Lista DAO/Tether (LISTAUSDT) Market Overview – 2025-09-15

• Price declined sharply from 0.262 to 0.244 within 24 hours, closing at 0.244 on 12:00 ET.
• Strong bearish momentum seen via RSI and MACD, with RSI reaching oversold levels near 25.
• Volatility spiked mid-day with large volume surges, particularly in the 08:00–10:00 ET timeframe.
• Price appears to be consolidating near a 38.2% Fibonacci retracement level post-dip.
• Large 15-minute candles and divergences suggest potential reversal or continuation risk.

Lista DAO/Tether (LISTAUSDT) opened at 0.2552 on 2025-09-14 at 12:00 ET and closed at 0.2440 at 12:00 ET the following day. The 24-hour range was between 0.2640 and 0.2432, with a total trading volume of 5,028,769.5 units and notional turnover of approximately $1,232,031.61.

Structure & Formations

Price action formed a bearish continuation pattern following an early afternoon breakout from a 15-minute consolidation wedge. A sharp decline from 0.264 to 0.248 within 6 hours suggests capitulation from short-term longs. The 0.248–0.246 range is acting as immediate support, with a potential bullish engulfing pattern forming if price retests the 0.246 level. A long-legged doji formed at 0.245 on the 09:00 candle, hinting at indecision.

Moving Averages

On the 15-minute chart, price has been below the 20SMA and 50SMA for most of the session, reinforcing bearish bias. The 20SMA currently sits at 0.2462, slightly above the 24-hour close. On the daily chart, the 50DMA has just crossed below the 100DMA, forming a potential death cross. Price remains below the 200DMA at 0.252, indicating a longer-term downtrend.

MACD & RSI

MACD turned negative in the early morning and has remained below the signal line, with a bearish crossover confirmed around 06:30 ET. The histogram shows a steady divergence from the price action, supporting a bearish outlook. RSI has dropped to 23–25 in the late morning and early afternoon, reaching oversold territory, though this may indicate exhaustion rather than a reversal unless a strong bounce follows.

Bollinger Bands

Volatility expanded dramatically around 08:00–10:00 ET, with price breaking below the lower band at 0.246. This was followed by a contraction into the middle band, indicating a possible pause in the move. The current close of 0.244 lies just below the lower band again, suggesting further downside risk if volatility remains elevated.

Volume & Turnover

Volume spiked during the morning selloff, particularly between 08:00 and 10:00 ET, with a 24-hour high volume of 406,870 units recorded at 08:15 ET. Notional turnover surged to $103,639 at the same time. A divergence between price and volume is evident in the latter half of the session, as volume has decreased despite continued selling pressure—suggesting short-term exhaustion may be near.

Fibonacci Retracements

Applying Fibonacci to the recent 0.264–0.2435 swing, price currently sits near the 38.2% retracement level at 0.2546. A bounce from here would need to hold above 0.2546 to signal a short-term recovery. On the daily chart, the 61.8% retracement of the broader 0.267–0.2435 move is at 0.255, a key level to watch for a potential turning point.

Backtest Hypothesis

Given the recent bearish momentum and overbought conditions, a potential backtest strategy could be to short LISTAUSDT after a close below the 15-minute 20SMA and a RSI below 30. A stop loss could be placed above the 38.2% Fibonacci level at 0.2546, with a target at 0.2400. This setup would aim to capture short-term continuation in a bearish trend, leveraging the observed divergence in volume and the exhaustion pattern in the RSI.