Market Overview for Across Protocol/Tether (ACXUSDT)

Summary
• Price surged to 0.0673 before consolidating near 0.0652 at 12:00 ET.
• Volatility expanded, with a 24-hour volume of 7.3M contracts and turnover of $466,000.
• Strong bullish momentum emerged mid-day, followed by moderate profit-taking in the evening.
• A key resistance appears near 0.0655, with support at 0.0646.

Across Protocol/Tether (ACXUSDT) opened at 0.0612 on 2025-11-05 at 12:00 ET and surged to a high of 0.0673 before closing at 0.0652 on 2025-11-06 at 12:00 ET. The pair reached a low of 0.0611 during the session, with a total 24-hour volume of 7.3 million contracts and a notional turnover of approximately $466,000.

The 15-minute chart reveals a powerful rally from 0.0631 to 0.0673 between 03:00 and 04:45 ET, driven by large-volume candles and a bullish engulfing pattern at 0.0661–0.0663. Price then consolidated within a tight range before a bearish reversal emerged around 05:00 ET, forming a key resistance at 0.0655 and support at 0.0646. The 20-period and 50-period moving averages crossed in the morning, signaling a shift from bearish to bullish momentum.

MACD turned positive early in the session, confirming the rally, while RSI reached overbought territory above 65 before retreating into neutral range by 06:00 ET. Bollinger Bands expanded during the upward move, with price staying near the upper band for over 4 hours. Volatility contracted later in the session as price settled within a tighter range. Volume spiked during the 03:00–04:45 ET surge, confirming the strength of the move.

Fibonacci retracement levels based on the 0.0612–0.0673 swing suggest key support at 0.0646 (61.8%) and resistance at 0.0655 (38.2%). Over the next 24 hours, a break above 0.0655 may trigger further gains toward 0.0665, while a retest of 0.0646 could offer a short-term buying opportunity. However, traders should remain cautious as volatility and volume appear to be moderating.

Backtest Hypothesis
The provided backtest strategy evaluates a simple 3-day holding period with no additional stop-loss or take-profit rules. Over the 3.5-year period from 2022-01-01 through 2025-11-06, the strategy relies on capturing short-term directional moves in daily close prices of ACXUSDT. While not explicitly tied to today's technical patterns, the recent strong move and consolidation suggest a potential entry point for those employing a similar time-based holding approach. Performance metrics and equity curves are available for further analysis.