on December 19, touched a high of 3.602, a low of 3.593, and closed at 3.597 at 12:00 ET. Total volume for the 24-hour window was 199,750. Total notional turnover came in at approximately PLN 697,919.

Structure & Formations


Price action showed a bearish engulfing pattern at 3.597, following a failed rally to 3.602. A small doji formed at 3.598 in the late evening, hinting at indecision. Support levels appear to be forming between 3.595 and 3.593, with 3.597 acting as a key pivot.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages showed a slight bearish crossover in the late morning. Daily moving averages (50/100/200) remained aligned, with the 50-period line hovering near 3.596, suggesting potential resistance ahead.

MACD & RSI


MACD showed a bearish crossover in the late evening, with a declining histogram.
RSI moved into overbought territory at 3.602 but failed to sustain the move. A bearish divergence emerged in the last 5 hours, with price consolidating while RSI fell.

Bollinger Bands


Volatility contracted around 3.596 midday, followed by a modest expansion as price approached the lower band. Price remained within the band for most of the session, with no clear breakouts observed.

Volume & Turnover


Volume surged at 3.602 and again at 3.593, suggesting key resistance and support levels. Turnover confirmed price consolidation around 3.596–3.597, with a notable drop in volume as price approached the upper band.

Fibonacci Retracements


A 38.2% Fibonacci retracement level was observed at 3.598, where price stalled multiple times. A 61.8% retracement at 3.593 acted as strong support, with price bouncing from that level twice during the session.

Tether/Zloty could face renewed bearish pressure if the 3.595 level breaks, with a probable target near 3.593. Traders may watch for a potential rebound, but should remain cautious of increased volatility and risk of a deeper correction.