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Summary
• Price tested key support near $0.0105, with bearish dominance in late hours.
• Volatility expanded after 16:00 ET, pushing price to a new 24-hour low.
• RSI and MACD signaled weakening momentum as bearish divergence emerged.
TrueFi/Tether (TRUUSDT) opened at $0.011 on 2025-12-28 12:00 ET−1, hit $0.0113 high, fell to $0.0103 low, and closed at $0.0106 by 12:00 ET. Total volume reached 63.7 million TRU, with $678,505 notional turnover over 24 hours.
Structure & Formations
Price tested support at $0.0105 multiple times before breaking it at 16:30 ET, suggesting a potential short-term bottom. A bearish engulfing pattern formed around 16:15–16:30 ET, reinforcing the breakdown. No clear reversal candlestick patterns emerged after the key level was breached, indicating lingering bearish sentiment.
Volatility and Bollinger Bands
Volatility expanded after 16:00 ET, with the 20-period Bollinger Bands widening. The price closed near the lower band at $0.0106, suggesting oversold conditions and potential for a rebound or further downside.

Momentum and Indicators
The RSI dipped below 30 after 16:00 ET, signaling oversold territory, though no strong reversal occurred. MACD remained negative throughout the session, with the line and signal line diverging, hinting at continued bearish pressure. Volume spiked during the breakdown, confirming the move.
Volume and Turnover
Volume surged after 15:00 ET, peaking at over 2.9 million TRU during the 16:15–16:30 ET window. Turnover also increased during this period, aligning with the price decline. However, the price failed to close back above $0.0105 despite strong volume, suggesting a lack of bullish conviction.
Fibonacci Retracements
On the 5-minute chart, price found initial support at the 61.8% retracement level of the earlier $0.0108–$0.0113 rally before breaking below. Daily Fibonacci levels suggest a potential short-term base near $0.0104–$0.0105, with a test of the $0.0103–$0.0104 zone possible.
The price may retest the $0.0105–$0.0106 range in the next 24 hours, but bearish momentum suggests a continuation lower toward $0.0103. Investors should remain cautious of further downside and watch for a potential reversal at key support levels.
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