Market Overview for Alien Worlds/Tether (TLMUSDT): 2025-10-28

• Price fluctuated within a 0.00005 range, consolidating near 0.00345
• Volume surged in early morning ET, followed by a sharp decline after 15:00
• RSI and MACD showed weak momentum with no overbought/oversold signals
• Key support at 0.00341 held, with resistance forming near 0.00344–0.00345
• Bollinger Bands tightened mid-session, indicating low volatility and potential breakout

Alien Worlds/Tether (TLMUSDT) opened at 0.00348 at 12:00 ET-1 and closed at 0.00339 at 12:00 ET on 2025-10-28, with a high of 0.00352 and a low of 0.00336. The total volume for the 24-hour period was approximately 101.3 million units, with a notional turnover of about $345,000 (based on average price).

The 15-minute candlestick pattern for TLMUSDT shows a consolidative bias with price hovering between key support at 0.00341 and resistance near 0.00344–0.00345. No strong bullish or bearish engulfing patterns emerged, but a few doji and spinning top formations suggest indecision among traders. The price action appears to be forming a narrow range, possibly setting up for a breakout or consolidation into a triangle formation.

Moving averages on the 15-minute chart show the 20-period MA above the 50-period MA, indicating a neutral to slightly bullish bias in the short term. On a daily scale, the 50- and 100-period MAs are nearly aligned, while the 200-period MA lags slightly, suggesting the pair remains in a sideways phase with no clear trend. The recent price action around these levels suggests traders may test support and resistance before making a directional move.

MACD remained flat with a slow-moving signal line, indicating low momentum. RSI oscillated between 30–60, failing to enter overbought or oversold territory. This suggests that the market lacks a strong directional push. Bollinger Bands tightened during the early hours of the session, signaling a potential reversal or continuation pattern. Price has remained within the bands, with the midpoint line hovering near 0.00342, aligning with the recent consolidation.

Volume activity was highest between 03:00 and 06:00 ET, with a peak of over 5.5 million units in a single candle. This was followed by a sharp decline in volume after 15:00 ET, suggesting reduced interest or a washout of speculative positions. Notional turnover mirrored volume with a peak of around $14,500 in the early morning. No significant price-turnover divergence was observed, indicating that volume was in sync with price action.

Fibonacci retracement levels on the 15-minute chart show the 38.2% level at 0.00345 and the 61.8% at 0.00342, both of which have acted as key reference points. On the daily chart, the 38.2% retracement level at 0.00343 appears to be a minor resistance, while the 61.8% at 0.00339 has held as a support. These levels may play a role in the next 24 hours depending on whether the price breaks above or below the current range.

The backtest hypothesis involves using the "Spinning Top Black" candlestick pattern for TLMUSDT as a sell signal. Historically, this pattern indicates a bearish sentiment and potential reversal in an uptrend. Given the tight consolidation observed in the current data and the presence of similar indecisive candle patterns, applying a backtest strategy based on this signal could offer insights into the potential effectiveness of the pattern in predicting short-term bearish reversals. The strategy would involve entering a short position at the close of the spinning top candle and exiting after a defined risk or profit target.