Market Overview for Anchored Coins AEUR/Tether (AEURUSDT) – 24-Hour Technical Summary

• Price consolidates near 1.1778 after a volatile 24-hour swing from 1.1754 to 1.1876.
• RSI signals overbought conditions in early morning but drifted back toward neutrality.
• Volume surged during key price reversals, particularly after the 1.1837 high.
• Bollinger Bands expanded during the midday rally, indicating rising volatility.
• A bullish engulfing pattern formed around 06:00–06:15 ET, but failed to hold long-term.

The Anchored Coins AEUR/Tether pair (AEURUSDT) opened at 1.1792 on 2025-11-03 at 12:00 ET and closed at 1.1778 one day later, reaching a high of 1.1876 and a low of 1.1754. Total volume for the 24-hour period was 6,228.5 units, while notional turnover amounted to $7,379.7 (assuming a notional value of $1.1778 per unit).

Price action displayed a strong midday reversal and consolidation phase, with a key high at 1.1876 followed by a pullback. The 20-period and 50-period SMAs on the 15-minute chart intersected near 1.1790, suggesting short-term indecision. A 50-period EMA on the daily chart confirmed a slightly bearish bias, while the 200-period SMA held steady near 1.1800, indicating a potential psychological hurdle for further gains.

RSI climbed into overbought territory early in the morning before retreating to a neutral 50–55 range, aligning with a consolidation phase. MACD showed a bearish crossover after a brief bullish divergence, reflecting waning momentum. Bollinger Bands widened during the 06:00–08:00 ET rally, reflecting higher volatility, but price remained within the band structure, suggesting no immediate breakout.

Volume spiked at key reversal points, notably at 1.1837 and 1.1813, but failed to confirm a strong continuation. Turnover diverged with price near 1.1790, suggesting potential exhaustion. A bullish engulfing candle formed during the 06:00–06:15 ET window but could not hold above 1.1876. Fibonacci retracements showed 61.8% levels near 1.1800 acting as a dynamic support zone.

The 24-hour price swing from 1.1754 to 1.1876 formed a key Fibonacci retracement range. A 61.8% level at 1.1800 acted as a dynamic support during the afternoon and evening. The 38.2% level at 1.1826 also saw limited rejection, suggesting possible short-term consolidation.

The market may consolidate near 1.1778–1.1800 in the near term, with a higher probability of testing 1.1826 than breaking below 1.1754. Traders should watch for a sustained close above 1.1826 to confirm a bullish breakout or below 1.1754 for bearish continuation. As always, be prepared for sudden volatility or news-driven reversals in the next 24 hours.

Backtest Hypothesis

To test a potential strategy, a data-driven signal could be generated using a combination of the 20-period and 50-period SMAs on the 15-minute chart, along with RSI and Fibonacci retracements. A long entry could be triggered when price crosses above the 20 SMA and RSI exits oversold territory, with a stop-loss placed below the 61.8% Fibonacci level. Conversely, a short entry may be considered when price breaks below the 50 SMA and RSI enters overbought territory. To refine the strategy, volume confirmation and Bollinger Band expansions could be added to filter high-probability trades. This backtest could then be evaluated over the 2022–2025 period to assess profitability and risk-adjusted returns.