Market Overview for Across Protocol/Tether (ACXUSDT) – October 5, 2025

• Price surged above key resistance, reaching a high of 0.1207 before consolidating near 0.1198.
• Strong volume spikes observed during the bullish breakout, validating momentum.
• RSI shows moderate overbought conditions, suggesting potential for a pullback.
• MACD turned positive and remains above the signal line, indicating ongoing bullish momentum.
• Bollinger Bands are widening, reflecting increased volatility.

Across Protocol/Tether (ACXUSDT) opened at 0.1165 on October 4 at 12:00 ET and closed at 0.1198 at 12:00 ET on October 5. The pair reached a high of 0.1207 and a low of 0.1163 during the 24-hour period. Total volume amounted to 3,527,414.05, and notional turnover was approximately 425,852.37.

Structure & Formations

ACXUSDT demonstrated a strong breakout above a key resistance cluster near 0.119–0.120, supported by a bullish engulfing pattern formed during the early hours of October 5. The price later pulled back toward the mid-range of Bollinger Bands, suggesting potential for consolidation. A doji candle near 0.1207 in the late afternoon ET hinted at indecision after the strong upward move. The key support level at 0.118–0.119 has held multiple times, with the price rebounding from this area on several occasions.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line, confirming a bullish trend. This "golden cross" was reinforced by sustained price action above both indicators. On the daily chart, the 50- and 200-period moving averages are converging from below, suggesting a potential shift in medium-term bias toward bullish momentum.

MACD & RSI

The MACD turned positive and crossed above the signal line in early October 5, confirming ongoing bullish momentum. However, the histogram started to contract slightly in the afternoon, indicating waning strength after the breakout. RSI reached overbought territory, peaking near 65 and pulling back toward 60, suggesting that a short-term pullback or consolidation is likely. RSI remains above its 50 level, maintaining a bullish bias.

Bollinger Bands

Bollinger Bands widened significantly during the morning hours, coinciding with the breakout above 0.120. Price action remained well above the lower band for most of the session, reinforcing the bullish trend. The mid-band moved upward in tandem with the price, indicating strong directional movement. A potential retest of the upper band could act as a key resistance level in the next 24 hours.

Volume & Turnover

Volume spiked significantly during the breakout between 03:00 and 04:30 ET, reaching over 200,000 units in several 15-minute intervals. Notional turnover also surged, aligning with the price move. However, in the afternoon, volume declined as the price pulled back, showing that the initial bullish momentum may be moderating. The divergence between price and volume in the latter half of the session may indicate a potential pause in the upward trend.

Fibonacci Retracements

Fibonacci retracement levels were applied to the recent swing from 0.1163 to 0.1207. Price pulled back toward the 61.8% retracement level (around 0.1190) and stalled before rebounding. This suggests that the 61.8% level provided significant support, and a break below this would likely bring the 78.6% level (0.1177) into play as the next major support. In the near term, a retest of the 50% level (0.1185) could provide further insight into short-term sentiment.

Backtest Hypothesis

Given the current bullish setup, a backtest strategy could focus on entering long positions on a break above the 0.1207 resistance level, with a stop-loss placed slightly below the 61.8% Fibonacci retracement at 0.1190. A target could be set at the next major Fibonacci level of 0.1217, which aligns with recent highs from the session. This strategy would benefit from the current MACD and RSI alignment, as both indicators remain in bullish territory, and Bollinger Bands suggest a continuation of the current trend. A trailing stop could be implemented after the price moves beyond the breakout level to lock in gains while allowing for continued upside.