Market Overview for REI Network/Tether (REIUSDT)

• Price opened at $0.0126 and reached a high of $0.01314 before closing at $0.01228.
• A sharp decline followed after 05:00 ET, with bearish momentum intensifying through the overnight session.
• Volume spiked sharply during the early afternoon before tapering off, while turnover mirrored price volatility closely.
• Key support at $0.01208 was tested and held temporarily, but failed to reverse the downtrend.
• RSI entered oversold territory near the 20 level at market close, hinting at possible near-term stabilization.

The REI Network/Tether pair (REIUSDT) opened at $0.0126 on October 13, 2025, and traded as high as $0.01314 before closing at $0.01228 on October 14, 2025. Total volume for the 24-hour period was 31,921,643 tokens, with a notional turnover of $396,505. Price action was characterized by a strong bull run in the early evening hours, followed by a sharp bearish correction overnight.

Over the past 24 hours, REIUSDT formed a bearish reversal pattern following a short-lived bullish breakout. The price initially tested a 61.8% Fibonacci level at $0.01305 during the afternoon, but failed to consolidate above it. On the 15-minute chart, the 20-period moving average crossed below the 50-period line, signaling a shift in momentum. The 50-period MA also crossed below the 100-period MA on the daily chart, reinforcing bearish sentiment.

The MACD crossed into negative territory during the overnight sell-off, confirming a loss of bullish momentum. RSI briefly entered overbought territory in the late afternoon but quickly reversed and fell below the oversold threshold by close. Price spent the final two hours within the lower half of the Bollinger Bands, suggesting a potential consolidation phase. A key support level at $0.01208 was tested and partially held, but failed to reverse the trend.

Volume spiked during the initial bull run and again during the overnight drop, aligning with price declines. Notional turnover mirrored this pattern, indicating strong conviction during both upward and downward moves. However, divergence between volume and price during the afternoon sell-off suggests a lack of follow-through in the bullish phase. Looking ahead, traders may watch the $0.0124–$0.0126 range for potential consolidation or further downside. Volatility remains elevated, and a break below $0.01208 could trigger more aggressive selling.

The backtesting strategy described hinges on identifying MACD Golden-Cross events and holding the position for five days. Given the technical profile of REIUSDT, the pair may be suitable for such a strategy due to its clear momentum shifts and frequent crossovers on the 15-minute chart. Applying the strategy to REIUSDT would involve selecting historical dates when the MACD line crossed above the signal line, entering the trade, and holding for five days regardless of stop-loss or take-profit levels. The key assumption here is that the pair’s tendency to respond to changes in momentum may align with the strategy’s rules. A backtest on REIUSDT using this approach could provide insights into its short-term trend-following potential.