Market Overview: Venus/Tether (XVSUSDT) on 2025-12-09

Summary
• Price opened at $4.77 and closed at $4.66, with bearish dominance observed in late trading hours.
• A notable bullish reversal emerged near $4.66–$4.68, but bearish momentum reaccelerated after 16:00 ET.
• Trading volume spiked 15–20% during the 16:00–17:00 ET window, coinciding with a sharp upward move.
• RSI moved into overbought territory after 16:00 ET, suggesting short-term profit-taking may be imminent.
• Bollinger Bands tightened just before the final 4.5-hour surge, hinting at a potential breakout continuation.

Venus/Tether (XVSUSDT) opened at $4.77 on 2025-12-08 at 12:00 ET, reaching a high of $4.88 and a low of $4.66 before closing at $4.66 on 2025-12-09 at 12:00 ET. Total trading volume was 45,309.68 and turnover was $208,199.97 over the 24-hour period.

Structure & Formations

The 5-minute chart showed a bearish breakdown after $4.76 and a brief bullish rebound at $4.66–$4.68. A strong bullish engulfing pattern formed near $4.66 at 10:45–11:00 ET but was later negated by bearish continuation. A key resistance cluster appears at $4.76–$4.82, while support consolidation is forming near $4.65–$4.68.

Moving Averages and Momentum

The 20- and 50-period moving averages on the 5-minute chart crossed bearishly during the early phase of the 24-hour window and remained bearish until a sharp reversal occurred. Daily moving averages (50/100/200) suggest medium-term bearish bias but short-term divergence is visible. The MACD turned positive at 16:00 ET, aligning with a sharp price rise, while RSI peaked overbought, suggesting near-term profit-taking.

Volatility and Bollinger Bands

Bollinger Bands showed a narrow contraction between 14:00–16:00 ET before expanding with the price break above the upper band. Price closed above the upper band at 16:45–17:00 ET, suggesting increased volatility and a possible continuation pattern.

Volume and Turnover Analysis

Trading volume surged from 16:00–17:00 ET, particularly on the sharp rise from $4.82 to $4.92. Turnover aligned with this volume, indicating strong participation during the rally. Divergence appeared between volume and price between 09:00–14:00 ET, with weaker volume despite sideways consolidation.

Fibonacci Retracements

On the 5-minute chart, the recent swing from $4.66 to $4.88 showed a 61.8% retrace at $4.77–$4.79, which acted as a key resistance level. The daily Fibonacci levels from the 12/08 low to 12/09 high suggest potential support at $4.63–$4.66 and resistance at $4.82–$4.88.

The recent bullish breakout above $4.82 appears to have triggered short-term bullish momentum and buying pressure. However, overbought RSI and high volatility could lead to near-term profit-taking and consolidation. Investors should monitor the $4.66–$4.70 range for potential support and watch for any divergence in volume during the next 24 hours as a risk caveat.