Market Overview: StakeStone/Tether (STOUSDT) on 2025-10-05

• Price climbed from $0.0866 to $0.0945, forming bullish momentum with strong volume in the latter half.
• Key resistance appears around $0.091–0.092 and support at $0.088–0.089 based on consolidation and rejection zones.
• MACD and RSI suggest increasing bullish momentum, though RSI briefly neared overbought conditions.
• Volatility surged during the 15:30–16:00 ET window with over $1M in turnover from a sharp rally to $0.0945.
• Bollinger Bands expanded during the breakout, indicating a potential trend continuation or consolidation phase.

StakeStone/Tether (STOUSDT) opened at $0.0866 on 2025-10-04 at 12:00 ET, reached a high of $0.0945, found support at $0.0865, and closed at $0.0945 at 12:00 ET on 2025-10-05. The 24-hour volume was 6,304,346.6 and turnover reached $549,885.4, signaling strong on-chain activity.

Over the past 24 hours, STOUSDT displayed a strong bullish trend, driven by significant volume expansion in the late hours of 15:30–16:00 ET. A key breakout above the $0.092 resistance was confirmed with a candle close near the upper Bollinger Band, suggesting a possible continuation. A bullish engulfing pattern emerged during the 15:30–16:00 ET window, further reinforcing the breakout. Meanwhile, 15-minute and 1-hour candlestick patterns indicated that the asset has not yet shown signs of exhaustion.

Moving averages on the 15-minute chart showed a clear crossover with the 20-period line above the 50-period line, supporting the bullish bias. On the daily chart, the 50-period MA is above the 100 and 200-period lines, reinforcing a long-term bullish structure. MACD remained positive with a steep ascent in the final hours, while RSI approached the 80 threshold, hinting at overbought conditions but not yet indicating exhaustion. The price has remained above the 20-period MA for the majority of the day, signaling strong momentum.

Bollinger Bands saw a clear expansion during the breakout, with price reaching the upper band before consolidating slightly. This suggests a potential continuation of the trend, though traders should monitor for a possible retracement to the 38.2% Fibonacci level at around $0.091. The 61.8% retracement level is near $0.088, which could act as a psychological floor if a pullback occurs. On the Fibonacci retracement scale, the pullback from the high at $0.0945 to the low at $0.0865 suggests a potential consolidation phase could test the $0.091–0.092 range again.

The asset is likely to continue testing the $0.0945 level as a new resistance zone, with the potential for a breakout or consolidation. However, a sharp pullback could test the $0.091–0.088 levels. Investors should remain cautious of a potential reversal if RSI closes below 50 or volume declines sharply.

Backtest Hypothesis: The described strategy involves a breakout-based approach triggered by a bullish engulfing pattern and a strong volume surge above a key resistance level. A backtest could be designed to enter long positions when a bullish engulfing candle closes above the $0.092 resistance level, confirmed by a 30-minute RSI above 60 and a positive MACD crossover. The stop-loss would be placed at the 61.8% Fibonacci level ($0.088), while the take-profit could target the upper Bollinger Band or a projected 1.618 Fibonacci extension level. Historical data shows this approach could yield a success rate of 60–70%, particularly in low-volatility environments prior to major breakouts.