Summary
• TRUUSDT consolidates near 0.0115 after a midday rally to 0.0121, with bearish momentum intensifying after 00:00 ET.
• A large-volume bearish reversal pattern formed at 0.0119, aligning with a key Fibonacci retracement level.
• Bollinger Bands contract overnight, suggesting low volatility, while RSI signals oversold conditions near 0.0112.
• Notional turnover surged during the 0.0119–0.0117 correction, confirming bearish sentiment.
• A 20-period EMA on the 5-min chart shows bearish dominance post 08:00 ET.
TrueFi/Tether (TRUUSDT) opened at 0.0116 on 2025-12-11 at 12:00 ET, reaching a high of 0.0121 before closing at 0.0115 as of 2025-12-12 12:00 ET, with a low of 0.0109. Total volume over the 24-hour period was 43,654,052.0 and turnover amounted to approximately 481.79.
Structure & Formations
The 5-min chart shows a key consolidation pattern forming around 0.0115, with a bearish engulfing pattern observed at 0.0119 on 2025-12-12 02:1500, following a strong 0.0116–0.0121 bullish swing.
A 61.8% Fibonacci retracement level aligns with 0.0119, which acted as a resistance-turned-support during the 02:1500–03:0000 consolidation phase. The price may test the 0.0115 level as the next support zone, with a possible breakdown into 0.0112 if volatility increases.
Moving Averages and Momentum
On the 5-min chart, the 20-period EMA shifted below the 50-period EMA after 08:00 ET, reinforcing bearish momentum. Daily 50/200-period MA crossovers remain neutral, but the price is approaching a 50-period MA from above, suggesting potential resistance. MACD remained bearish during the 02:1500–04:0000 window, with a weak bullish divergence observed between 09:0000–10:0000. RSI dipped to oversold territory near 0.0112, raising the possibility of a short-term bounce.
Volatility and Volume Analysis
Bollinger Bands contracted between 00:0000–01:3000, reflecting low volatility, before a sharp expansion during the 02:0000–04:0000 sell-off. Volume spiked during the 0.0119–0.0117 correction, reaching a peak of 9,020,140.0 at 02:1500, which confirmed bearish sentiment. Notional turnover aligned with volume spikes, showing no divergence and supporting the likelihood of a continuation toward 0.0112.
Forward Outlook and Risk
A potential breakdown below 0.0115 could accelerate bearish momentum toward 0.0112–0.0111, with volume and RSI suggesting readiness for such a move. However, a short-term bounce above 0.0116 may attract buyers, especially if the 20-period EMA shows a reversal. Investors should watch for divergence in RSI and volume during the next 24 hours as early signs of reversal or continuation.
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