Market Overview for Venus/Tether (XVSUSDT): 24-Hour Volatility and Structural Bearish Shift

• XVSUSDT opened at $6.36, traded between $6.00–$6.37, and closed near $6.09 amid a 24-hour volume of 54,287.75.
• A sharp decline from $6.37 to $6.00 marked a bearish momentum shift, with RSI hitting oversold territory.
• Bollinger Bands widened in the second half of the day, indicating rising volatility and potential for a reversal.
• Volume surged during the late ET hours, particularly between 09:00–12:00 ET, confirming bearish price action.
• Key support identified at $6.08–$6.06 and resistance at $6.15–$6.20 based on recurring bounce levels and Fibonacci levels.

Venus/Tether (XVSUSDT) opened at $6.36 on 2025-09-24 at 12:00 ET and traded as high as $6.37 before closing at $6.09 on 2025-09-25 at 12:00 ET. The 24-hour price action reached a low of $6.00. Total volume reached 54,287.75 with a turnover of approximately $326,848. The asset has exhibited a sharp bearish reversal after earlier consolidation.

Structure & Formations

The 15-minute chart reveals a strong bearish bias following a key breakdown below $6.20 and subsequent retest at $6.15. A long bearish candle on 09:0000 ET and a large bearish engulfing pattern at $6.13–$6.10 signaled strong selling pressure. A potential support zone is forming between $6.06–$6.08, with a doji at $6.08 on 15:3000 ET suggesting indecision. Key resistance lies at $6.15 (50% Fib level) and $6.20 (61.8% Fib level from the high of $6.37).

Moving Averages

On the 15-minute chart, the price closed below the 20-period and 50-period moving averages, reinforcing a bearish bias. The 50-period MA crossed below the 100-period MA in the 24-hour window, forming a death cross. On a daily scale, the 200-period MA remains above the 100-period MA, but the recent break below the 50-period MA suggests a potential shift in trend.

MACD & RSI

The RSI dropped below 30 in the final 8 hours of the 24-hour period, signaling oversold conditions, but failed to trigger a strong bounce. The MACD line crossed below the signal line with bearish divergence, confirming the weakening trend. A bearish histogram expansion has been visible from 03:4500–09:4500 ET, aligning with the volume spikes.

Bollinger Bands

Volatility expanded significantly in the last 6 hours of the period, with the upper and lower bands widening from a range of $6.25–$6.30 to $6.06–$6.13. Price action has remained near the lower band for most of the day, suggesting bearish momentum. A potential bounce from the lower band may occur if the $6.06–$6.08 support holds.

Volume & Turnover

Volume spiked significantly during the late ET hours, particularly between 09:0000–12:0000 ET, with over $83,000 in turnover concentrated in the $6.10–$6.06 range. This confirms the bearish breakdown and suggests strong selling pressure. A divergence is visible in the final 2 hours: while the price closed at $6.09, turnover dropped despite the proximity to the $6.06–$6.08 support, hinting at exhaustion or potential buying interest.

Fibonacci Retracements

Applying Fibonacci to the $6.00–$6.37 swing, key levels include 38.2% at $6.16, 50% at $6.18, and 61.8% at $6.21. The price has bounced off the 61.8% and 50% levels multiple times, forming strong resistance. The 38.2% level at $6.16 may act as a pivot point in the next 24 hours, with a potential retest expected if the support at $6.08 holds.

Backtest Hypothesis

A potential backtesting strategy involves a bearish breakout entry at a 20-period MA cross below the 50-period MA, confirmed by a close below the 50% Fibonacci level and a RSI reading under 30. A stop-loss could be placed at the recent swing high of $6.15, with a target at $6.06 and a second target at $6.00. Given the current structure, the setup suggests a high-probability short-term trade, assuming the $6.06–$6.08 support holds and volatility remains elevated.