Market Overview for Contentos/Tether (COSUSDT) on 2025-09-13

• Price surged 11.7% in 24 hours amid rising volume and bullish momentum.
• Key resistance appears near 0.00349–0.003505 as RSI neared overbought levels.
• Volatility expanded significantly, with Bollinger Bands showing widening after consolidation.
• Divergence between price and volume observed mid-session, followed by reconfirmation.
• 61.8% Fibonacci retracement level at 0.00347 acts as a pivot ahead of next push.

Price Action and Key Levels

Contentos/Tether (COSUSDT) opened on 2025-09-13 at 0.003372 and surged to a high of 0.003508 before closing at 0.003474 at 12:00 ET. Over the 24-hour window, the pair traded between 0.003371 and 0.003508. The total volume reached 202,765,175.4 and notional turnover hit $59,149,999.99 (based on USD value). Key resistance appears at 0.00349–0.003505, while support is forming around 0.00345–0.00347. A bullish engulfing pattern emerged in the late afternoon session, suggesting further upside is possible, but caution is warranted at overbought RSI levels.

Technical Indicators and Momentum

RSI climbed above 65 in the late session, indicating overbought conditions near 0.003505. MACD remained above the signal line with positive divergence in the last three 15-minute candles, suggesting potential continuation. Bollinger Bands expanded from a narrow consolidation phase between 0.00343 and 0.00345 to a wide range of 0.00343–0.003505. The price has moved into the upper band multiple times, hinting at heightened volatility. A 20-period EMA (0.003445) crossed above the 50-period EMA (0.003441) on 09:30 ET, reinforcing bullish bias. The 200-period EMA is at 0.003415, suggesting a medium-term bullish trend.

Volume, Turnover, and Divergences

Volume surged in the late evening and early morning hours, with the largest candle at 0.003440–0.003448 showing 637,653.8 volume. Turnover spiked during that candle as well, confirming the move. However, at 04:00 ET, price dropped to 0.003457 with only 633,344.2 in volume, signaling a divergence. A retest followed, and volume picked up again from 06:00 ET onward. This divergence may indicate a weakening trend if price fails to break above 0.003505.

Fibonacci Retracements

Applying Fibonacci to the swing from 0.003425 to 0.003508, key retracement levels are 0.003466 (38.2%), 0.003454 (50%), and 0.003443 (61.8%). Price found support at 0.003445 before bouncing back, and it is now hovering near 0.003474, which is just above the 61.8% level. If this level holds, a retest of the 0.00349–0.003505 zone becomes likely. On a daily chart, Fibonacci from a prior low of 0.003372 and high of 0.003441 shows 0.003426 (61.8%) as a critical level.

Backtest Hypothesis

Given the recent breakout above the 0.00344–0.00345 range and confirmation through bullish engulfing and MACD divergence, a potential backtesting strategy could focus on a breakout entry above the 0.003445–0.00345 consolidation. A long entry could be triggered on a close above 0.003455, with a stop-loss just below 0.003443 (61.8% Fibonacci), and a take-profit at 0.00349–0.003505. Given the RSI and volume confirmation observed in recent candles, this setup has a higher probability of success in a volatile market with expanding Bollinger Bands. The strategy would benefit from using the 20-period EMA as a trailing stop for exits after reaching the first target.