Market Overview for Celestia/Tether (TIAUSDT) on 2025-11-05

• TIAUSDT closed 0.799 at 12:00 ET, up from 0.782 with a 24-h high of 0.805 and low of 0.746.
• RSI overbought at 69.6 suggests potential pullback, while MACD remains bullish with positive crossover.
• Bollinger Bands show recent expansion, and price remains within the upper band.
• Volume spiked during the early morning ET, but turnover diverged slightly from price.
• A bullish breakout attempt from 0.78–0.79 failed, suggesting ongoing consolidation.

Celestia/Tether (TIAUSDT) opened at 0.782 on 2025-11-04 at 12:00 ET and closed at 0.799 by 12:00 ET the following day. The 24-hour trading range extended from a low of 0.746 to a high of 0.805, reflecting moderate volatility. Total trading volume reached 33,710,714.91, with a notional turnover of approximately $26,784,057, calculated using TIAUSDT’s closing prices and traded volumes.

The price action has shown a consistent push above the 0.78–0.79 key psychological level, but has failed to consolidate above this range. A strong bearish candle in the early hours of November 5 (0.761 open to 0.748 close) temporarily stalled the upward momentum. However, subsequent bullish 15-minute candles from 03:00 ET onward have pushed the price back above 0.79, indicating that buyers remain active at these levels.

On the 15-minute timeframe, the 20-period and 50-period moving averages are in a bullish alignment, with the 20-period MA above the 50-period MA since the early morning rally. The MACD has crossed into positive territory, suggesting continued upward pressure. RSI stands at 69.6, hinting at overbought conditions, though not yet at extreme levels. Bollinger Bands have expanded during the morning rally, with price currently near the upper band, suggesting a continuation of the move may be limited unless buyers step in aggressively.

Volume has been relatively balanced, with no extreme spikes observed that would indicate a major reversal. Notional turnover, however, has shown a slight divergence in the last 12 hours—rising as the price has continued to climb. This divergence may signal that a reversal is in the making, especially if volume fails to confirm further price gains. Key Fibonacci retracement levels at 0.782 (38.2%), 0.768 (50%), and 0.754 (61.8%) could offer potential support or resistance as the price continues to consolidate.

Backtest Hypothesis
A proposed backtest strategy focuses on identifying and acting upon Bullish-Engulfing candlestick patterns on TIAUSDT. This pattern, where a large bullish candle follows a smaller bearish one and fully “engulfs” it, historically indicates a potential reversal in bearish momentum. However, due to a data issue with the “get_asset_base_info” node, the automated query to gather historical Bullish-Engulfing events for TIAUSDT since 2022 has stalled. To proceed, we can either adjust the symbol (e.g., “TIA/USDT”, “TIAUSDT.BINANCE”) or provide the calendar of past Bullish-Engulfing occurrences manually. Once available, this data can be backtested to evaluate the pattern’s effectiveness in predicting upward moves. The hypothesis is that such patterns, when appearing on a chart in conjunction with bullish divergences in RSI and MACD, may offer a high-probability entry point.