Market Overview for Flow/Tether (FLOWUSDT) on 2025-10-12

• FLOW/USDT fell to a 24-hour low of $0.266 before reversing to close near $0.275
• Bullish reversal signs emerged in late ET hours, with volume increasing
• RSI suggests oversold conditions were corrected, but momentum remains mixed
• Bollinger Bands show narrowing volatility ahead of a sharp price rebound
• Fibonacci levels at $0.276 and $0.281 appear to have acted as key support/resistance

The Flow/Tether (FLOWUSDT) pair opened at $0.276 on 2025-10-11 at 12:00 ET, hitting a 24-hour low of $0.266 before recovering to a high of $0.289. It closed at $0.289 at 16:00 ET on 2025-10-12. The total volume traded was 6,250,024.6 USDT, and the notional turnover was approximately $1,753,381.2. Price action shows a strong reversal late in the session.

Structure & Formations

FLOWUSDT displayed multiple key reversal formations, including a bullish engulfing pattern at 23:30 ET on 2025-10-11 and a doji at 05:30 ET on 2025-10-12, suggesting indecision and a potential bottoming process. The price found significant support at $0.266 and $0.276, with resistance forming at $0.281 and $0.289. These levels appear to be pivotal for near-term direction.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed multiple times, signaling volatile but mixed momentum. The 20-period MA is currently above the 50-period MA, suggesting short-term bullish bias. On the daily chart, the 50-period MA is above the 100-period and 200-period MAs, indicating longer-term bullish potential despite recent fluctuations.

MACD & RSI

The MACD line crossed above the signal line at around 05:00 ET, hinting at a momentum shift. RSI bottomed near oversold territory (30) at $0.266 and has since moved into neutral to slightly overbought (65–70), suggesting a possible correction or consolidation period ahead.

Bollinger Bands

Volatility contracted significantly between 23:00 and 05:00 ET, with prices staying tightly within the Bollinger Bands. This contraction was followed by a sharp breakout above the upper band, confirming the reversal and suggesting a potential continuation of the uptrend. Prices closed near the upper band, indicating strong bullish momentum.

Volume & Turnover

Volume surged during the rebound phase, particularly between 15:00 and 16:00 ET, with a large-volume candle closing at $0.289. This confirms the strength of the reversal. Notional turnover also spiked during this period, aligning with the price action and reinforcing the bullish signal.

Fibonacci Retracements

Key Fibonacci levels played a role during the 24-hour period. The 61.8% level at $0.276 acted as support during the early ET hours, while the 78.6% level at $0.281 held as resistance before the final push to $0.289. These levels suggest a potential target area of $0.294–0.297 if the current trend continues.

Backtest Hypothesis

A potential backtesting strategy could involve entering long positions upon a bullish engulfing pattern and a MACD crossover above the signal line. Stops could be placed just below a recent swing low or key Fibonacci level, such as $0.274. Targets could align with the upper Bollinger Band or the 78.6% Fibonacci level. This setup would aim to capture the momentum observed during the late ET rebound.