Liquity/Tether (LQTYUSDT) Market Overview

• Price surged from 0.717 to 0.753 before consolidating; 15-minute bullish momentum is intact.
• Volume spiked during 03:45–04:00 ET, with 57,702.2 traded, but price failed to hold gains.
• MACD and RSI suggest overbought conditions, signaling potential pullback from 0.749.
• Bollinger Bands show moderate volatility; price closed near the upper band, indicating tension.
• Turnover divergence after 05:00 ET suggests profit-taking; key support at 0.725 and resistance at 0.736.

Liquity/Tether (LQTYUSDT) opened at 0.717 on 2025-10-04 12:00 ET and reached a high of 0.753 before closing at 0.729 on 2025-10-05 12:00 ET. The 24-hour price range was 0.714 to 0.753. Total volume traded was 562,888.3 and total turnover was $410,087.50 (estimated based on traded volume and average price).

Structure & Formations

The 15-minute chart revealed a strong bullish impulse during the 3:45–4:00 ET window, where the price surged from 0.736 to 0.747, forming a long white candle. A key resistance level appears at 0.736, where the price found rejection multiple times. A bearish engulfing pattern formed around 10:00–10:15 ET as the price closed near the session’s low. A doji around 06:15–06:30 ET signaled indecision after a strong upward move. A bearish flag pattern is forming between 0.725 and 0.736, with the price now testing support at 0.725–0.729.

Moving Averages

On the 15-minute timeframe, the 20-period moving average (SMA) crossed above the 50-period SMA, indicating short-term bullish momentum. However, on the daily chart, the 50-period SMA is below the 100-period and 200-period SMA, suggesting a bearish bias for the longer term. The price is currently trading below the 50-period daily SMA at 0.732, indicating continued downward pressure.

MACD & RSI

The MACD line crossed above the signal line during the 03:15–03:30 ET window, confirming a bullish signal. However, the RSI reached overbought territory (above 70) during the 03:30–03:45 ET window and has since corrected into neutral territory. A bearish divergence appeared on the RSI after 05:30 ET, suggesting the uptrend may be losing momentum. The MACD histogram is shrinking, indicating weakening bullish momentum.

Bollinger Bands

The price reached the upper Bollinger Band during the 03:15–03:30 ET window, indicating high volatility. The bands have since contracted, suggesting a potential breakout or breakdown scenario. Price is currently near the lower Bollinger Band, indicating oversold conditions. A sustained close above the 0.736 level could trigger a reacceleration.

Volume & Turnover

Trading volume spiked during the 03:15–03:30 ET window with over 110,408.4 tokens traded. This was followed by a sharp correction, suggesting profit-taking by short-term traders. Turnover diverged after 05:30 ET, with volume declining despite price continuing to rise, signaling weak follow-through. The highest single-candle turnover was recorded during the 03:15–03:30 ET window at $81,200.40.

Fibonacci Retracements

The 61.8% Fibonacci retracement level of the recent bullish swing (from 0.714 to 0.747) is at 0.729, where the price has found temporary support. The 38.2% level is at 0.736, which has acted as a key resistance area multiple times. On the daily chart, the 61.8% retracement level from the prior bearish leg is at 0.731, where the price may find resistance again in the next 24 hours.

Backtest Hypothesis

A potential backtesting strategy could focus on the 61.8% Fibonacci retracement level and the 50-period SMA as dynamic support levels during consolidation phases. Traders may consider entering long positions on a retest of the 0.725–0.729 range with a stop loss below 0.718 and a take-profit target at 0.736–0.739. For short positions, a breakout above 0.736 with a confirmation candlestick could signal a trend continuation. This strategy assumes volatility remains moderate and that the RSI does not show signs of exhaustion before the next move.