Market Overview for Venus/Tether (XVSUSDT)

Summary
• Price action showed a bearish reversal on 5-minute charts with a key breakdown below $4.08.
• Volume spiked late in the session, confirming renewed bear pressure.
• RSI entered oversold territory, hinting at possible near-term consolidation.
• Bollinger Bands widened significantly as volatility increased during late ET hours.
• Fibonacci retracement levels suggest critical support near $3.95 and $3.90.

Market Overview

At 12:00 ET on December 24, 2025, Venus/Tether (XVSUSDT) opened at $4.08, reached a high of $4.13, and closed at $3.95 after hitting a low of $3.93. Total volume for the 24-hour period was 15049.19, with a notional turnover of 49.

Structure & Formations

Price action on the 5-minute chart displayed a bearish breakdown below key support at $4.08, confirmed by a dark cloud cover and a long lower shadow. A key bearish engulfing pattern emerged around 21:00 ET as price moved from $4.13 to $4.11.

A series of lower highs and lower lows followed, forming a descending channel. The 24-hour low at $3.93 was a critical level that if breached further could open the door to $3.90.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages were trending downward, with price consistently trading below both. On the daily timeframe, the 50-period MA held at $4.10 as resistance, while the 200-period MA sat at $4.05, offering a potential pivot level for a short-term bounce. Price closed below all major moving averages, reinforcing the bearish bias.

MACD & RSI

The MACD crossed below the zero line and remained negative throughout the session, with bearish divergence visible in the final hours. RSI dropped into oversold territory below 30 near the close, indicating the possibility of a near-term pause in the downward move. However, without a clear reversal on the next session, the oversold condition could fail to produce a meaningful rebound.

Bollinger Bands

Bollinger Bands expanded significantly in the final 12 hours of the session, reflecting heightened volatility as price moved from $4.13 to $3.93. By the close, price had settled near the lower band, signaling a continuation of bearish momentum. A break below the 20-period lower Bollinger band could signal further weakness ahead.

Volume & Turnover

Trading volume spiked sharply during the late ET session, especially between 00:00 and 03:00 ET, confirming bearish momentum as price fell through multiple support levels. Notional turnover also increased in tandem with volume, indicating a high degree of conviction among sellers. Divergence between price and turnover was not observed, suggesting continued seller dominance.

Fibonacci Retracements

Applying Fibonacci levels to the recent 5-minute swing from $4.13 to $3.93, key retracement levels are at $4.04 (38.2%) and $3.98 (61.8%). On the daily chart, the Fibonacci extension of the larger move from $4.13 to $3.93 suggests potential support at $3.90 and resistance at $4.10. Traders may watch these levels for potential reversal or continuation signals.

The market appears to be entering a phase of higher volatility and bearish momentum, with critical support levels near $3.95 likely to be tested in the near term. While RSI suggests a possible short-term pause, the overall trend remains bearish. Investors should be cautious and watch for potential breakdowns below $3.95, as this could trigger further downside.