IOST/Tether Market Overview: 2025-09-18

• IOSTUSDT closed near its 24-hour high, showing bullish momentum amid rising volume and price consolidation.
• A key resistance level appears near 0.003426, with price testing this area and bouncing off.
• Volatility expanded in early hours, followed by a steady push higher, indicating growing buying pressure.
• RSI and MACD show moderate momentum without overbought conditions, suggesting room for further upside.
• Downturn in turnover after 07:00 ET indicates reduced short-term speculative activity and consolidation.

At 12:00 ET on September 18, 2025, IOST/Tether (IOSTUSDT) opened at 0.003294 and closed at 0.003426, reaching a high of 0.003429 and a low of 0.003280 over the past 24 hours. Total volume amounted to 113,327,120, while notional turnover stood at approximately $374,882. Price action indicates a strong bullish trend during the past trading session.

Structure & Formations

Over the past 24 hours, IOSTUSDT displayed a strong bullish bias, particularly between 18:00 and 03:00 ET. Price broke out of a descending consolidation pattern and formed a bullish breakout candle at the 0.003349 high. The 0.00332–0.00334 area acted as support during the night before a final bullish push. A small bearish doji formed at 0.003376 in the early morning, signaling indecision, but buying pressure resumed afterward. The most recent resistance is at 0.003426, with 0.003380 and 0.003345 as key support levels.

Moving Averages

Using the 20-period and 50-period moving averages on the 15-minute chart, price has remained above both lines for most of the past 24 hours, with a final close above the 20SMA indicating strong bullish momentum. The 50SMA, at 0.003380, has acted as a dynamic support. On the daily chart, IOSTUSDT is above the 50DMA and 100DMA, with the 200DMA lagging at 0.003340. This suggests a continuation of the bullish trend is likely if the 50DMA does not cross below the 100DMA.

MACD & RSI

The MACD has been in positive territory for most of the session, with a histogram showing expanding bullish momentum after 19:00 ET. The RSI climbed into the 55–60 range, indicating moderate strength without reaching overbought levels. A potential pullback is expected if the RSI crosses below 50.

The 20-period Bollinger Bands widened in the early morning, indicating increased volatility, before narrowing again during consolidation. Price closed near the upper band at 0.003426, suggesting a test of resistance that may lead to a pullback if not followed by strong volume.

Volume & Turnover

Volume surged during the breakout at 18:00–21:00 ET, with the largest 15-minute candle at 18:15 ET showing 26.7 million volume. Notional turnover spiked during this period, confirming the strength of the move. However, volume began to decline after 07:00 ET, indicating reduced speculative activity and possible consolidation ahead.

Fibonacci Retracements

Applying the 15-minute swing to the 0.003280–0.003426 range, the 38.2% retracement level is at 0.003359, and the 61.8% level is at 0.003395. The 50% level at 0.003353 acted as a temporary pivot during the morning. On the daily chart, the 61.8% retracement of the recent leg up sits at 0.003415, aligning with the current price level.

Backtest Hypothesis

A potential backtest could focus on using the 20SMA and 50SMA crossover as a filter for entries, with a stop-loss placed below the 38.2% Fibonacci retracement level and a take-profit at the 61.8% level. This would capture momentum while managing risk. Given the recent price action, a long bias could be tested during strong bullish breaks above the 0.003425 level.