Market Overview for Voxies/Tether (VOXELUSDT)

Summary
• Price declined from 0.0175 to 0.0144, forming bearish continuation patterns and breaking key support.
• RSI dropped into oversold territory near 25, indicating possible short-term bounce potential.
• Bollinger Bands show low volatility in the final hours, suggesting consolidation.
• Volume surged early in the session but faded late, showing waning bearish conviction.

Voxies/Tether (VOXELUSDT) opened at 0.0175 on 2025-12-15, peaked at 0.0180, and closed at 0.0144 on 2025-12-16. The 24-hour volume totaled approximately 37,550,907.9 units, with a notional turnover of roughly $660,544. The pair experienced a sharp selloff after 00:00 ET, breaking below 0.0170 and continuing downward for most of the session.

Structure & Formations

Price tested a key support zone between 0.0172 and 0.0170 multiple times before decisively breaking below it. A bearish engulfing pattern was visible around 00:00 ET as price closed at 0.0171 after opening at 0.0174.

Further down, a strong bearish trend emerged, with multiple lower lows and a long bearish trendline in place. A significant Fibonacci 61.8% retracement level was breached near 0.0168, indicating deep bearish momentum.

Moving Averages

On the 5-minute chart, the 20SMA and 50SMA diverged strongly downward after 00:00 ET, reinforcing the bearish bias. Daily moving averages (50D, 100D, 200D) are likely in a similar bearish alignment, as price closed significantly lower than the prior day’s high.

Momentum & Volatility

MACD turned sharply negative after 00:00 ET, with bearish divergence and negative histogram bars. RSI dipped into oversold territory in the final hours, reaching ~25, which may signal a short-term rebound or consolidation phase. Bollinger Bands showed a tightening squeeze late in the session, especially between 09:00 and 12:00 ET, indicating a possible reversal setup.

Volume & Turnover

Volume spiked early in the session during the initial sell-off, with a peak of 1.3M units around 18:00 ET on 2025-12-15. However, volume dropped significantly in the final 3–4 hours of the session, suggesting waning bearish conviction or exhaustion. This divergence may hint at a potential short-term pause or reversal.

Looking ahead, traders may watch for a bounce off the 0.0143–0.0145 level, but a retest of 0.0140 could be expected if bearish momentum resumes. Investors should remain cautious of liquidity risks near key Fibonacci levels and potential reacceleration of the trend.