Market Overview for REI Network/Tether (REIUSDT): October 8, 2025

• Price edged higher over 24 hours with a 0.6% gain and traded between 0.01510 and 0.01542.
• Momentum remained mixed with RSI hovering near 55, suggesting balanced buyer and seller pressure.
• Volatility expanded in late session as price surged past the 20-period MA on 15-min chart.
• Volume increased sharply post-14:00 ET, coinciding with a rally toward 0.01542 and a 2.0% volume spike.
• Notable bearish divergence appeared in RSI near 14:45 ET, hinting at potential pullback risk.

At 12:00 ET on October 7, 2025, REI Network/Tether (REIUSDT) opened at 0.01525, reached a high of 0.01542, a low of 0.01501, and closed at 0.0151 at 12:00 ET the following day. Total trading volume over the 24-hour period was 8,154,669.8 REI, with a notional turnover of approximately $123,870. The price action reflected a moderate bullish bias early in the session, followed by a consolidation phase and a late-day rally.

The 15-minute chart revealed a strong bullish bias after 00:00 ET on October 8, with the price breaking above the 20-period moving average at 0.01526 and settling near the 50-period MA at 0.01529. The 20 and 50-period lines crossed into a bullish alignment, reinforcing the potential for further upside. On the daily chart, the 50-period MA (0.01523) and 200-period MA (0.01519) remained in a slight bullish convergence, indicating that the medium-term trend favors buyers.

Structure & Formations

Key support levels identified during the session included 0.01513, 0.01519, and 0.01525, with the latter showing strong consolidation before a late-day breakout. Resistance levels emerged at 0.01526, 0.0153, and 0.01542, the last of which saw a short-lived rally. A bullish engulfing pattern was observed around 14:15 ET, as the price closed above the prior candle's body. A doji formed near 0.01529 at 01:45 ET, signaling indecision before a sharp upward move.

MACD & RSI

The MACD crossed above the signal line just after 00:00 ET and remained in bullish territory, suggesting strengthening upward momentum. RSI rose from 48 to 55 during the session, with a brief dip to 46 at 14:45 ET indicating bearish pressure. While not overbought (above 70) or oversold (below 30), the indicator showed moderate buyer interest, with bearish divergence suggesting a potential correction ahead.

Bollinger Bands

Volatility expanded in the final hours of the session, with the upper band reaching 0.01538 and the lower band at 0.01510. The price closed near the upper band at 0.0151, indicating overbought territory relative to the 15-minute timeframe. A contraction in band width occurred during the early hours, suggesting a period of consolidation before the breakout.

Volume & Turnover

Volume surged to a 24-hour peak of 1,004,768.5 REI at 01:00 ET, coinciding with a sharp rally to 0.01529. A smaller but notable spike occurred at 14:15 ET (110,673.3 REI) as the price reached 0.01535. Notional turnover followed the volume closely, with no significant divergence observed. The late-session rally was well-supported by volume, indicating genuine buyer participation.

Fibonacci Retracements

On the 15-minute chart, a rally from 0.0151 to 0.01542 was analyzed using Fibonacci levels. The 38.2% retracement level at 0.01524 acted as a short-term support, while the 61.8% level at 0.01533 was briefly tested before a pullback. Daily-level retracements showed the 61.8% level at 0.01524 as a key area of accumulation, suggesting potential consolidation or breakout ahead.

Looking ahead, REI Network/Tether may face immediate resistance at 0.01533 and 0.01542, with a potential test of the 0.01550 level if momentum strengthens. A retest of the 0.01526–0.01530 range appears likely in the next 24 hours, with the risk of a pullback to 0.01513 if RSI fails to maintain above 50.

Backtest Hypothesis

The provided backtest strategy involves a momentum-based approach, entering long positions on a bullish crossover of the 20 and 50-period moving averages on the 15-minute chart, while exiting short of the 20-period MA when RSI drops below 50. This aligns with today’s price action, as both crossovers occurred just after 00:00 ET and remained bullish for most of the session. The strategy would have captured the late-day rally toward 0.01542 and exited near 0.01526 if RSI had dipped below 50. Given the current alignment of indicators, the strategy appears well-suited for a continuation trade, though bearish divergence in the RSI suggests caution before extending long positions.