Market Overview for yearn.finance/Tether (YFIUSDT): Rally Breaks Key Resistance Amid High Volume
• Price surged 12.5% from $5,063 to a high of $5,163, driven by late-day buying momentum.
• Strong 15-minute bullish reversal patterns emerged after a key support level at $5,023.
• Volatility expanded, with Bollinger Bands widening as price rose above the 15-minute MA crossover.
• RSI hit overbought levels near 72, indicating potential short-term exhaustion after a rapid rally.
• Turnover surged near the $5,160–$5,150 zone, confirming accumulation ahead of key resistance.
The yearn.finance/Tether (YFIUSDT) pair opened at $5,063 on 2025-09-22 at 16:00 ET and reached a high of $5,163 during the 24-hour period, with a low of $5,015. The pair closed at $5,156 at 12:00 ET the following day. Total volume across the 15-minute chart was approximately 137.6 BTC-equivalent, while notional turnover summed to $696,800, marking a notable increase from the previous session.
Structure and price formations on the 15-minute chart revealed a strong bullish reversal pattern after a dip to the critical support zone near $5,023. A sequence of higher lows and narrowing ranges in the morning hours led to a breakout above key resistance at $5,085. The price then accelerated upward, forming a bullish flag pattern as volume picked up in the late-night to early-morning session. A key 61.8% Fibonacci retracement level at $5,147 was also breached, adding to the bullish bias for the short-term.
The 20-period and 50-period moving averages on the 15-minute chart crossed to the upside during the rally, confirming a shift in momentum. Price remained above the 20SMA for much of the latter half of the session, suggesting continued buying pressure. On the daily chart, the 50-period MA is well below current price action, indicating a medium-term bullish trend. The 200SMA, however, remains a critical hurdle for long-term bulls.
The MACD crossed above zero during the early hours of 2025-09-23, with a positive histogram suggesting strong momentum in the rally. The RSI reached overbought territory near 72 in the late session, indicating a potential pause or consolidation phase in the near term. Bollinger Bands showed a clear expansion as volatility rose, with price staying above the upper band for part of the session—confirming strength. A contraction in volatility is likely as the price stabilizes near recent highs.
Notional turnover spiked in the $5,160–$5,150 range, confirming accumulation ahead of the 20-period SMA on the 15-minute chart. Volume was relatively lower during the initial bearish leg but surged in the final 6 hours of the session, especially between 03:00 and 06:00 ET. Divergences were not observed in price and volume, suggesting a strong and coordinated move by institutional or large-cap buyers.
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Fibonacci levels applied to the recent 15-minute swing from $5,023 to $5,163 revealed a key 61.8% retracement at $5,147, which was cleared by the close. On the daily chart, a larger Fibonacci retracement from $4,900 (support) to $5,200 (resistance) shows the 50% retracement at $5,050 has been left behind, while the 38.2% level at $5,110 is now a key near-term support. The price appears to be trading in the higher part of this range, favoring bulls for the next 24–48 hours.
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