Market Overview for Acala Token/Tether (ACAUSDT) - 2025-09-26 12:00 ET

• Acala Token/Tether (ACAUSDT) declined 24-hour low to 0.0234 amid bearish momentum and volume expansion.
• RSI and MACD showed weakening bullish momentum, suggesting a possible near-term reversal.
• Volatility expanded with price breaking below key support at 0.0240, triggering a downward correction.
• High turnover was observed during the 16:00–16:30 ET window, indicating increased selling pressure.
• Fibonacci retracement at 0.0237–0.0240 may offer temporary resistance before a deeper correction.

Acala Token/Tether (ACAUSDT) opened at 0.0245 on 2025-09-25 12:00 ET, reached a high of 0.0245, and a low of 0.0234, closing at 0.0239 on 2025-09-26 12:00 ET. Total 24-hour volume was 25,250,829.97, with a notional turnover of $611,044. The price moved in a bearish direction, with key breakdowns observed during the late ET session.

Structure & Formations

The price action showed a bearish breakdown from the 0.0240–0.0245 consolidation zone, with a notable bearish engulfing pattern forming at 16:00–16:30 ET. A long bearish candle on that hour confirmed a shift in sentiment. Key support levels identified include 0.0240 (broken), 0.0237, and 0.0234. Resistance levels now include 0.0239 and 0.0241, which may see testing if a short-term bounce occurs.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both crossed below the price during the afternoon ET session, confirming the bearish momentum. For the daily chart, the 50- and 200-period moving averages were not provided, but based on the 15-minute breakdown, it appears the 50-period MA is likely below the 200-period MA, indicating a bearish alignment.

MACD & RSI

The MACD showed a bearish crossover with the signal line, and the histogram has been negative and expanding since the late ET afternoon. RSI has dipped below 30, entering oversold territory, suggesting a potential short-term bounce could occur if buyers step in. However, the depth of the sell-off may prolong the bearish phase.

Bollinger Bands

Volatility expanded during the breakdown period, with price moving below the lower Bollinger Band at 0.0234. This suggests a potential correction may follow, though the strength of the move indicates sellers are still in control. A contraction in volatility may appear if the price consolidates at or near the 0.0234 level.

Volume & Turnover

Volume spiked during the 16:00–16:30 ET hour, coinciding with the breakdown below 0.0240. The notional turnover was elevated during this period, confirming the breakdown. Price and turnover aligned with the move down, indicating strong conviction from sellers. Divergence between price and volume is not evident, suggesting the move is well-supported.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing (0.0245 to 0.0234), the 38.2% retracement level is at 0.0239 and the 61.8% at 0.0237. Price is currently bouncing from the 0.0239 level, which may act as a short-term floor. A move below 0.0234 would suggest a target of 0.0232, aligning with the 78.6% Fibonacci level.

Backtest Hypothesis

Given the bearish breakdown and confirmation via volume and technical indicators, a backtesting strategy could be constructed to test a short-biased approach. A potential setup would involve entering a short position on a close below the 0.0240 support with a stop above the 0.0244 resistance. A target could be placed at the 0.0234 level, with an optional extension at 0.0232. This strategy would benefit from MACD confirmation and RSI entering oversold territory, suggesting a high probability of continuation. A trailing stop could be considered once the target is hit to capture additional bearish momentum if it materializes.