Fusionist/Tether (ACEUSDT) Market Overview: October 10, 2025

• Price surged to 0.497 before consolidating near 0.475, forming a bullish flag pattern.
• Volume spiked during the 18:45 ET candle, confirming a key breakout above 0.46.
• RSI showed overbought conditions mid-session, followed by a pullback to neutral territory.
• Volatility expanded during the morning spike but has since contracted into a tight range.
• Bollinger Bands indicate price is trading near the upper band, suggesting possible overextension.

Fusionist/Tether (ACEUSDT) opened at 0.425 on October 9 at 12:00 ET, surged to a high of 0.55 by late afternoon, and closed at 0.469 at 12:00 ET on October 10. Total 24-hour volume reached 22.8 million units, while notional turnover amounted to $10.4 million, reflecting heightened interest during key price moves.

Structure & Formations

The 24-hour price action for ACEUSDT revealed a sharp bullish trend followed by a consolidation phase. A key breakout occurred at 18:45 ET, where price surged from 0.46 to 0.516 on strong volume. This breakout was followed by a sharp pullback, forming a potential bearish continuation pattern. A notable bearish engulfing candle appeared at 19:30 ET, which may signal short-term exhaustion. Several doji candles emerged in the 20:00–22:00 ET range, indicating indecision and potential turning points.

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Moving Averages and Indicators

The 15-minute chart showed price staying above the 20-period and 50-period moving averages for most of the day, suggesting strong short-term bullish momentum. However, the 50-period MA crossed above the 20-period MA (a death cross) in the evening session, signaling potential bearish bias. On the daily chart, the 50-period MA remains above the 100- and 200-period lines, indicating a longer-term bullish trend.

MACD showed a strong positive divergence early in the session, reinforcing the bullish breakout. However, a bearish crossover occurred in the late afternoon as momentum faded. RSI reached overbought levels above 70 during the surge and has since pulled back to the 50–60 range, suggesting neutral to bearish sentiment.

Volatility and Volume

Volatility expanded significantly from 16:00 to 19:00 ET, with price fluctuating between 0.426 and 0.516. During this period, volume spiked sharply, particularly around 18:45 ET, where the candle closed at 0.516 with high volume. As price pulled back, volatility contracted, and price remained in a tighter range around 0.475–0.485. Notional turnover remained elevated through the consolidation phase, indicating continued interest among traders.

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Fibonacci Retracements

Key Fibonacci levels on the 15-minute chart identified potential support and resistance areas. The 61.8% retracement of the 0.426–0.516 move aligns with 0.475, which coincided with a bearish reversal candle. The 38.2% level (0.485) acted as a minor support and resistance during consolidation. On the daily chart, a larger retracement from the recent high near 0.55 down to 0.441 shows the 61.8% level at 0.507, a key area for potential reversal.

Backtest Hypothesis

The backtest strategy described focuses on breakout entry points confirmed by volume surges and bearish divergence in RSI. Applying this to ACEUSDT’s 24-hour chart, the breakout at 18:45 ET on strong volume and positive MACD would have generated a buy signal. A sell signal would follow when RSI showed overbought levels and MACD diverged. This approach could have captured the 18:45–19:30 ET rally and subsequent pullback. The bearish engulfing pattern at 19:30 ET would then trigger a short entry, potentially capitalizing on the consolidation phase.