Market Overview for Civic/Tether (CVCUSDT) on 2025-09-18

• CVCUSDT formed a bullish continuation pattern with a 0.92% rise on rising volume.
• RSI signaled overbought conditions, suggesting potential consolidation ahead.
• Bollinger Bands tightened before a sharp breakout to the upside.
• Volume surged by 323% during the 18:15–19:30 ET rally, confirming bullish momentum.
• A 61.8% Fibonacci retracement level aligns with key resistance at 0.0908.

The Civic/Tether (CVCUSDT) pair opened at 0.0883 on 2025-09-17 12:00 ET and closed at 0.0920 on 2025-09-18 12:00 ET, with a 24-hour high of 0.0925 and a low of 0.0880. Total traded volume reached 4,137,722.0 CVC, while total turnover amounted to $377,391. The pair exhibited a strong rally during the 18:00–21:45 ET window, forming a bullish continuation pattern amid increasing volume and momentum.

Structure & Formations

The 24-hour candlestick chart showed a strong upward bias, with a long upper shadow from the early session and a bullish body from 18:15 ET onward. A strong bullish engulfing pattern formed around 18:15–19:00 ET, signaling a shift in sentiment from bearish to bullish. A small doji at 0.0905 suggested indecision, while a strong bullish reversal pattern emerged around 08:30–10:45 ET, confirming renewed long-term buying pressure. Key support levels include 0.0905 and 0.0895, while resistance is at 0.0921 and 0.0925.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed over in a bullish direction after 18:15 ET, supporting the upward move. The 50-period MA acted as a dynamic support line, while the 20-period MA led the price higher during the rally. On the daily chart, the 50-period MA is below the 100- and 200-period MAs, indicating a longer-term bearish bias, but short-term momentum appears to be overpowering that trend.

MACD & RSI

The MACD turned positive at 18:15 ET, with a bullish crossover and increasing histogram, confirming the upward thrust. RSI surged to 72 at 09:15 ET and peaked at 75 by 09:45 ET, indicating overbought conditions and possible short-term exhaustion. A bearish divergence appeared in the final two hours, suggesting caution as the pair approaches 0.0925.

Bollinger Bands

Bollinger Bands tightened between 0.0895 and 0.0905 during the early part of the session before widening sharply after 18:15 ET. Price traded above the upper band for a brief period, confirming high volatility and bullish momentum. The current price is slightly below the upper band, suggesting the rally may continue but with a likelihood of a pullback toward the middle band.

Volume & Turnover

Volume surged during the 18:15–20:30 ET window, with the highest 15-minute volume reaching 173,730 CVC at 18:45 ET. Turnover increased in tandem, with the highest 15-minute turnover reaching $15,669. The volume-to-price action remained aligned during the upward phase, indicating healthy demand. However, a divergence appears in the final 4 hours, as volume declined while price continued to rise slightly, suggesting potential exhaustion.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 18:15–22:30 ET swing, the 61.8% level at 0.0908 aligns with a key resistance level on the 15-minute chart. On the daily chart, a 61.8% retracement from the previous week's low to the recent high would place key resistance at 0.0945 and support at 0.0875. These levels may be tested in the coming 24 hours.

Backtest Hypothesis

A potential backtest strategy involves entering long positions on a bullish engulfing pattern with a 20-period MA crossover above 50-period MA, confirmed by a rise in volume and MACD turning positive. A stop-loss can be placed at the recent 61.8% Fibonacci retracement level (0.0908), with a take-profit at the 78.6% level (0.0925). The RSI at 72–75 suggests caution; therefore, a trailing stop may be employed once price clears 0.0920, with a target of 0.0930.