Market Overview: Lido DAO/Tether (LDOUSDT) – 24-Hour Summary

• Price surged from 1.2262 to 1.259 before retracing to 1.237.
• Volatility expanded with a peak-to-trough range of ~1.9% amid heavy volume.
• RSI and MACD signaled overbought conditions mid-day but later softened.
• Bollinger Bands widened, reflecting increased market uncertainty.
• Turnover spiked during midday rally, confirming strength before pullback.

Lido DAO/Tether (LDOUSDT) opened at 1.2262 on September 14, 2025, at 12:00 ET, and closed at 1.237 by 12:00 ET on September 15. During the 24-hour period, the pair reached a high of 1.259 and a low of 1.2165. Total volume amounted to 8,102,448.04, while notional turnover (volume × price) was approximately $10,005,500.

Structure & Formations

The 15-minute chart displayed a strong bullish thrust mid-day, forming a bullish flag pattern following a sharp break above the 1.240 resistance. A long lower shadow appeared at 1.2275, suggesting support held during a mid-afternoon correction. A bearish engulfing pattern developed in late hours, confirming a pullback from overbought levels. A key support level appears to be forming near 1.235, with resistance at 1.245.

Moving Averages and Momentum

On the 15-minute chart, the 20-period MA was above the 50-period MA, indicating a bullish bias during the rally. However, the 50-period MA began to cross below the 20-period MA in the latter half of the day, hinting at weakening momentum. RSI briefly entered overbought territory above 70 during the peak rally but retraced to the mid-50s by the close. The MACD histogram expanded during the midday push but contracted during the afternoon decline, reinforcing a potential near-term reversal.

Volatility and Fibonacci Retracements

Bollinger Bands widened significantly from 1.225 to 1.245, highlighting heightened uncertainty and potential volatility. The price action retraced to the 50% Fibonacci level (1.243) before pulling back further to the 61.8% level at 1.235, which held as a support. The 38.2% retracement (1.247) acted as a key resistance during the afternoon session, confirming the strength of the 1.235 support.

Backtest Hypothesis

A backtesting strategy focusing on the 50-period MA crossover and RSI divergence could prove profitable in this market. Specifically, a long entry is triggered when the 20-period MA crosses above the 50-period MA and RSI shows a bullish divergence (higher lows in price with lower lows in RSI). A stop-loss is placed below the recent 1.230 support level, while a profit target is set at the next Fibonacci resistance at 1.247. This strategy aligns with today’s price action and could capture both the midday rally and potential follow-through moves.