Market Overview for Artificial Superintelligence Alliance/Tether (FETUSDT) – 2025-11-13

Summary
• FETUSDT opened at 0.3171, reached 0.3215, and closed at 0.2966—a sharp bearish reversal.
• Volume peaked at ~3.65 million, while turnover surged amid bearish momentum.
• A key bearish engulfing pattern formed near 0.316, signaling potential bearish continuation.

Artificial Superintelligence Alliance/Tether (FETUSDT) opened at 0.3171 on 2025-11-13, reached a high of 0.3215, and closed at 0.2966 by 12:00 ET. The total volume over the 24-hour period was approximately 25.1 million, with a notional turnover of $7.85 million, showing strong engagement amid bearish pressure.

Structure & Formations

Price action displayed a clear bearish bias, with a bearish engulfing pattern forming around 0.316, followed by a sharp decline below key support at 0.310. The 15-minute chart revealed a breakdown of the 0.316–0.318 consolidation zone, reinforcing bearish momentum. A potential short-term support zone appears near 0.298–0.300, with the next major level at 0.294.

Moving Averages

On the 15-minute chart, price closed below both the 20SMA and 50SMA, reinforcing bearish alignment. The daily chart shows a similar divergence, with FETUSDT well beneath the 50DMA and 100DMA, signaling a longer-term bearish bias. The 200DMA remains distant, but its approach could confirm a broader bearish trend if broken.

MACD & RSI

The MACD turned bearish, crossing below zero and showing a narrowing histogram after a sharp sell-off. RSI dropped from 55 to ~32, entering oversold territory, which may suggest short-term consolidation or a bounce, though bearish momentum remains intact. A failure to rebound above 40 could signal further weakness.

Bollinger Bands

Volatility expanded significantly during the late session, with price breaking below the lower Bollinger Band as it approached 0.2966. This suggests a potential continuation of the bearish trend, although a rebound near the 0.298 level could indicate a short-term pause. Watch for retests of the 0.300–0.302 range for potential reversal signals.

Volume & Turnover

Volume spiked notably during the early morning hours as price dropped below 0.310, with the largest turnover spike at 03:30–03:45 ET (25.1 million volume). Notional turnover confirmed the bearish move, with no significant divergence noted. The final 15-minute candle at 07:00–07:15 ET saw increased volume as price stabilized near 0.2966, suggesting short-term equilibrium.

Fibonacci Retracements

Applying Fibonacci retracement levels to the most recent 15-minute swing from 0.3215 to 0.2966, the 61.8% retracement level aligns with ~0.3085. Price has already tested the 38.2% level (~0.3144) and is now consolidating near the 23.6% (~0.3175) on the way down. A rebound near the 38.2% level could trigger a short-term bounce, while a break below 0.298 would suggest deeper bearish territory.

Backtest Hypothesis

The “Bearish Engulfing Strategy” applies to FETUSDT by entering short positions when a bearish engulfing pattern forms and price closes below the 20SMA. The strategy uses a 15-minute chart with stop-loss placed above the engulfing high and a take-profit at the 61.8% Fibonacci retracement of the preceding bullish move. The back-test period covers the 2025-11-12 17:00–18:00 ET time frame, using exact open/close rules. This approach aims to capture high-probability short entries during bearish reversals.