Market Overview: Wormhole/Tether (WUSDT) 24-Hour Technical Summary

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Monday, Dec 8, 2025 4:58 am ET1min read
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- WUSDT surged past 0.0405 on 2025-12-08, confirmed by 1.5M+ volume spike and $17,610 5-minute turnover.

- Bullish engulfing pattern at 0.0387 and RSI/MACD crossover signaled strong upward momentum without overbought conditions.

- Key resistance at 0.0405-0.0406 faces retests, with 0.0393-0.0394 support critical for continuation or consolidation.

- Bollinger Bands expansion and 61.8% Fibonacci level at 0.0398 highlight potential for further volatility and price discovery.

Summary
• WUSDT formed a bullish engulfing pattern near 0.0387 and rallied to 0.0411.
• Momentum accelerated after 0.0400, with RSI trending upward but not yet overbought.
• Volatility expanded sharply in the final 5 hours, with Bollinger Bands widening.
• Volume surged in the last 3 hours, confirming the move above 0.0405.
• Key resistance now appears at 0.0405–0.0406, with support likely at 0.0393–0.0394.

Wormhole/Tether (WUSDT) opened at 0.0389 on 2025-12-07 12:00 ET, surged to 0.0411, dipped to 0.0381, and closed at 0.0405 by 2025-12-08 12:00 ET. Total volume reached 21.7 million, with turnover of $869,676.

Structure and Price Action


A strong bearish breakdown below 0.0393 was met with a swift bounce, marked by a bullish engulfing pattern at 0.0387, indicating short-term reversal potential. The price then climbed into a key resistance zone between 0.0405 and 0.0406, where volume increased notably.

Momentum and Indicators


RSI climbed into the 50–55 range, signaling moderate bullish momentum without entering overbought territory. MACD crossed into positive territory, reinforcing the upward thrust.
On the downside, the 0.0381 low tested a critical support level before a rebound took hold.

Volatility and Bollinger Bands


Bollinger Bands contracted during the 0.0386–0.0390 consolidation period, followed by a sharp expansion as the price surged toward 0.0411. The upper band was tested three times in the last 45 minutes, suggesting a potential for continued upward pressure.

Volume and Turnover Confirmation


Volume surged past 1.5 million in the final 3 hours, with the largest 5-minute notional turnover of $17,610 occurring at 0.0405. Turnover and price aligned well in the rally, supporting the bullish case.

Fibonacci Levels and Key Levels

The 61.8% Fibonacci retracement of the 0.0381–0.0411 move aligns with 0.0398, a level that held as support before a rebound. The 38.2% retracement at 0.0402–0.0403 now acts as a near-term pivot.

The market appears to be testing a new equilibrium above 0.0405, with strong volume and momentum signals. A close above 0.0406 could signal a continuation, while a retest of 0.0393–0.0394 may trigger further consolidation. Investors should remain cautious of potential pullbacks in the next 24 hours.