Market Overview for Illuvium/Tether (ILVUSDT) – 24-Hour Analysis

• Illuvium/Tether (ILVUSDT) declined 24-hour low to 13.26 before a partial recovery to 13.59, closing near 13.59.
• A bearish reversal pattern emerged after hitting the session low, followed by a consolidation phase.
• Volume spiked during the 04:15–04:45 ET window, indicating a short-term selloff.
• RSI entered oversold territory around 13.30 and later climbed, suggesting potential support at key levels.
• Bollinger Bands expanded during the selloff and have since narrowed, signaling lower volatility.

The 24-hour period for Illuvium/Tether (ILVUSDT) began at 13.57 on 2025-09-23 at 12:00 ET and closed at 13.59 on 2025-09-24 at 12:00 ET. The pair reached a high of 13.69 and a low of 13.26 during the session. Total traded volume amounted to 73,586.04, and the notional turnover was approximately $979,873. The price formed a key bullish reversal pattern in the afternoon before consolidating around 13.50–13.60.

Looking at the 15-minute OHLCV data, the price experienced a significant pullback during the early morning hours, with a sharp decline to 13.26 between 04:15–04:45 ET. This was followed by a gradual recovery to 13.59 by the end of the period. A strong support level appears to be forming around 13.30–13.40, as evidenced by repeated bounces and a bullish RSI divergence. Resistance levels may be forming near 13.60 and 13.65, where the price has previously struggled to break through.

The 20-period and 50-period moving averages on the 15-minute chart indicate a bearish trend early in the session, with the 20 MA dipping below the 50 MA. This crossover confirmed a short-term bearish bias. The price later approached the 50 MA and found support, suggesting a potential reversal. On the daily chart, the 50/100/200 MA alignment remains neutral to slightly bullish, but the 15-minute bearish crossover could weigh on near-term sentiment.

Relative Strength Index (RSI) readings dropped below 30 during the 04:15–05:15 ET window, indicating oversold conditions. This was followed by a strong recovery in RSI, suggesting buying pressure at lower levels. However, the RSI remains below 50, signaling that the trend has not yet turned strongly bullish. The Momentum oscillator also showed a short-term bottoming signal around 04:30 ET, aligning with the RSI divergence.

Bollinger Bands widened significantly during the morning selloff and have since narrowed, indicating a reduction in volatility. The price currently sits near the midline of the bands, suggesting a potential consolidation phase. A break above the upper band could signal a short-term bullish move, while a drop below the lower band would reinforce bearish momentum. Volatility remains elevated, but not to extreme levels.

Fibonacci retracement levels drawn from the 13.69 high to the 13.26 low show key levels at 13.45 (38.2%) and 13.55 (61.8%). The price has tested both levels multiple times, with the 61.8% level acting as a strong support. A break below 13.45 could indicate renewed bearish pressure, while a close above 13.55 may suggest a short-term bullish bias.