Market Overview for Reserve Rights/Tether (RSRUSDT): October 25, 2025

• RSRUSDT opened at $0.005553, reached a high of $0.005573, and closed at $0.005447 after forming bearish engulfing patterns.
• Momentum shifted from bullish to bearish as RSI dropped below 50 and MACD crossed into negative territory.
• Volatility increased during the Asian session before consolidating in the final hours with no clear trend.
• Price found support near $0.005440–$0.005450, with resistance forming above $0.005550 ahead of the 24-hour close.
• Turnover spiked in the early morning before declining, signaling fading interest after a short-lived rally.

Reserve Rights/Tether (RSRUSDT) opened at $0.005553 on October 24 at 12:00 ET and closed at $0.005447 one day later at the same time. The pair reached a high of $0.005573 and a low of $0.005320 during the 24-hour period. Total traded volume was 135,106,438.2 units, with a notional turnover of $636,484.10. The session featured significant price swings, especially in the early morning hours, where a bearish engulfing pattern emerged, signaling a reversal from short-term bullish momentum.

Structure & Formations

Price action on RSRUSDT displayed multiple bearish candlestick formations throughout the session. A clear bearish engulfing pattern formed around 19:30–20:45 ET as price surged to $0.005573 before retreating below the prior bullish candle's open. This pattern was followed by a series of doji and spinning tops, indicating indecision among traders. Notable support levels were identified around $0.005440 and $0.005450, while resistance remained evident above $0.005550 and $0.005570.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed over late in the session, forming a bearish crossover as the 50 SMA dipped below the 20 SMA. On the daily chart, the 50-period MA sat above the 200-period MA but began to flatten, suggesting weakening bullish bias. The 100-period MA provided a minor ceiling above $0.005545, which price failed to reclaim in the final hours.

MACD & RSI

The MACD indicator turned negative during the Asian session as bearish pressure intensified, with the histogram contracting after the price consolidation. RSI dropped below 50, dipping into the neutral zone and failing to exceed 60 in the late morning, indicating a shift in momentum. However, it did not reach oversold territory below 30, suggesting the bearish move could continue unless buyers step in near the key support levels.

Bollinger Bands

Volatility expanded significantly between 19:00 and 22:00 ET as price moved from the lower band to the upper band, before narrowing again during the last three hours of the session. Price settled near the lower band at the close, indicating a potential short-term reversal or consolidation phase. A break above the upper band would confirm renewed bullish conviction, but the current setup favors continuation of the bearish trend.

Volume & Turnover

Volume surged during the late evening and early morning hours, particularly between 21:00 and 22:00 ET, coinciding with the bearish engulfing pattern. Turnover followed a similar trajectory, peaking at $15,000 before declining as the price action stalled. Divergence emerged in the final hours, where price continued lower despite decreasing volume, signaling weakening conviction in the bearish move. This could indicate a potential short-term bounce if the support levels hold.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from $0.005573 to $0.005440, price found support near the 76.4% retrace level ($0.005450). On the daily chart, retracement levels for the broader move from $0.005603 to $0.005420 showed 38.2% and 61.8% levels at $0.005510 and $0.005460, respectively. The 50% level at $0.005510 served as a key psychological level that price failed to reclaim in the last 24 hours.

Backtest Hypothesis

The recent bearish engulfing pattern on RSRUSDT highlights the potential for a short-term sell-off, making it a relevant setup for the proposed backtest strategy. Given the identified candlestick pattern, the next steps for validation require clarity on the entry and exit logic. For example, entering at the close of the engulfing candle or the next day’s open will influence signal timing and performance. Clarification on whether the holding period is one day or same-day closure will also determine the risk profile and accuracy of the backtest results. Once these parameters are confirmed, the backtest can be executed with a refined query, ensuring alignment with the technical signals observed in the 24-hour OHLCV data.