Market Overview for POL/Tether (POLUSDT): 24-Hour Analysis as of 2025-09-19 12:00 ET

• POLUSDT opened at $0.2597 and traded between $0.2502 and $0.2641 over 24 hours.
• Price closed at $0.2526, down 3.3% from the previous session’s close.
• Momentum turned bearish after 05:30 ET, with a sharp drop below key support levels.
• Volume surged during the decline, confirming bearish sentiment and liquidation.
• RSI and MACD indicate oversold conditions, but divergence suggests caution for further downward moves.

POL/Tether (POLUSDT) opened at $0.2597 on 2025-09-18 at 12:00 ET, reached a high of $0.2641, and fell to a low of $0.2502 by 15:15 ET before closing at $0.2526. The 24-hour volume was 14,098,394.66 and notional turnover was approximately $3,562,908.40. Price action shows a clear breakdown below key support levels and a bearish bias taking hold as sellers dominate into the close.

Structure and formations reveal a bearish trend with notable support at $0.2550 and $0.2523. A strong bearish engulfing pattern formed around 06:00 ET as price closed below the prior session’s low. A series of lower highs and lower lows since 05:30 ET confirms a downtrend. Resistance levels at $0.2565 and $0.2580 have failed to hold, with price rejecting from these levels multiple times.

MACD (12, 26, 9) turned bearish in early ET hours, with the line crossing below the signal line and staying negative throughout the session. RSI (14) dropped into oversold territory (<30) after 08:00 ET, but failed to trigger a bounce. This divergence suggests weak bearish momentum. Bollinger Bands show a contraction in volatility around 20:00 ET, followed by a sharp break below the lower band, signaling increased bearish pressure.
Volume spiked during the 04:00–06:00 ET window, aligning with the strongest downward move. Notional turnover surged during this time as well, confirming bearish conviction. A divergence appears between price and turnover after 08:00 ET—volume diminishes while price continues to fall, suggesting a potential pause or reversal in the short term. On Fibonacci retracements, the price has broken the 61.8% level of the recent 06:00–08:00 ET rally, now targeting the 78.6% level at $0.2485 as a potential short-term support.


Backtest Hypothesis The bearish momentum and confirmed breakdown below multiple support levels indicate a valid short entry for a trend-following strategy. A potential target is the 78.6% Fibonacci retracement at $0.2485, while a stop-loss could be placed above the 61.8% level at $0.2541 to protect against a reversal. This setup, if combined with a volume-weighted average price (VWAP) crossover and a bearish MACD signal, could form a high-probability trade. Traders could consider this strategy in the context of the broader bearish market environment, using a 2% risk-per-trade approach.