Pepe/Tether (PEPEUSDT) Market Overview: 24-Hour Analysis (12/10/2025)

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 2:49 am ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
USDT
--
PEPE
--
Aime RobotAime Summary

- Pepe/Tether (PEPEUSDT) dropped 5.7% to $4.75, forming bearish engulfing patterns and breaking key support levels below $5.00.

- RSI fell below 30 signaling oversold conditions while Bollinger Bands widened, indicating heightened volatility and bearish momentum.

- Stable volume without panic selling suggests market acceptance of the decline, with potential support forming at $4.75–$4.80.

- Fibonacci retracements highlight critical support at $4.70, with price likely to retest $4.80–$4.87 before next directional decisions.

Summary
• Price declined from $5.04 to $4.75, forming bearish engulfing patterns and breaking key support.
• Momentum weakened with RSI below 30, signaling potential oversold conditions.
• Volatility expanded with a 20% drop in price but volume remained steady.
• Bollinger Bands widened, showing increased price dispersion and risk of further movement.

At 12:00 ET–1, Pepe/Tether (PEPEUSDT) opened at $5.04 and traded between $5.04 and $4.74 over the next 24 hours, closing at $4.75 at 12:00 ET. Total volume reached 4.45e+11, with notional turnover of $2.29e+5 (calculated from price × volume).

Structure & Formations


Price action showed a bearish engulfing pattern at the start of the decline, followed by a breakdown below the $5.00 psychological level and then the $4.90 support. A potential support zone may now form around $4.75–$4.80. No strong reversal patterns emerged during the session, suggesting continuation of downward pressure.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages are both bearish, with price below both. On the daily timeframe, the 50- and 200-period averages appear to be converging, indicating a potential retest of longer-term support.

MACD & RSI


MACD showed a bearish crossover, with the line staying below the signal line throughout the period. RSI dropped to below 30 in the latter half of the session, hinting at an oversold condition that could offer a short-term buying opportunity, though confirmation is needed.

Bollinger Bands


Bollinger Bands widened as the price declined, indicating increased volatility. Price closed near the lower band, suggesting bearish exhaustion or a potential bounce back toward the mid-band.

Volume & Turnover


Volume remained stable throughout the session, with no sharp spikes to signal panic selling or aggressive buying. The lack of divergence between price and volume implies the decline is being accepted by the market, without a sudden shift in sentiment.

**

Fibonacci Retracements


The move from $5.04 to $4.75 aligns with a 23.6% Fibonacci retracement at $4.87 and a 38.2% level at $4.81. A further decline could test the 61.8% level at $4.70, which may act as a critical support.

In the next 24 hours, Pepe/Tether may find a temporary floor near $4.75–$4.80 before facing key decisions on whether to rally or break lower. Investors should monitor volume for signs of support strength and watch for potential short-covering.