Market Overview for Viction/Tether (VICUSDT) – 24-Hour Summary (2025-10-05)

• Viction/Tether (VICUSDT) traded in a narrow range until a sharp 3-hour rally pushed price to a 24-hour high of 0.2235.
• Price closed at 0.2191 after a bearish correction, with total volume above 700,000 and turnover exceeding $150,000.
• Key support emerged near 0.2171, where price consolidated for two hours, while resistance capped at 0.2219 during early ET hours.
• RSI showed overbought conditions during the rally, suggesting potential exhaustion, while volume diverged during the pullback.
• Bollinger Bands expanded during the breakout to 0.2235, signaling a short-term increase in volatility and momentum.

Viction/Tether (VICUSDT) opened at 0.2158 on 2025-10-04 12:00 ET and reached an intraday high of 0.2235 before closing at 0.2191 on 2025-10-05 12:00 ET. The pair traded between 0.2156 and 0.2235 over the 24-hour period. Total trading volume amounted to 700,346.54 VIC, while notional turnover was approximately $154,234.

1. Structure & Formations

Price action revealed a distinct bullish divergence on the 15-minute chart starting at 02:45 ET, with price breaking above a 0.2191 psychological level followed by a strong candle that closed near the high. A key resistance zone emerged between 0.2206 and 0.2219, where price stalled for over three hours. On the downside, a bearish engulfing pattern formed at 14:45 ET, signaling a potential short-term reversal near 0.2171.

2. Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart were closely aligned, suggesting a neutral bias. On the daily chart, the 50-period MA (0.2178) is below the 200-period MA (0.2167), signaling a bearish long-term trend, though the 100-period MA (0.2174) shows early signs of support forming.

3. MACD & RSI

MACD lines showed a bullish crossover at 02:45 ET, coinciding with the price breakout above 0.2191. RSI reached overbought territory (75) shortly after the 0.2235 high, suggesting a likely pullback. A bearish divergence emerged between RSI and price action at 15:45 ET, indicating weakening momentum during the consolidation phase.

4. Bollinger Bands

Bollinger Bands expanded during the 0.2235 high, showing heightened volatility. Price traded near the upper band for much of the day, with a pullback to the lower band at 15:00 ET, forming a potential trading range between 0.2171 and 0.2219.

5. Volume & Turnover

Volume surged to 77,212.76 VIC during the 05:00 ET rally, aligning with the breakout to 0.2235. However, the subsequent pullback saw a decline in volume despite a significant price drop, suggesting potential distribution. Notional turnover followed a similar pattern, peaking at 05:00 ET and declining afterward, reinforcing the idea of profit-taking.

6. Fibonacci Retracements

Applying Fibonacci to the 0.2171–0.2235 swing, key retracement levels at 0.2199 (38.2%) and 0.2206 (61.8%) provided clear support/resistance levels. Price stalled at both during the afternoon and evening ET hours, indicating strong internal resistance to further upward movement.

7. Backtest Hypothesis

A potential backtesting strategy could be triggered at the 02:45 ET breakout, with a long entry at 0.2191 and a stop-loss placed at 0.2171. A take-profit target of 0.2235 was reached within a few hours, offering a 4.6% return. The divergence in RSI and volume during the pullback from 0.2235 to 0.2191 could also serve as a short entry signal, assuming a retest of the 0.2191 level. This strategy highlights the importance of aligning Fibonacci retracement levels with divergence in momentum indicators and volume behavior.