Market Overview: Four/USDC (FORMUSDC) – 24-Hour Analysis

Summary
• Price declined sharply from $0.3831 to $0.3317, forming a bearish breakdown from key resistance.
• RSI reached oversold levels around $0.332–$0.334, suggesting potential short-term bounce.
• Volume surged during the drop, confirming bearish sentiment but hinting at exhaustion.
• Bollinger Bands widened with price near the lower band, indicating high volatility.
• A bullish hammer formed at the session close, signaling possible near-term reversal.

Market Overview

Four/USDC (FORMUSDC) opened at $0.3831 on 2025-12-17 at 12:00 ET and closed at $0.3351 on 2025-12-18 at 12:00 ET, with a low of $0.3317 and high of $0.3831. Total 24-hour volume reached approximately 859,666.9 units, with turnover of roughly $279,928.

The price formation showed a clear bearish bias, with a breakdown from the key 0.3802–0.3809 resistance into a new intraday low. A hammer candle at the close near 0.3332 suggests a short-term stabilization. RSI readings dropped to oversold territory (~30) during the decline, hinting at potential buying interest.

MACD showed a bearish crossover with negative momentum, aligning with the price drop. Bollinger Bands reflected increased volatility, with price touching the lower band and showing a possible bounce. Volume was elevated during the decline but started to contract as price stabilized, which could indicate a short-term pause in the downward move.

Fibonacci retracement levels from the 0.3831 high to the 0.3317 low indicate potential support at 38.2% (~0.3550) and 61.8% (~0.3600). If buyers hold at 0.3317–0.3324, a test of these levels may follow.

Looking ahead, traders should watch for a breakout above 0.3429–0.3435 for renewed bullish momentum, but bearish continuation remains probable if the 0.3317 level breaks again. Investors should remain cautious given the heightened volatility and mixed momentum signals.