Market Overview for Test/Tether (TSTUSDT) – 2025-10-13

• Test/Tether (TSTUSDT) opened at $0.02362, reached a high of $0.02552 before closing at $0.0249.
• Volatility expanded mid-session with a high-low range of $0.00218, reflecting heightened interest.
• A bearish reversal pattern emerged after a bullish surge, suggesting potential indecision.
• Total volume hit ~63.3M units, with a turnover of $1.59M, showing increased liquidity.
• RSI hovered near neutral territory, while MACD showed a fading bullish signal.

Test/Tether (TSTUSDT) opened at $0.02362 on 2025-10-12 at 12:00 ET and closed at $0.0249 by 12:00 ET on 2025-10-13. The 24-hour session saw a high of $0.02552 and a low of $0.02321, with total volume of 63,342,819.2 units and a notional turnover of approximately $1.59M.

The price structure reflects a sharp bullish breakout mid-session, peaking at $0.02552 before retreating into consolidation. A key support level appears to form around $0.0244–0.0245, with a resistance band near $0.0251–0.0252. A large bearish engulfing pattern formed in the late afternoon of 2025-10-12, signaling potential exhaustion of the bullish momentum.

Bollinger Bands widened during the breakout, indicating increased volatility, and price has since retracted toward the lower band. MACD showed a positive divergence in early morning, but the histogram has since flattened, suggesting waning momentum. RSI remains in the mid-range (40–50), indicating no overbought or oversold conditions.

Fibonacci retracement levels for the $0.02321–$0.02552 swing suggest a 38.2% retrace to $0.02459 and a 61.8% level at $0.02403, aligning with observed consolidation. Volume was strongest during the breakout, but recent candlesticks show lower volume and mixed directional cues, suggesting traders may be pausing to reassess the setup.

The backtesting strategy provided relies on a simple three-day hold period with no active risk management. In the context of TSTUSDT’s recent volatility and price behavior, a test could focus on entries at key Fibonacci levels and exit at the 50-period moving average, using RSI as a filter. This aligns with the observed price behavior and could offer insights into potential continuation or reversal scenarios.