Market Overview for Viction/Tether (VICUSDT)

Summary
• VICUSDT declined from 0.0896 to 0.0860 amid moderate volume and bearish momentum.
• A sharp breakdown below 0.0880 confirmed bearish bias, with key support at 0.0866–0.0870.
• Volatility increased during late ET hours, but volume failed to confirm further downside.
• RSI and MACD suggest oversold conditions, hinting at possible near-term consolidation.
• Bollinger Band contraction in early session preceded a breakout, reinforcing short-term trend strength.

Viction/Tether (VICUSDT) opened at 0.0887 on 2025-12-17 12:00 ET, reached a high of 0.0900, and closed at 0.0860 by 12:00 ET the next day. Total volume was 661,440.13 with a notional turnover of $55,337.61. The pair experienced a distinct bearish shift, particularly after 22:00 ET, with volume surging during the key breakdown.

Structure & Formations

The price broke below a critical 0.0880 support level on strong volume, confirming a bearish reversal. A notable bearish engulfing pattern formed at 0.0885–0.0875 in late ET hours, followed by a deep retracement below 0.0870. A key support cluster at 0.0866–0.0870 is now critical, with a doji forming around 0.0866 suggesting possible short-term stabilization.

Moving Averages

On the 5-minute chart, price closed below both 20 and 50-period SMAs, reinforcing short-term bearish momentum. Daily chart 50/100/200 EMAs are likely aligned lower, supporting the continued downtrend. A bullish cross remains unlikely unless price reclaims 0.0885–0.0890.

MACD & RSI

MACD turned negative with bearish divergence during the breakdown, confirming the move. RSI reached oversold territory near 30 by 06:00 ET, suggesting a possible short-term bounce. However, a bearish crossover in the MACD histogram warns of continued downside pressure unless a strong reversal occurs.

Bollinger Bands

Volatility expanded late in the session as price moved below the lower Bollinger band, reaching as low as 0.0860. A contraction earlier in the session preceded the breakout, suggesting increased directional bias. Price remains near the lower band, favoring further consolidation or a short-covering rally.

Volume & Turnover

Volume surged during the breakdown at 22:00 ET, with a 137,646.81 volume bar confirming the move. However, subsequent volume has moderated, suggesting waning momentum. Notional turnover spiked during the 22:00–04:00 ET window, aligning with the price decline but failing to confirm a deeper bearish move.

Fibonacci Retracements

Key retracement levels from the 0.0900 high to 0.0860 low suggest 38.2% at 0.0879 and 61.8% at 0.0870. Price has tested both levels, with the 61.8% level currently acting as support. A close above 0.0879 could indicate short-term bullish potential, but a retest of 0.0860 is likely if bearish sentiment persists.

In the next 24 hours, VICUSDT may test the 0.0860 level for confirmation, with a potential bounce expected if short-term buyers re-enter the market. Traders should remain cautious, as a failure to hold above 0.0860 could trigger a deeper correction toward 0.0850.