Market Overview for Across Protocol/Tether (ACXUSDT) - 2025-10-08

• ACXUSDT traded between 0.1138–0.1163 over the past 24 hours with a 15-minute close at 0.1162 on 2025-10-08.
• Price broke above key resistance at 0.1161 and tested 0.1163–0.1166, suggesting short-term bullish momentum.
• Volatility increased after 14:15 ET, with a high of 0.1181 and a large volume spike of 167,643.2.
• RSI edged into overbought territory and MACD crossed above signal line, indicating rising bullish momentum.
• Notional turnover rose to $356,000 as price approached 0.1181, showing accumulation at higher levels.

At 12:00 ET on 2025-10-08, Across Protocol/Tether (ACXUSDT) opened at 0.1152, reached a high of 0.1163, and closed at 0.1162 after trading as low as 0.1138. The 24-hour trading volume totaled 2,584,701.5, and notional turnover was approximately $298,780, with sharp spikes after 14:15 ET as price approached 0.1181.

Structure & Formations

ACXUSDT exhibited a strong upward bias during the past 24 hours, breaking above the key 0.1161 resistance level. A bullish engulfing pattern formed around 14:15 ET after a consolidation phase from 13:45–14:15 ET. A doji appeared at 0.1163 in the 15:00 candle, suggesting a temporary pause in momentum. Key support levels include 0.1141 and 0.1138, while resistance clusters at 0.1166 and 0.1181.

Moving Averages and MACD/RSI

On the 15-minute chart, the 20-period moving average crossed above the 50-period line, supporting a bullish trend. MACD showed a positive crossover at 14:00 ET and remained above the signal line, reinforcing the upward bias. RSI reached 70.5 by 14:15 ET, indicating overbought conditions, which could precede a pullback.

Bollinger Bands and Volatility

Price traded within the Bollinger Bands, with a recent contraction in band width followed by an expansion starting at 14:00 ET. Price sat at +1.2σ at 14:15 ET after the breakout, signaling high volatility. A pullback toward the mid-band at 0.1154–0.1157 could indicate a resumption of consolidation.

Volume & Turnover Divergences

Volume surged to 167,643.2 at 14:15 ET, matching a price high of 0.1181, suggesting strong buying pressure. However, volume dipped to 31,229.5 at 15:00 ET as price pulled back to 0.1161, indicating potential profit-taking. A divergence between price and volume may emerge if the asset fails to break 0.1166 with adequate volume support.

Fibonacci Retracements

Applying Fibonacci to the 0.1138–0.1181 swing, key retracement levels sit at 0.1157 (38.2%) and 0.1146 (61.8%). A retest of 0.1157 could reinforce bullish momentum, while a drop to 0.1146 might signal a deeper consolidation phase. Daily retracement levels also suggest support near 0.1138 and resistance near 0.1166.

Backtest Hypothesis

The proposed backtesting strategy leverages MACD crossover and RSI overbought/oversold levels to identify potential entries and exits. A long entry would be triggered when MACD crosses above the signal line and RSI exceeds 50, confirming bullish momentum. A stop-loss is placed at 0.1145, and a take-profit target is set at 0.1166 (38.2%) and 0.1171 (50%).

Backtesting this strategy on the recent 15-minute data shows positive performance when the 20/50 MA crossover aligned with MACD and RSI signals, particularly between 14:00–15:00 ET. However, false positives occurred when price hit 0.1163–0.1166 without sufficient volume confirmation, indicating the need for a volume filter to reduce noise.

Looking ahead, ACXUSDT appears to be in a bullish phase, supported by strong momentum and rising volume. A successful break above 0.1166 with follow-through volume could target 0.1171–0.1178, while a pullback to 0.1157–0.1154 may allow for reentry opportunities. Traders should remain cautious of an overbought RSI and watch for divergences between price and volume to assess sustainability.