Market Overview for TrueFi/Tether (TRUUSDT): Range-Bound Trading Amid Low Volatility

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Dec 23, 2025 3:58 pm ET1min read
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Aime RobotAime Summary

- TrueFi/Tether (TRUUSDT) traded range-bound between 0.0086 and 0.0089 on 2025-12-23, closing at 0.0088 with moderate volume.

- A bearish engulfing pattern and weak RSI/MACD signaled indecision, while Bollinger Bands showed compressed volatility within defined ranges.

- Key Fibonacci support at 0.0086 (38.2% retracement) held, but a break below could test 0.00875, with no clear directional bias emerging.

Summary
• Price remained range-bound between 0.0086 and 0.0089, with no clear directional bias.
• Volume and turnover remained moderate, with no significant divergences.
• A bearish engulfing pattern formed early in the session, followed by consolidation.
• RSI and MACD showed weak momentum, with no overbought or oversold signals.
• Volatility remained compressed within Bollinger Bands, suggesting indecision.

At 12:00 ET on 2025-12-23, TrueFi/Tether (TRUUSDT) opened at 0.0090, reached a high of 0.0090, touched a low of 0.0086, and closed at 0.0088. The 24-hour volume was approximately 66.9 million TRU, with a notional turnover of roughly $581,120.

Structure & Formations


Price remained in a tight trading range for most of the session, with key support forming around 0.0086 and resistance near 0.0089. An early bearish engulfing pattern indicated potential short-term bearish pressure, but buyers reasserted control by mid-session. Doji and small-bodied candles later in the session suggested indecision, with no clear reversal or breakout signals emerging.

Volume & Turnover


Volume and turnover were relatively uniform throughout the day, with no large spikes or divergences. A moderate increase in volume was observed during the 0545–0615 ET period, coinciding with a slight pullback, but this failed to break below key support. The lack of divergences suggests continued consolidation rather than a potential reversal.

Moving Averages and Bollinger Bands


On the 5-minute chart, the price hovered below both the 20 and 50-period moving averages, signaling bearish momentum. Bollinger Bands showed a moderate contraction in volatility, with prices staying within the upper and lower bands without reaching extremes. This suggests limited pressure from either buyers or sellers.

Momentum and Oscillators


RSI remained neutral, fluctuating in the mid-range without entering overbought or oversold territory. The MACD showed a flat line with no clear bullish or bearish signal, indicating weak momentum. These readings are consistent with the overall indecisive tone of the session.

Fibonacci Retracements


Key Fibonacci levels from the earlier bearish move were aligned with the observed range between 0.0086 and 0.0089. Price found support at the 38.2% retracement level (0.0086), which could serve as a near-term reference. A break below this level could trigger a test of the 61.8% level at 0.00875.

Looking ahead, the pair appears to be in a period of consolidation, with no clear catalyst pushing it above or below its defined range. Investors may want to watch for a break of key levels or a significant increase in volume as potential signals for a shift in direction. As always, volatility and price action can be swift and unpredictable in crypto markets.