Market Overview for Flow/Tether USDt (FLOWUSDT) as of 2025-09-11

• • Price declined from $0.419 to $0.409 amid bearish momentum and high volatility.
• • Key support at $0.412 held briefly before a sharp drop below.
• • Volume surged in the afternoon session, confirming bearish bias.
• • RSI oversold conditions suggest potential near-term reversal.
• • Bollinger Bands expanded, signaling heightened uncertainty in price direction.

FLOWUSDT opened at $0.415 on 2025-09-10 at 12:00 ET and reached a high of $0.419 before closing at $0.409 at 12:00 ET on 2025-09-11. The 24-hour volume was 1,184,752.39, and the notional turnover amounted to $487,079. The price action shows a clear bearish tilt, driven by sharp intraday sell-offs.

Structure & Formations

The price formed a bearish engulfing pattern around 19:30 ET as the candle opened at $0.414 and closed at $0.412 after reaching a low of $0.411. A doji appeared near the 21:45 ET time frame, signaling indecision. Key support levels at $0.412 and $0.409 were tested and briefly held before the price broke below. Resistance remains at $0.416–0.418, with a potential for retracement if bullish momentum resurfaces.

Moving Averages

On the 15-minute chart, the 20 SMA and 50 SMA are both trending downward, currently at $0.415 and $0.417 respectively, indicating bearish control. On the daily chart, the 50-period, 100-period, and 200-period SMAs are converging lower, reinforcing the medium-term bearish bias. The price is trading below all major MAs, suggesting continuation is more probable than reversal in the short term.

MACD & RSI

The MACD line crossed below the signal line in the morning session, forming a bearish crossover. The histogram has been negative since 15:00 ET, indicating declining momentum. RSI reached oversold territory in the late afternoon, hitting 28. This may signal a potential short-term bounce, though bearish continuation remains likely unless volume confirms a reversal.

Bollinger Bands

Volatility expanded significantly in the early afternoon, with the price trading near the lower Bollinger Band by 14:30 ET. This suggests a heightened bearish bias. Price is currently outside the lower band, at $0.409, indicating potential for a mean reversion or further downside break if support fails to hold.

Volume & Turnover

Volume spiked in the late morning and early afternoon, peaking at 239,833.11 at 12:45 ET. This large volume was accompanied by a drop in price to $0.411, suggesting bearish conviction. Notional turnover mirrored the volume increase, with a notable divergence in the 17:00–18:00 ET period where volume remained high but price stagnated—this may indicate failed bearish attempts.

Fibonacci Retracements

Applying Fibonacci levels to the 15-minute swing from $0.419 to $0.409, the 61.8% retracement level is at $0.413, which was briefly tested but failed to hold. On the daily chart, the 38.2% retracement level at $0.415 was a key resistance point earlier in the day. These levels could be watched for potential short-term bounces or breakdowns.

Backtest Hypothesis

A potential backtest strategy could involve a short bias triggered when price closes below the 20 SMA on the 15-minute chart and RSI dips below 30. A stop-loss could be placed above the nearest resistance level (e.g., $0.415), while take-profit is set at 38.2% and 61.8% Fibonacci extensions of the prior bearish swing. Given the recent confirmation of these conditions, this strategy could be tested for its efficacy in the current bearish context.