AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price surged past 0.3046 after a bullish breakout from 0.3022–0.3036 range.
• Strong volume acceleration confirmed the upward move, especially between 15:45–17:00 ET.
• RSI entered overbought territory, suggesting potential pullback or consolidation.
• Bollinger Bands show widening volatility after a contraction earlier in the session.
Stacks/Tether (STXUSDT) opened at 0.3006 on 2025-12-08 at 12:00 ET, reached a high of 0.3212, touched a low of 0.2964, and closed at 0.3212 by 12:00 ET on 2025-12-09. The pair saw a 24-hour volume of 2,097,706.9 units and a notional turnover of $638,226.62, reflecting a sharp increase in activity.
Structure & Formations
Price broke above a key 0.3036 resistance with a large bullish candle forming around 16:30–16:45 ET, followed by a strong continuation in the last two hours of the session. The 0.3011–0.3022 area appears to have acted as a dynamic support, now likely turning into a magnet for short-term buyers. A bullish engulfing pattern is visible near 0.3001–0.3013, and a morning star-like reversal forms around 02:45–03:00 ET, suggesting momentum had shifted earlier in the day.
Volatility and Bollinger Bands
Bollinger Bands began to contract early in the session, with price consolidating within a narrow range between 0.297–0.3006.

Momentum and Indicators
RSI peaked above 70 in the last 5-minute interval, signaling overbought conditions and the potential for a pullback. MACD crossed above the signal line with a strong histogram peak, confirming bullish momentum. However, a flattening MACD line suggests momentum may be running out of steam.
Volume and Turnover
Volume surged dramatically between 15:45–17:00 ET, with the 16:30–16:45 ET candle alone accounting for over 218,716.9 units, confirming the breakout. Notional turnover spiked in line with volume, showing no divergence. This alignment supports the strength of the move.
Fibonacci Retracements
On the 5-minute chart, the 0.3022–0.3046 swing saw price retest the 61.8% level at around 0.3036 before breaking through. On the daily chart, the 0.2964–0.3212 move aligns with a 61.8% retracement at ~0.3088, now a potential support area.
With price near a key overbought level and a strong bullish signal confirmed by volume and momentum, STXUSDT may consolidate in the near term or face profit-taking. Traders should remain cautious as a retest of the 0.3036–0.3046 range could trigger renewed buying or a brief pullback.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.10 2025

Dec.10 2025

Dec.10 2025

Dec.10 2025

Dec.10 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet