Market Overview for Starknet/Tether (STRKUSDT) – October 27, 2025

• STRKUSDT opened at $0.1249, hit a high of $0.1298, and closed at $0.1246 on 2025-10-27.
• Price tested key resistance at $0.1275–$0.1285 before consolidating below the 20-period MA.
• RSI approached overbought levels during the late-night rally, now correcting near neutral territory.
• Volatility surged in the 22:15–05:30 ET window, with volume spiking over 1M STRK in several hourly intervals.
• A bearish divergence in price and volume suggests caution ahead, as buyers have yet to reassert control.

The Starknet/Tether (STRKUSDT) pair opened at $0.1249 on October 26 at 12:00 ET and closed at $0.1246 on October 27 at the same time. Price reached an intraday high of $0.1298 during the 5:30–6:00 AM ET window and touched a low of $0.1216 later in the afternoon. Total volume over the 24-hour period was approximately 13,295,091 STRK, while notional turnover amounted to roughly $1,637,897. Price action reflected a volatile session with a sharp rally early in the morning and a broad correction in the afternoon and evening.

Key support levels emerged around $0.1225–$0.1240 and $0.1216–$0.1220, where buyers appeared to step in multiple times during the day. Resistance was evident at $0.1270–$0.1285, which price briefly breached but failed to sustain. Several bearish candlestick formations, including a high-wave candle and a bearish engulfing pattern, appeared in the late morning and early afternoon, signaling distribution and exhaustion. The absence of a clear bullish continuation pattern after the $0.1298 high suggests short-term uncertainty.

Moving averages on the 15-minute chart show a bearish crossover with the 20-period MA falling below the 50-period MA after midday, reflecting a shift in momentum. Daily MAs (50, 100, 200) remain in a bearish alignment, reinforcing the short-to-medium-term bearish bias. The MACD (12,26,9) showed a bearish crossover early on, with the histogram declining after the morning high. RSI reached overbought levels (~72) during the 5:30–6:00 AM ET rally but has since corrected into neutral territory (~50). This suggests that the rally may have been overextended and could face further resistance in the short term.

Bollinger Bands widened significantly during the 5:30–6:00 AM ET rally as price surged above the upper band. Price subsequently retracted toward the lower band, which acted as a temporary floor in the late afternoon. This volatility expansion and retraction pattern often precedes a consolidation phase or a potential breakout attempt. The 20-period standard deviation reached its highest level of the day during the rally, highlighting the unusual intensity of the move. As of the final candle on October 27 at 12:00 ET, price sat just above the 10-day average of $0.1243.

The RSI and MACD divergence observed near the $0.1298 high aligns with a potential overbought condition that may trigger a short-term pullback. Fibonacci retracement levels from the October 26–27 rally show that $0.1240 (61.8%) and $0.1235 (78.6%) are likely key support areas to watch. Volume has remained elevated in the 22:15–06:00 ET window, suggesting strong participation during the rally and subsequent profit-taking. However, the bearish divergence in price and volume after the morning peak raises the risk of further downward movement in the next 24 hours.

Backtest Hypothesis

Technical indicators like RSI and MACD are central to momentum-based trading strategies, including the “RSI < 30, hold 5 days” approach. In the context of STRKUSDT, RSI has approached overbought levels but has not yet entered oversold territory (<30), which would typically generate a buy signal in this framework. However, the current bearish divergence and correction from overbought levels suggest that an RSI-based strategy might need additional confirmation (e.g., from MACD or Bollinger Band retraction) to avoid false signals. For a backtest, RSI and MACD should be cross-validated with volume and price-volume divergence to improve entry timing. If STRKUSDT enters a new bear phase, such a strategy may yield mixed results without adjustments for range-bound or sideways conditions.