FLOKI/Tether Market Overview (FLOKIUSDT) – 2025-09-20

• FLOKIUSDT traded in a tight range for most of the day, with a late surge pushing price to a 24-hour high near $0.00009835.
• Volatility increased sharply in the last 2.5 hours, with price surging above Bollinger Bands and crossing key Fibonacci levels.
• On-balance volume and turnover aligned with bullish momentum, confirming strength in the final push toward the high.
• RSI entered overbought territory, suggesting potential near-term profit-taking.
• 15-minute chart showed a bullish engulfing pattern at the session high, indicating strong short-term buyer control.

FLOKI/Tether (FLOKIUSDT) opened at $0.00009616 on 2025-09-19 at 12:00 ET and closed at $0.00009610 by 12:00 ET on 2025-09-20. The 24-hour range extended between $0.00009515 and $0.00009835, with total volume of 33,331,686,970 and notional turnover of approximately $3,192,586. The price action reflected a consolidation period followed by a strong push in the afternoon session.

Structure & Formations

The 15-minute OHLCV data showed a key support level forming between $0.00009515 and $0.00009560, where the price found a floor on multiple occasions during the day. A bullish engulfing pattern emerged in the 15:00–15:15 ET window, signaling a strong reversal in buying momentum. Additionally, a key Fibonacci retracement level at 61.8% of the previous day’s range (~$0.00009575) was tested and broken twice, confirming the strength of the final surge.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned near $0.00009590, with price closing above both in the final hours. This suggests a short-term bullish bias. On the daily chart, the 50-period MA remained above the 100- and 200-period lines, supporting the broader bullish structure, though the 200-period MA acted as a potential long-term resistance if the bullish momentum continues.

MACD & RSI

The MACD line showed a positive divergence in the final 3 hours, with bullish signal line crossovers reinforcing the strength of the afternoon rally. The RSI hit 70 in the last hour before closing at 66, suggesting overbought conditions and a possible pullback in the near term. The divergence between price and momentum metrics, however, implies that buyers remain in control and could push higher on follow-through.

Bollinger Bands

Volatility expanded significantly in the last 2.5 hours as the price broke above the upper Bollinger Band for the first time in the session. The band width widened from approximately $0.0000007 to over $0.0000012, indicating an increase in market activity and a shift from consolidation to breakout mode. The price closed just below the upper band at $0.00009835, signaling strong near-term bullish momentum.

Volume & Turnover

Volume and turnover increased dramatically after 15:00 ET, with the largest single 15-minute volume spike at 188,617,854 tokens traded in the 15:15–15:30 window. Notional turnover in this period reached $18,220, representing 5.7% of total 24-hour turnover. Price and turnover aligned well, confirming the strength of the final bullish move and reducing the likelihood of a false breakout.

Fibonacci Retracements

The final 15-minute swing (from $0.00009679 to $0.00009835) showed a strong 38.2% retracement at $0.00009757 and a 61.8% retracement at $0.00009710, both of which were tested and held. On the daily chart, the 61.8% Fibonacci level (~$0.00009575) was also broken, reinforcing the idea that the market is entering a stronger bullish phase.

Backtest Hypothesis

A potential backtesting strategy could involve entering a long position upon confirmation of the bullish engulfing pattern at the end of the session, with a stop-loss placed just below the 15-minute support level at $0.00009515. A take-profit target could be set at the 1.272% Fibonacci extension, projected around $0.00009885. Given the recent RSI overbought condition and the strong volume confirmation, this setup may offer a favorable risk-reward profile if the bullish momentum continues into the next session.