Market Overview for Acala Token/Tether (ACAUSDT) – October 6, 2025

• Acala Token/Tether (ACAUSDT) traded in a tight range before a sharp 8.4% rally in the 19:00–19:30 ET hour.
• Price found short-term resistance at 0.0274 and retreated, forming bearish divergence in RSI and declining volume after the high.
• Volatility expanded as price traded between 0.0249 and 0.0274, with Bollinger Bands widening after midday.
• Fibonacci levels at 0.0256 (61.8%) and 0.0264 (38.2%) acted as key support/resistance; volume surged at key retracements.
• Momentum appears to be shifting lower after 0.0264, suggesting consolidation before the next directional move.

Opening Narrative

Acala Token/Tether (ACAUSDT) opened at 0.0252 (12:00 ET–1) and traded as low as 0.0249 before a sharp rally pushed it to a high of 0.0274. Price closed at 0.0259 at 12:00 ET after declining from the session high. The 24-hour volume totaled 98,948,409.32 and turnover amounted to 2,607,858.27 USD.

Structure & Formations

Price action revealed two key turning points. A bullish breakout attempt to 0.0274 in the 19:00–19:30 ET window failed, forming a bearish reversal candle with a long upper wick. This indicated strong resistance. Later, a 0.0264–0.0259 pullback suggested traders taking profits after the rally. A doji formed near 0.0257, signaling indecision.

Moving Averages

On the 15-minute chart, price closed above the 20-period moving average at 0.0256 and slightly below the 50-period line at 0.0258, suggesting potential for a short-term reversal. The 50-period line may offer support.

MACD & RSI

The RSI rose sharply during the rally to 0.0274, peaking near 62 before trending lower, suggesting weakening momentum. The MACD line crossed below the signal line shortly after the high, confirming bearish momentum. Divergence between price and RSI indicates caution for further upside.

Bollinger Bands

Volatility expanded significantly after the midday high at 0.0274, with bands widening to 0.0274–0.0249. Price closed just above the 20-period lower band at 0.0255, indicating bearish pressure. A break below 0.0255 could signal increased risk of a deeper correction.

Volume & Turnover

Volume spiked during the rally, peaking at 27,256,286.86 at 19:00 ET as price surged to 0.0274. However, volume collapsed afterward, suggesting a lack of follow-through. Turnover increased in line with price action, but volume/turnover divergence at 0.0262 indicates waning bullish conviction.

Fibonacci Retracements

Key retracement levels acted as strong price anchors. The 0.0256 (61.8%) level held as support multiple times, while the 0.0264 (38.2%) level acted as a cap for the rally. A break below 0.0254 (50%) would confirm a larger bearish trend.

Backtest Hypothesis

Given the observed bearish divergence in RSI and the failure to hold above 0.0264, a backtesting strategy might focus on shorting ACAUSDT on a close below 0.0256, with a stop just above 0.0261 and a target at 0.0250–0.0249. This aligns with the 15-minute and daily Fibonacci support levels and Bollinger Band behavior.