Market Overview for AIXBT/Tether (AIXBTUSDT) – October 14, 2025

• AIXBTUSDT declined 12.6% over 24 hours, closing at $0.0627 from $0.0657.
• Momentum shifted from bullish to bearish as RSI collapsed into oversold territory.
• Volatility expanded, with Bollinger Bands widening after a period of contraction.
• Volume surged during the selloff, confirming bearish sentiment.
• A potential short-term support level is forming near $0.0615.

AIXBTUSDT opened at $0.0657 on October 13 at 12:00 ET and closed at $0.0627 on October 14 at the same time. The pair reached an intraday high of $0.0692 and a low of $0.0609. The total volume traded was 151,386,094.83, with a notional turnover of approximately $9,493,564. The 24-hour move was primarily bearish, with a clear breakdown in price action and significant volume during the selloff.

Structure & Formations

The price of AIXBTUSDT formed a descending pattern over the 24-hour period, with a notable bearish engulfing pattern occurring during the early hours of the morning. A key support level appears to be forming near $0.0615, with a resistance level at $0.0635. A long lower shadow in the $0.062–$0.063 range suggests a brief attempt to rebound, but the bearish sentiment remains dominant.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both in a bearish crossover, indicating sustained downward pressure. On the daily chart, the 50/100/200 EMA lines are aligned lower, confirming the bearish bias. AIXBTUSDT is currently trading below all major moving averages, suggesting a continuation of the downward trend may be likely in the near term.

MACD & RSI

The MACD remained negative throughout the session, with bearish divergence evident between the histogram and price action. RSI dropped sharply from overbought levels above 70 to oversold territory below 30, indicating a significant loss of upward momentum. The oversold reading at ~27 suggests a potential near-term bounce could be possible, but without a clear reversal pattern, the bearish trend may persist.

Backtest Hypothesis

Given the recent RSI behavior and the strong bearish divergence, a potential backtest strategy could involve selling AIXBTUSDT when RSI crosses above 70 (overbought levels) and holding the short position for a three-day period. This would align with the observed price action, where RSI spikes were followed by sharp corrections. The success of this strategy would depend on the assumption that overbought readings reliably precede reversals. However, given the current low RSI and strong bearish momentum, this strategy may require refinement to avoid premature entries during strong downtrends. Short-term traders may find this approach useful when combined with volume confirmation and key support levels.

Bollinger Bands

Bollinger Bands reflected a sharp expansion in volatility after a period of contraction. During the morning hours, price remained outside the upper band, but after the midday selloff, it fell sharply below the lower band, indicating a high volatility environment. The current price sits near the lower band, suggesting further downward movement is still possible. Traders should watch for a retest of the 20-period moving average as a potential near-term trigger for a bounce.

Volume & Turnover

Volume spiked significantly during the midday sell-off, particularly between 15:00–17:00 ET, when AIXBTUSDT dropped from $0.0692 to $0.0627. This volume spike confirms the bearish momentum, as it coincided with a sharp price decline. Notional turnover also saw a notable increase during the same window, aligning with the price drop. A divergence between volume and price has not been observed, indicating strong confirmation of the bearish move.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from $0.0692 to $0.0609, key levels at 38.2% (~$0.0665) and 61.8% (~$0.0623) appear to have acted as temporary barriers. On the daily chart, the 61.8% retracement of the broader downtrend aligns with the current price near $0.0623, suggesting this level could either hold or break in the near term.

Forward-Looking View

AIXBTUSDT may continue to consolidate near $0.0623 in the near term, with a potential retest of $0.0615 underfoot. A break below that level could trigger a deeper correction. Traders should remain cautious about further downside risk, especially given the strong bearish momentum and low RSI. While a short-term bounce is possible, the overall trend remains bearish. A clear reversal pattern and a breakout above $0.0635 would be necessary to challenge the downward bias.