Market Overview for Tutorial/USDC on 2025-12-17

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Dec 17, 2025 5:48 am ET1min read
USDC
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TUT
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Aime RobotAime Summary

- TUTUSDC/USDC price dropped 3.5% to 0.01249, forming a bearish engulfing pattern near session lows with key support at 0.01249.

- RSI entered oversold territory below 30 while MACD turned bearish, confirming weakening momentum despite potential short-term bounces.

- Volatility spiked after 20:00 ET with 25,711.0 volume peak as price remained below Bollinger Bands' 2σ level, signaling elevated bearish pressure.

- Fibonacci levels at 0.01264 (61.8%) and 0.01276 (38.2%) emerged as critical short-term support/resistance, with 50% retracement potentially acting as a ceiling if buyers re-enter.

Summary
• Price declined from 0.01288 to 0.01249, forming a bearish engulfing pattern near session lows.
• RSI and MACD signal weakening momentum, with RSI entering oversold territory.
• Volatility expanded after 20:00 ET, with volume peaking at 25,711.0 as price dropped 3.5%.
• Bollinger Bands show recent contraction followed by expansion, suggesting potential for a breakout.
• Fibonacci retracement levels at 0.01264 and 0.01248 may serve as key short-term support/resistance.

Tutorial/USDC (TUTUSDC) opened at 0.01283 on 2025-12-16 at 12:00 ET, reached a high of 0.01299, and closed at 0.01249 on 2025-12-17 at 12:00 ET, with a low of 0.01249. Total volume was 641,871.0, and turnover was approximately 7,955.85 (TUTUSDC * volume).

Structure & Formations


Price action revealed a bearish engulfing pattern from 20:30 ET to 20:45 ET, confirming a shift in sentiment to the downside. A key support level formed near 0.01249, where price consolidated for several hours. A prior resistance level at 0.01276 has now become a dynamic support as price retraced back to the level.

MACD & RSI


The 12-26-9 MACD turned bearish in the afternoon as the price declined, with the signal line crossing below the MACD line. RSI dropped below 30 in the final hours, signaling potential oversold conditions. While this could suggest a bounce, caution is warranted as the bearish momentum remains intact.

Bollinger Bands


Bollinger Bands showed a period of contraction during the early morning hours but expanded sharply as price broke below the lower band.
Price has remained below the 2σ level for most of the session, suggesting elevated volatility and a potential bounce from the band floor.

Volume & Turnover


Volume spiked in the late afternoon and evening as the price declined, reaching a peak of 25,711.0 during the 20:30–20:45 ET period. Turnover also rose in line with the price drop, showing that the bearish move was supported by increased selling pressure. No significant divergence between price and turnover was observed.

Fibonacci Retracements


A 5-minute retracement from the high of 0.01299 to the low of 0.01249 shows key levels at 38.2% (0.01276) and 61.8% (0.01264). Price appears to have found temporary support at the 61.8% level before declining further. On the daily chart, the 50% retracement level from the prior week’s high may act as a potential short-term ceiling if buyers re-enter.

Looking ahead, price may test the 0.01249 level for a possible consolidation phase, with a potential rebound expected if RSI shows signs of recovery. However, traders should remain cautious of continued bearish momentum if the 0.01249 level is breached.