Market Overview for Acala Token/Tether (ACAUSDT) – 2025-10-08

• Acala Token/Tether (ACAUSDT) closed lower at $0.0248 after a volatile 24-hour session with a 1.2% decline from the prior day’s high.
• Price action shows bearish dominance in the second half of the 24-hour period, with a significant drop to $0.0245 and consolidation near that level.
• Volume remains uneven, with peaks in early afternoon ET, suggesting intermittent trading pressure and potential order block accumulation.
• RSI and MACD point to oversold conditions and weak momentum, indicating potential for a near-term bounce but limited upside.
• Bollinger Bands show narrowing volatility in the final hours, hinting at a possible breakout in the next 24 hours.

Acala Token/Tether (ACAUSDT) opened at $0.0251 on 2025-10-07 at 12:00 ET and reached an intraday high of $0.0255. The 24-hour low was $0.0244, and it closed at $0.0248 at 12:00 ET on 2025-10-08. The total notional volume across the 24-hour period was $122,295,643.31, with a total volume of 4,856,538.53 tokens traded.

Structure & Formations

The 15-minute chart reveals a bearish bias as ACAUSDT consolidates near a key support zone between $0.0245 and $0.0247. A notable bearish engulfing pattern appears around $0.0251–$0.0249, suggesting short-term bear momentum. A doji at $0.0245 indicates indecision and potential reversal or consolidation ahead. Resistance levels appear at $0.0250 and $0.0252, while support levels are found at $0.0247 and $0.0245, both of which are showing strong rejections in the latter half of the 24-hour window.

Moving Averages

On the 15-minute chart, the 20-period MA is at $0.0249 and the 50-period MA is at $0.0248, with price currently below both, indicating bearish momentum. For the daily chart, the 50/100/200-period moving averages are at $0.0246, $0.0245, and $0.0243 respectively, with ACAUSDT trading just above the 50-MA, hinting at a potential short-term stabilizing effect but not a clear bullish signal.

MACD & RSI

The MACD line has crossed below the signal line and remains in negative territory, confirming bearish momentum. The RSI has dropped to 32, indicating oversold conditions, which may offer a limited bounce potential but not a strong reversal signal. A further drop in RSI could push into oversold territory (below 30), which could attract cautious buyers. However, without a clear reversal in volume, a rebound is likely to be short-lived.

Bollinger Bands

Volatility has narrowed in the final hours of the 24-hour period, with ACAUSDT trading near the lower band of the Bollinger Bands. This contraction suggests a potential breakout is imminent. Price has spent the last few hours consolidating around $0.0247–$0.0249, which could form the base for either a bullish or bearish breakout in the next 24 hours.

Volume & Turnover

Volume spiked in the afternoon and early evening ET, with the largest 15-minute bar at $0.0250–$0.0249 showing a volume of ~1,003,184.31 tokens. This suggests significant accumulation or dumping activity in that range. The volume and price action appear to diverge slightly in the late hours, with prices declining while volume remains relatively flat. This divergence could hint at order block exhaustion, but further confirmation is needed.

Fibonacci Retracements

Applying Fibonacci retracement to the recent swing from $0.0255 (high) to $0.0244 (low), the key levels are 0.382 at $0.0248 and 0.618 at $0.0246. ACAUSDT is currently consolidating around the 38.2% retracement level, which coincides with the 50-period MA. A break below $0.0246 could confirm a deeper correction to $0.0244, while a rebound above $0.0248 may test the 0.618 level as a potential short-term support.

Backtest Hypothesis

A backtesting strategy for ACAUSDT could involve entering short positions when price breaks below the 20-period MA on the 15-minute chart and volume spikes by at least 200% above the 15-period average. A stop-loss would be placed just above the nearest resistance level, while the target would be the next Fibonacci retracement or moving average level. The strategy would exit long positions when the RSI crosses above 50 and the MACD line crosses above the signal line. Based on the current setup, this strategy could have yielded a 2–3% short-term profit if triggered during the afternoon sell-off, but a strong breakout above $0.0249 would invalidate the signal.