Market Overview: Artificial Superintelligence Alliance/Tether (FETUSDT) – 24-Hour Analysis

• Price opened at $0.687 and closed at $0.663 with a low of $0.663 and high of $0.689.
• A bearish trend with a 15-minute pullback confirmed by bearish engulfing and long lower shadows.
• Volume surged above $115,000 in the last hour while turnover accelerated after $0.675.
• RSI dropped into oversold territory below 30 and MACD confirmed bearish momentum.
• Price tested the 61.8% Fibonacci level at $0.673 before failing and falling further.

Artificial Superintelligence Alliance/Tether (FETUSDT) opened at $0.687 on 2025-09-13 12:00 ET and closed at $0.663 at 12:00 ET on 2025-09-14. The 24-hour range extended between $0.663 and $0.689. Total volume traded was approximately 8,666,964.2 units, with notional turnover reaching $5,688,474.60, reflecting increased bearish activity in the final hours.

Structure & Formations

The price action on the 15-minute chart reveals a bearish breakdown from a key resistance at $0.686, following a bearish engulfing pattern. A long lower shadow at $0.675 suggests rejection of higher prices and bearish conviction. Key support levels identified include $0.675 and $0.663, with the latter forming a recent low. Resistance remains at $0.686, with further retests likely to confirm or break the trend.

Moving Averages

Short-term averages on the 15-minute chart (20/50-period) have rolled lower in tandem with price, reinforcing the bearish momentum. On the daily chart, the 50-period moving average is positioned above the 200-period, suggesting a moderate bearish bias, though the price remains above the 100-period line, indicating it may not be in a full bear phase yet.

MACD & RSI

The MACD has turned negative and crossed below the signal line, confirming bearish momentum. The histogram has contracted slightly after the breakdown but remains bearish. RSI has dropped to 29, indicating oversold conditions, but divergence between price and RSI has not yet formed, meaning a bounce may not be imminent unless a strong reversal is confirmed with volume.

Bollinger Bands have tightened slightly before the breakdown at $0.686, but volatility has since expanded. Price currently resides near the lower band, indicating heightened bearish pressure. A retest of the upper band at $0.686 could trigger further selling.

Volume & Turnover

Volume has increased in the final hours of the 24-hour window, especially after $0.675, showing increased bear participation. Turnover also accelerated during these periods, confirming the strength of the move. However, price and volume did not diverge, suggesting the bear trend may continue unless a strong reversal candle appears.

Fibonacci Retracements

The 61.8% Fibonacci retracement level at $0.673 was tested and failed, triggering a deeper pullback. Price is currently near the 78.6% level at $0.661, suggesting a possible near-term support if the bearish trend continues. A retest of the 38.2% retracement at $0.682 may be expected if bulls take control.

Backtest Hypothesis

The backtest strategy involves entering a short position on a bearish engulfing pattern with confirmation by a close below the 50-period moving average and RSI below 30. Stop-loss is set at 1.5% above the entry, and take-profit is targeted at 1.5–2.0% below the entry, depending on volatility. A trailing stop may be applied after reaching the first target. This approach aligns with the observed price action and technical indicators, offering a high-probability short opportunity for the next 24 hours.