Market Overview for USDC/Zloty on 2025-09-24

• USDC/Zloty opened at 3.619 and closed at 3.640 after a steady upward trend from 16:00 ET.
• Price surged from 3.612 to 3.640, with key resistance levels near 3.620–3.630 successfully broken.
• Volatility increased with high volume of 152,200, supporting bullish momentum in the final hours.
• RSI reached 62–68 in the late session, indicating moderate strength with no clear overbought signal yet.
• Bollinger Bands widened during the late ET hours, confirming breakout potential.

Market Overview

USDC/Zloty (ticker: USDCPLN) opened at 3.619 on 2025-09-23 at 16:00 ET and closed at 3.640 at 12:00 ET on 2025-09-24. The 24-hour range was 3.612 to 3.640, with total volume of 1,040,613 and turnover of 3,622,016.65. The pair showed clear upward bias, particularly from 21:00 to 05:00 ET, followed by a strong rally in the final hours of the report.

The 15-minute chart displayed a strong bullish bias, with price consolidating above 3.618 after an early sell-off. A notable engulfing pattern formed near 3.613–3.615 around 21:15 ET, followed by a strong bullish reversal. Price then moved into a range between 3.617 and 3.621 for several hours, before a breakout above 3.624 confirmed a shift in momentum.

Structure & Formations

Key support levels emerged at 3.613–3.615, which were tested multiple times over the 24-hour window. Price found rejection from this level before resuming its upward trajectory. The 3.618–3.621 range acted as a consolidation zone, with a breakout above 3.624 signaling a continuation of bullish momentum. A 3.621–3.628 range then offered consolidation again before the final leg up. A long-bodied bullish candle at 05:45 ET, followed by a strong 3.629–3.640 surge, confirmed a move into a new 15-minute high.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were aligned with the rising trend. The 20 MA crossed above the 50 MA around 06:15 ET, reinforcing bullish momentum. For daily chart indicators, the 50-period and 200-period moving averages were not directly provided, but the 15-minute alignment suggests price is trending above the 50 MA, suggesting continuation of the uptrend in the near-term.

MACD & RSI

MACD showed a positive divergence with rising bars from 06:00 to 11:00 ET, confirming bullish momentum. RSI climbed from the mid-50s to the upper 60s–68 range in the final hours, indicating moderate strength without reaching overbought territory. There was no clear overbought signal at the 70 level, suggesting the trend may continue. However, a failure to close above 3.640 in the next 24 hours could signal a pullback.

Bollinger Bands

Bollinger Bands showed increasing volatility from 07:00 to 12:00 ET as price broke out of the 3.620–3.630 range. Price remained above the mid-band for most of the period, indicating strong bullish momentum. A contraction occurred briefly around 05:00 to 06:00 ET, but was quickly followed by a strong expansion, suggesting a potential continuation of the trend.

Volume & Turnover

Volume surged significantly during the breakout above 3.624 and peaked near 3.640, indicating strong participation and conviction. The final hour (12:00 ET) showed the highest volume at 13660, confirming the closing strength. Turnover also increased, aligning with the price action. No divergence was observed between price and volume, supporting the bullish narrative.

Fibonacci Retracements

Applying Fibonacci retracements to the recent swing from 3.612 to 3.640, key levels include 3.622 (23.6%), 3.629 (38.2%), and 3.636 (61.8%). Price found support near 3.613–3.615 and 3.618–3.620, confirming these retracement levels. The 3.629–3.633 range was a critical consolidation point before the final push to 3.640. A retest of 3.636 or 3.639 in the next 24 hours would be a key watch level.

Backtest Hypothesis

The backtest strategy suggests entering a long position when price breaks above a 3.618–3.620 range with confirmation by a bullish engulfing pattern and increasing volume. A stop-loss would be placed below 3.613–3.615, with a target at the next Fibonacci level, 3.629–3.633. This aligns with the observed price action, where a breakout from 3.613–3.615 occurred at 21:15 ET, followed by a strong move toward 3.629–3.640. The strategy could be applied in the next 24 hours with a focus on a retest of 3.624–3.629 before initiating a long position.