Market Overview for Across Protocol/Tether USDt (ACXUSDT)

• Price declined from 0.1367 to 0.1338, reflecting bearish momentum with oversold RSI.
• Volatility expanded in early hours, but volume was uneven, with key consolidation forming.
• A 0.1345–0.1355 resistance cluster may test buyers, with 0.1331–0.1335 forming immediate support.
• Bollinger Bands show price within one standard deviation, suggesting lower volatility ahead.
• Recent Fibonacci 61.8% level sits at ~0.1343, aligning with short-term resistance.

Across Protocol/Tether USDt (ACXUSDT) opened at 0.1367 at 12:00 ET – 1 and closed at 0.1338 at 12:00 ET on 2025-09-06. The 24-hour range was 0.1367 (high) to 0.1324 (low). Total traded volume was 1,786,544.1, with a notional turnover of approximately $241,761. The price action shows a bearish bias amid mixed volume signals.

Structure & Formations

The price formed a bearish continuation pattern over the 24-hour period, with several consolidation phases forming key clusters. A notable bearish engulfing pattern appeared around 0.1346–0.1343 on the 15-minute chart. Support levels formed at 0.1331–0.1335 and 0.1324–0.1328, while resistance is likely clustered at 0.1345–0.1355. A 0.1359–0.1367 area appears to act as a strong overhead resistance.

Moving Averages

On the 15-minute timeframe, the 20-period and 50-period SMAs are both bearish, with the price settling below both. The daily chart shows a similar bearish bias, with the 50-period and 100-period SMAs indicating a medium-term downtrend. The 200-period SMA is not yet reached but is expected to act as a major barrier below 0.1324.

MACD & RSI

The RSI has entered oversold territory (~25) near the 0.1331–0.1335 support level, suggesting a potential short-term rebound. However, the MACD remains bearish, with both the line and signal in negative territory. A crossover of the MACD line above the signal line could signal a near-term reversal but is yet to materialize.

Bollinger Bands

Price action has expanded within the Bollinger Bands over the past 24 hours, with recent volatility settling within one standard deviation. The 20-period bands suggest that a breakout may be imminent if the price moves above the 0.1345–0.1355 zone. A sustained move below the lower band would signal increased bearish momentum.

Volume & Turnover

Trading volume surged during the 21:30–21:45 ET session, reaching ~267,200 units, while turnover spiked around 0.1336–0.1346 in the afternoon. This suggests increased selling pressure during key support tests. However, volume has cooled off in the last few hours, with no clear divergence between price and turnover. A sharp volume spike near 0.1345–0.1355 could confirm a bullish reversal or breakdown, depending on direction.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 0.1367–0.1324 swing, key levels include 0.1346 (61.8%) and 0.1341 (50%), which align with recent consolidation and resistance. A break above 0.1346 could target the 0.1352–0.1355 area, while a break below 0.1328 may see the price head toward 0.1314 (38.2%) or lower.

Backtest Hypothesis

A potential backtesting strategy for ACXUSDT may involve entering short positions on a confirmed break below the 0.1331–0.1335 support zone with a stop-loss above 0.1345 and a target at 0.1324–0.1328. Alternatively, a long bias could be initiated on a bullish break above 0.1345–0.1355, targeting 0.1352–0.1360. Volume confirmation and divergence with RSI are key for filtering noise and improving signal reliability. This strategy aligns well with the bearish trendline and Fibonacci structure observed over the 24-hour period.