Market Overview for Artificial Superintelligence Alliance/Tether USDt (FETUSDT) – 2025-09-10

• Price for FETUSDT rose from 0.646 to 0.656 over the last 24 hours, with late-day momentum pushing higher.
• RSI suggests moderate overbought conditions, but MACD signals strong bullish momentum.
• Volatility expanded after 02:00 ET, driven by higher-volume trading and sharp intraday moves.
• Bollinger Bands saw price close near the upper band, indicating a potential continuation.
• Volume spiked in the 09:00–10:00 ET window, confirming the breakout from prior resistance levels.

At 12:00 ET–1 on 2025-09-09, the 24-hour session for FETUSDT opened at 0.646, reached a high of 0.663, and a low of 0.638, closing at 0.656 at 12:00 ET on 2025-09-10. Total volume amounted to 202,958,250 units, with notional turnover reaching $132.5 million, showing heightened interest in the pair.

Structure & Formations

The 15-minute chart revealed a clear bullish trend post-02:00 ET as FETUSDT broke above the 0.65 resistance level. A strong bullish engulfing pattern formed at 02:30 ET, followed by a series of higher highs and higher lows. Key resistance levels identified include 0.655 and 0.658, while key support levels remain at 0.651 and 0.647. A doji formed near 0.660 at 13:15 ET, suggesting a brief pause in the upward thrust.

Moving Averages

On the 15-minute timeframe, the 20-period SMA moved higher in line with the trend, crossing above the 50-period SMA to confirm bullish momentum. On the daily chart, the 50-period SMA is above the 100-period SMA, and both are above the 200-period SMA, indicating a stronger medium-term bullish bias.

MACD & RSI

The MACD line remained positive throughout the late session, with a strong bullish crossover around 02:00 ET. The histogram expanded, confirming increasing momentum. RSI climbed to 73 by 13:00 ET, entering overbought territory, but remained below 80, suggesting the upward move may have some room to continue.

Bollinger Bands

Volatility expanded significantly after 02:00 ET, as the Bollinger Bands widened. Price remained near the upper band from 02:30 ET onward, signaling strength in the bullish move. A contraction in volatility had occurred earlier in the session, suggesting a potential reversal or breakout setup was in play before the price moved higher.

Volume & Turnover

Volume and notional turnover spiked between 02:00 ET and 03:00 ET, confirming the breakout above key resistance. A further spike occurred between 09:00 ET and 10:00 ET, coinciding with a retest of the 0.655 level. Price and volume aligned well during these periods, showing no divergence and confirming the continuation pattern.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute swing from 0.639 to 0.663 showed that the price found support at the 61.8% level (~0.653) and later tested the 78.6% level (~0.659). On the daily chart, the current price sits near the 61.8% retracement level of the broader 0.635 to 0.665 swing, suggesting that further upward momentum could be supported.

Backtest Hypothesis

The backtest strategy focuses on capturing momentum breakouts confirmed by volume and technical alignment. A long entry is triggered on a bullish engulfing pattern or a break above the 20-period SMA on the 15-minute chart, confirmed by a spike in volume exceeding the 20-period average by at least 1.5 times. A stop-loss is placed below the low of the breakout candle or at the nearest Fibonacci support level, with a take-profit target set at the 61.8% and 78.6% retracement levels. Given today’s price action and the confirmation of breakout levels by volume, this strategy would have entered a long position around 02:30 ET, with a favorable risk-reward setup.