Market Overview for Hifi Finance/Tether (HIFIUSDT) on 2025-09-13

• HIFIUSDT surged from $0.1962 to $0.4658 in 24 hours, reaching a high of $0.9000 before retreating.
• Strong bullish momentum evident with a 58.9% rise in the first half of the session.
• Volatility expanded significantly during the early session, with a 44.6% range in a single 15-minute candle.
• Volume surged on the breakout above $0.40, confirming upward conviction.
• RSI and MACD show overbought conditions, suggesting potential for near-term pullback.

At 12:00 ET–1, Hifi Finance/Tether (HIFIUSDT) opened at $0.1962 and closed at $0.4658 by 12:00 ET the following day. The pair hit a high of $0.9000 and a low of $0.1909. Total volume for the 24-hour period was 485,299,525.9 units, with a notional turnover of $133,709,574.72.

Structure & Formations

The price action displayed a powerful bullish reversal from a multi-hour bearish trend, with a significant breakout above $0.40. This move formed a bullish engulfing pattern during the 22:30–23:00 ET period, followed by a strong continuation phase. A large bullish candle during the 22:45–23:00 ET window confirmed the breakout. Key support levels emerged around $0.32–$0.33 and $0.28–$0.29, while resistance was tested at $0.45–$0.46 and $0.50–$0.52.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs remained bullish, with the price consistently above both. The 50-period SMA crossed above the 20-period SMA near $0.27–$0.28, signaling a golden cross. On a daily basis, the 50-period SMA is approaching the 100-period SMA, suggesting a potential convergence that could either confirm or signal the end of the bullish trend depending on future volume and price behavior.

MACD & RSI

The MACD line showed strong positive divergence during the breakout phase, with the histogram expanding rapidly. RSI pushed into overbought territory above 70, indicating a high likelihood of a near-term pullback or consolidation. While momentum remains strong, a reversal in RSI and MACD could signal short-term risk.

Bollinger Bands

Volatility was notably high, especially during the breakout phase, pushing price well above the upper Bollinger Band. The band width expanded significantly during the session’s peak, suggesting increased uncertainty or speculative activity. Price has since retracted into the middle band but remains above the 20-period SMA, maintaining a bullish bias.

Volume & Turnover

Volume spiked during the breakout, with the 22:45–23:00 ET candle recording the highest turnover of $15.2 million. The divergence between price and volume during the afternoon hours (ET) indicates some profit-taking and potential exhaustion in the rally. However, the overall volume profile remains supportive of the upward trend, with no significant bearish divergence observed.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing from $0.19 to $0.90 shows key levels at 38.2% (~$0.465), 61.8% (~$0.628), and 78.6% (~$0.764). Price has already tested and pulled back from the 38.2% level, suggesting a possible consolidation phase or a second wave of momentum. For the daily chart, the 61.8% level of the prior bearish move (~$0.52) appears to act as a potential barrier.

Backtest Hypothesis

The described backtesting strategy involves entering long positions at the 20-period SMA on a 15-minute chart when price breaks above the upper Bollinger Band, with a stop loss below the 50-period SMA and a target of 38.2% or 61.8% Fibonacci retracement levels. This approach aligns with the observed breakout pattern and confirms the use of volatility expansion and moving averages for confirmation. The overbought RSI and MACD may serve as early exit signals to lock in profits or adjust stop levels.