Market Overview for Audius/Tether (AUDIOUSDT) – 2025-10-05

• Price fluctuated between 0.0554 and 0.0572, with a consolidation toward the upper half of the range.
• High volatility seen mid-day with a sharp rebound after a sell-off.
• Volume spiked during the 21:30–23:30 ET window, confirming key support.
• RSI reached 60, suggesting moderate momentum, while Bollinger Bands showed narrowing early in the session.
• No clear reversal candlestick patterns, but strong buying pressure at 0.0562–0.0565.

The price of Audius/Tether (AUDIOUSDT) opened at 0.0556 at 12:00 ET − 1 and closed at 0.0563 at 12:00 ET on 2025-10-05. The 24-hour high and low were 0.0572 and 0.0554, respectively. Total volume across the period was 17,614,011.0, and the notional turnover amounted to $951,360.00. The price action showed a range-bound pattern with strong buyers emerging after 21:30 ET, reversing earlier bearish pressure.

Structure & Formations

The price formed a key support zone at 0.0562–0.0565, which was tested and held during the early morning hours. A moderate bullish bias emerged after a 21:30 ET candle formed a large bullish body with a long lower wick, confirming the 0.0563 level as short-term support. No significant bearish patterns were observed, but a doji near 0.0567 at 05:00 ET signaled indecision. The resistance cluster at 0.0568–0.057 remains relevant for further upside.

Moving Averages

The 15-minute chart showed the price hovering just above the 20-period and 50-period moving averages, indicating a neutral to slightly bullish bias. On the daily chart, the 50 and 100-period moving averages were nearly aligned, suggesting a consolidation phase. The 200-period moving average remained below the current price, indicating long-term bullish potential but no strong directional bias on shorter timeframes.

MACD & RSI

The MACD showed a narrowing histogram early in the session followed by a bullish crossover around 21:45 ET, aligning with the consolidation at 0.0562–0.0565. RSI reached 60 by early morning, suggesting moderate momentum but not overbought levels. A brief pullback to 0.0562 tested buying strength, with RSI dipping to 52 before rebounding.

Bollinger Bands

Bollinger Bands showed a contraction early in the session, suggesting a potential breakout. The price remained within the bands throughout the 24-hour window, with a tendency to cluster around the 0.0563–0.0565 range. The expansion that followed the 21:30 ET candle reflected increased volatility and buyer participation, though the upper band at 0.0569 limited further upside.

Volume & Turnover

Volume surged between 21:30–23:30 ET, confirming the support at 0.0562–0.0565. Turnover mirrored the volume trend, with the highest notional turnover occurring during the 21:30 ET to 23:30 ET window. Price and turnover aligned well during the 21:30–23:30 ET consolidation, suggesting strong institutional or retail participation.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute swing between 0.0554 and 0.0572, the 38.2% level sits at 0.0563, which coincided with the 0.0563–0.0565 support zone. The 61.8% retracement level is at 0.0567, where the price stalled during the 05:00–06:00 ET window, forming a key pivot level for potential further movement.

Backtest Hypothesis

A potential backtest strategy could involve entering a long position when the 20-period and 50-period moving averages on the 15-minute chart converge and the RSI moves above 50, while the price is within the upper half of the Bollinger Bands. A stop-loss could be placed just below the 0.0563 support level. This strategy would be tested using the recent 21:30–23:30 ET price action, where the technicals aligned with a bullish setup. The 0.0568–0.0572 resistance zone could serve as a target range for a short-term trade.