REI Network/Tether Market Overview (2025-10-25)

• REIUSDT edged higher by 0.42% over 24 hours, closing near intraday high amid moderate volume.• Momentum shifted after 8:00 PM ET with a sharp rally to $0.01215, followed by consolidation.• Volatility remained stable with Bollinger Bands widening slightly during the late-ET rally.• Volume surged at 8:00 PM ET with 757,971 REI traded, but subsequent follow-through was limited.• No clear bearish reversal patterns observed; bullish continuation patterns dominate recent sessions.

REIUSDT opened at $0.01185 at 12:00 ET-1 on 2025-10-24, touched a high of $0.01215, and closed at $0.01194 at 12:00 ET on 2025-10-25. The 24-hour period saw a total volume of 16,808,148 REI and a notional turnover of $202,459 (based on 15-minute weighted average prices).

Structure & Formations

The 15-minute chart shows a strong bullish bias from 8:00 PM to 10:00 PM ET on 2025-10-24, with a high-volume rally pushing the pair above $0.01205. A series of higher highs and higher lows from 20:0000 to 23:4500 suggests a short-term breakout. Key support levels appear to be forming around $0.01187 and $0.01181, with resistance at $0.01213 and $0.01217. A bullish engulfing pattern is visible between 20:3000 and 20:4500, reinforcing the short-term upside bias.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line (a golden cross) at 20:3000, confirming a shift in momentum. The 50-period line has held steady at $0.01206, acting as dynamic support. On a daily basis, the 50-period moving average at $0.01202 remains above the 200-period line at $0.01194, suggesting an ongoing bullish trend. Traders may watch for a break below the 20-period line at $0.01200 as a potential early signal of weakening momentum.

MACD & RSI

The MACD crossed above zero at 20:3000, confirming a bullish crossover, while the histogram expanded to suggest increasing momentum. RSI reached a peak of 65 at 20:4500, still in neutral territory, with a pullback to 55 by 3:0000 the next morning, indicating no overbought conditions. A potential divergence between RSI and price is emerging post-3:0000, suggesting caution ahead. These indicators imply that while the rally remains intact, the risk of a pullback is rising.

Bollinger Bands

Volatility expanded significantly during the late-ET rally, with the upper band reaching $0.01215. Price has remained within the bands, with the middle band at $0.01203 acting as a key psychological level. The lower band is now at $0.01191, a level that has held firm for multiple cycles. A contraction in the bands may signal a potential reversal point, but for now, prices remain well within the upper third of the channel, suggesting continued bullish participation.

Volume & Turnover

Volume spiked to 757,971 REI at 8:00 PM ET, coinciding with the price surge, but subsequent sessions saw a moderation in activity. Notional turnover increased to $9,245 during this period, followed by a drop to below $3,000 in the following hour, suggesting a lack of follow-through. A divergence between price and turnover at 10:00 PM ET may hint at weakening conviction. Traders should monitor if volume rises again with a break above $0.01213 for confirmation of a sustained bullish breakout.

Fibonacci Retracements

Applying Fibonacci to the recent swing from $0.01176 to $0.01215, the 61.8% level at $0.01202 has been a key support/resistance level, with price bouncing off this level multiple times. The 38.2% level at $0.01197 also served as a minor resistance. On the 15-minute chart, the 61.8% retracement level at $0.01199 has been a key support line since 2:30 AM ET. A break below this level could trigger a retest of the 38.2% level at $0.01194.

Backtest Hypothesis

To enhance this analysis with predictive insights, I aim to run a MACD-based golden-cross backtest for the REIUSDT pair from 2022 to present, using a 5-day holding period. To proceed, I require confirmation of the correct ticker symbol (e.g., BINANCE:REIUSDT or another exchange-specific format). Once validated, I can pull the correct data and assess the strategy’s historical performance, offering a data-driven view of its potential utility for future trades.