Market Overview: REI Network/Tether (REIUSDT) – 24-Hour Analysis (2025-10-13)

• REIUSDT rose 2.2% in 24h amid increasing volume and bullish momentum in the late ET session.
• Price tested and held above the $0.0122 psychological level, with a bullish engulfing pattern forming near $0.01223.
• Volatility expanded in the final 8 hours, with Bollinger Bands widening and price approaching the upper band.
• MACD crossed into positive territory late in the session, indicating potential follow-through buying.

REI Network/Tether (REIUSDT) opened at $0.01183 on 2025-10-12 at 12:00 ET, surged to a high of $0.01274, and closed at $0.01255 as of 12:00 ET on 2025-10-13. Total volume reached 20.5 million units, with a notional turnover of $2.62 million. Price action showed a clear shift in sentiment, with a bullish continuation forming toward $0.0127.

Structure on the 15-minute chart revealed a key support level at $0.01223 and a resistance cluster near $0.01263–0.0127. A strong bullish engulfing pattern formed at $0.01223–0.01227, signaling conviction in the upside. Price also tested a prior resistance level at $0.01263 in the final hour, which appeared to hold as a temporary ceiling. The 20-period moving average crossed above the 50-period line late in the session, reinforcing a short-term bullish bias.

The RSI climbed into overbought territory in the last 4 hours of trading, peaking at 64.5, suggesting strong upward momentum but potential for a pullback. MACD crossed above the signal line at around 04:30 ET, forming a golden cross that aligns with the bullish price action. Volatility, as measured by Bollinger Band width, expanded significantly in the last 8 hours, with price hovering near the upper band during the peak buying period.

Fibonacci retracement levels applied to the most recent 15-minute swing (from $0.0122 to $0.01274) suggest key retracement levels at $0.01252 (38.2%) and $0.01239 (61.8%). These levels could serve as potential support or resistance if the price consolidates in the next 24 hours.

Volume spiked to over 1.9 million units at $0.0127–0.01274, indicating strong accumulation at the recent high. Turnover also increased by ~200% during the same period, aligning with the upward price movement.

Backtest Hypothesis: The MACD golden cross observed at 04:30 ET could serve as a viable entry signal for a 7-day holding period. Given the strong RSI divergence and volume confirmation, a backtest of this strategy since 2022 could provide insight into its robustness. A clean 7-day exit rule would help in isolating the signal's effectiveness, though incorporating stop-loss parameters may improve risk-adjusted returns in volatile conditions like the one seen today.