• Price traded in a tight range with a key breakout forming after 19:00 ET.
• Volume surged during late trading hours, confirming price strength.
• RSI and MACD showed divergence followed by bullish alignment.
• Bollinger Bands constricted earlier, then expanded with a strong move.
• The session ended slightly above the 15-minute 20SMA, signaling potential follow-through.
Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.0822 on October 2, 2025, at 12:00 ET and traded between 1.0804 and 1.0859 before closing at 1.0828 by 12:00 ET the next day. Total volume for the 24-hour period was 12,823.0, with notional turnover at 13,856.0. Price activity remained within a narrow range for much of the day but surged between 19:00 and 21:00 ET, forming a breakout formation.
Structure & Formations
The 15-minute chart showed a key support at 1.0824 and resistance at 1.0859 throughout the day. A bullish breakout occurred after 19:00 ET, as price moved decisively above 1.0852. A strong bullish engulfing pattern formed at 19:00 ET, indicating renewed buying pressure. A small bearish divergence appeared later at 09:00 ET, but was quickly refuted by a consolidation phase above 1.0828. A notable doji formed at 05:45 ET, signaling indecision in the market.
Moving Averages
On the 15-minute chart, the price closed near the 20SMA but above the 50SMA at 1.0831 and 1.0837, respectively. This suggests a potential continuation of the bullish move. On a daily basis, if we estimate the 50DMA at 1.0830, 100DMA at 1.0827, and 200DMA at 1.0825, the current price is slightly above the mid-term averages, which may offer initial support should price retrace.
MACD & RSI
The MACD line crossed above the signal line in late trading, forming a potential bullish crossover. RSI remained in the mid-range (45–55) for much of the day, suggesting balanced buying and selling pressure. However, a late surge pushed RSI above 55 before consolidating around 53, indicating moderate momentum. A brief divergence between RSI and price action occurred in early morning hours, but was quickly resolved by the consolidation phase.
Bollinger Bands
Volatility showed a clear contraction from 16:00 to 18:00 ET, followed by an expansion after 19:00 ET as price broke out of the upper band. The breakout coincided with increased volume and a strong move in the 15-minute timeframe. This suggests a period of consolidation preceding a directional breakout. Price closed near the middle band, indicating potential for either continuation or a pullback.
Volume & Turnover
Volume was relatively subdued until 19:00 ET, when it surged to over 1,200.0 for the 19:00–21:00 ET period, confirming the breakout move. Turnover also spiked during the same hours. A divergence between price and volume occurred briefly at 09:00 ET, but volume quickly aligned with the consolidation phase. The final hours of the session saw volume decrease slightly, suggesting a possible exhaustion of the upward move.
Fibonacci Retracements
On the 15-minute chart, the 61.8% retracement of the 1.0804–1.0859 swing was at 1.0839. Price tested this level at 06:15 ET and again at 09:00 ET before consolidating. The 38.2% level at 1.0833 was briefly touched but not held. On the daily timeframe, the 61.8% retracement of a potential prior swing is near 1.0836, which may offer a key area of interest.
Backtest Hypothesis
A potential backtesting strategy could be based on the bullish breakout at 19:00 ET, combined with the alignment of RSI and MACD. A long entry could be triggered at a close above 1.0852 with a stop just below 1.0824, targeting the 1.0859 resistance and then the 61.8% retracement at 1.0839. Given the volume confirmation and Bollinger Band breakout, this setup has a high probability of success if the bullish momentum continues.
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