Market Overview for Usual/Tether (USUALUSDT)

Summary
• Price surged 0.0024 (10.7%) from 0.0242 to 0.0266 amid heavy volume in late ET morning.
• Strong bullish momentum confirmed by RSI over 60 and MACD crossover.
• Volatility expanded significantly as price broke through upper Bollinger Band.
• Key resistance appears to be forming near 0.0267–0.0269.

The pair opened at 0.0242, reached 0.0269, and closed at 0.0263 by 12:00 ET on 2025-12-21. Total 24-hour volume was approximately 62,397,188.5, with a notional turnover of $1,570,531.

Structure & Moving Averages

Price formed a strong bullish breakout from a consolidation range on the 5-minute chart, with the 20-period moving average now acting as support. Daily moving averages (50, 100, 200) are still well below current price action, suggesting short-term strength may not be confirmed by longer-term trends.

Momentum & Volatility

RSI climbed to 65 mid-session, indicating sustained buying pressure, while MACD showed a strong positive crossover, supporting further upside. Volatility surged as the price broke above the upper Bollinger Band, signaling heightened risk and potential for a retracement.

Volume & Divergence

Volume spiked dramatically between 08:15 and 09:00 ET, with over 17 million contracts traded during a sharp 0.0017 rally. No significant price-volume divergence observed, reinforcing the strength of the breakout.

Fibonacci Retracements

The 61.8% Fibonacci level at 0.0259 was quickly breached, pushing price toward 0.0267–0.0269 as a potential next resistance cluster. A pullback to 0.0251–0.0252 could offer a key support test in the next 24 hours.

Looking ahead, traders may watch for a retest of 0.0263–0.0266. A close above 0.0267 could confirm a new short-term bull trend, but large swings are likely as volatility remains elevated. Investors should be cautious of rapid reversals in the event of a pullback.