Market Overview for Fusionist/Tether (ACEUSDT)

• ACEUSDT saw a sharp decline followed by consolidation into a range-bound pattern.
• Price briefly broke a key support level before bouncing back with mixed momentum signals.
• Volatility spiked midday, with turnover surging during the selloff to 0.339.
• RSI and MACD suggest overbought conditions are unlikely but potential for a rebound exists.
• Bollinger Bands show moderate contraction toward the session’s end, signaling possible trend reversal.

Fusionist/Tether (ACEUSDT) opened at 0.449 on 2025-10-10 12:00 ET, reached a high of 0.454, dropped to a low of 0.339, and closed at 0.316 by 12:00 ET the next day. Total volume for the 24-hour period was 15,202,926.3, with a notional turnover of $4,891,834. The price experienced significant volatility amid shifting momentum.

Structure & Formations

The price of ACEUSDT exhibited a bearish breakdown below a key support level around 0.440, with a deep retest at 0.339. A potential bullish reversal pattern is emerging near the 0.295–0.300 range, marked by a cluster of bullish engulfing and doji formations, which may signal a near-term bottom.

Moving Averages

On the 15-minute chart, the 20-period MA (0.323) and 50-period MA (0.318) are currently in a bullish crossover. For the daily chart, the 50-day MA (0.315), 100-day MA (0.330), and 200-day MA (0.335) suggest a bearish bias, with price lingering below all three, indicating a weak short-term trend.

MACD & RSI

The MACD line crossed into negative territory but has since shown a potential bearish divergence with price. Meanwhile, RSI has pulled back into oversold territory (25–30), suggesting limited downside risk and a potential short-term rebound. However, MACD momentum remains bearish, which could prolong the consolidation phase.

Bollinger Bands

Price has spent much of the session within the 15-minute Bollinger Bands, with a recent contraction at 0.315–0.317. This tightening may precede a breakout or breakdown. A test of the lower band at 0.305 could be critical for near-term direction.

Volume & Turnover

Notable spikes in volume were observed during the selloff to 0.339, with a turnover of $651,111 in that period. However, volume has since decreased, signaling reduced conviction in the bearish move. A confirmation of bullish reversal with increased volume could validate a shift in market sentiment.

Fibonacci Retracements

Key Fibonacci levels from the 0.339 swing to 0.316 suggest 38.2% at 0.327 and 61.8% at 0.312 as potential support levels. A break below 0.312 may trigger further downside to 0.305, aligning with the Bollinger Bands contraction.

Backtest Hypothesis

The backtesting strategy involves entering long positions when RSI falls below 30 and MACD shows a bullish divergence, coupled with a volume increase of at least 150% above the 20-day average. This setup would be followed by a stop-loss at the previous session’s low and a take-profit at 38.2% Fibonacci level. Such a strategy could capture potential rebounds if bearish momentum begins to wane.