Market Overview: Acala Token/Tether (ACAUSDT) – 2025-09-25 12:00 ET

• Price declined 6.36% on the 24-hour timeframe, closing at 0.0243
• Volatility increased as price broke below key support at 0.025
• RSI and MACD indicate bearish momentum with no immediate oversold signal
• Volume increased by 24% during late ET hours, confirming bearish sentiment
• Bollinger Bands expanded, showing heightened volatility in the final hours

Acala Token/Tether (ACAUSDT) opened at 0.0261 (12:00 ET – 1), reached a high of 0.0262, and closed at 0.0243 at 12:00 ET, after hitting a low of 0.0241. The 24-hour total volume was approximately 110,826,958.80, with a notional turnover of around $2,781.01. Price declined in a bearish manner, with strong volume support during the latter part of the session.

Structure & Formations

Price action shows a bearish continuation after a breakdown below the key support at 0.025, with a bearish engulfing pattern visible around 0.0251–0.0253 during the 05:00–05:30 ET timeframe. A long lower wick at 0.0249 suggests a rejection near that level, but bearish momentum prevailed. A doji around 0.0252 at 09:15 ET indicates indecision and potential exhaustion on the long side.

Moving Averages

On the 15-minute chart, the 20-period MA is bearishly trending below the 50-period MA, confirming a short-term downtrend. On the daily chart, the 50/100/200 MA lines are aligned lower, supporting a medium-term bearish bias. Price remains well below all three moving averages, suggesting a lack of bullish momentum and confirmation of bearish dominance.

MACD & RSI

The MACD histogram remained negative throughout the session, with the crossover line trending downward. The RSI is currently at 31, indicating moderate oversold conditions but not enough to trigger a reversal. Both indicators reinforce bearish momentum, with no immediate signs of a reversal unless the price holds above 0.0244.

Bollinger Bands

Bollinger Bands expanded significantly in the last six hours, indicating increased volatility. Price closed just above the lower band at 0.0241–0.0244, suggesting a potential bounce or continuation. The contraction earlier in the session hinted at a false break, but the final hours confirmed the breakdown.

Volume & Turnover

Volume was relatively low during the early hours but surged between 08:00 and 16:00 ET. The highest notional turnover occurred between 09:00 and 16:00 ET, coinciding with a sharp decline in price. No divergence between volume and price is noted; the bearish trend appears confirmed.

Fibonacci Retracements

On the 15-minute chart, the 61.8% retracement level is at 0.0249, which the price rejected during the 11:45–12:00 ET timeframe. On the daily chart, the next key support is at 0.0240, and resistance at 0.0257. A break below 0.0240 would indicate a deeper correction, while a rebound above 0.0249 could signal a temporary pause in the decline.

Backtest Hypothesis

A backtesting strategy could be constructed using a short-biased approach based on the bearish engulfing pattern and 20/50 MA crossover. A sell signal could be triggered when the 20-period MA crosses below the 50-period MA and a bearish engulfing pattern forms on the 15-minute chart. A stop-loss could be placed above the 61.8% Fibonacci retracement at 0.0249, with a target at the 38.2% level or 0.0241. Given the recent increase in volatility and volume, this strategy could be optimized for a 1–2-hour holding period.