USTCUSDT Market Overview: TerraClassicUSD/Tether USDt on 2025-09-10

• Price surged from $0.01349 to $0.01378 on strong volume.
• RSI crossed into overbought territory mid-day, indicating potential short-term correction.
• Bollinger Bands expanded as volatility increased during the 5–6 AM ET window.
• Volume surged at key resistance levels, confirming bullish momentum.
• 15-minute candles showed multiple bullish engulfing patterns after 05:30 ET.

TerraClassicUSD/Tether USDt (USTCUSDT) opened at $0.01349 at 12:00 ET – 1 and closed at $0.01369 at 12:00 ET, with a high of $0.01385 and a low of $0.01343. The 24-hour volume reached 32,886,443.0, while the total turnover amounted to $447,703.90 (volume × average price). Price surged on strong volume late in the day, with key resistance tested and confirmed.

Structure & Formations

USTCUSDT showed a bullish bias on the 15-minute chart, with a key support area forming around $0.01358–0.01361. A notable bullish engulfing pattern appeared at 05:30 ET, followed by a strong rally into the $0.01385 high. A bearish harami formed at 09:15 ET, suggesting a short-term pullback. Key resistance levels at $0.01368 and $0.01378 were tested and held, with price bouncing back after minor retracements.

Moving Averages

On the 15-minute chart, price moved above the 20 and 50-period moving averages throughout the day, confirming bullish momentum. The 50-period line acted as dynamic support in the morning before being taken out. Daily chart averages (50/100/200) showed a longer-term bullish trend, with price staying above all three in the 24-hour period.

MACD & RSI

MACD crossed into positive territory at 05:30 ET and remained above the signal line, confirming the bullish bias. RSI pushed into overbought territory (above 60) during the midday rally, peaking near 68, indicating a potential consolidation phase. A bearish divergence was noted in the RSI at 09:15 ET, which coincided with the bearish harami pattern.

Bollinger Bands

Volatility expanded during the 5–6 AM ET window, pushing price to the upper band and confirming a breakout from a tight range. Price closed near the upper band at 12:00 ET, indicating continued bullish momentum. A contraction in the bands occurred at the start of the day, suggesting a consolidation phase before the morning surge.

Volume & Turnover

Volume spiked during the key resistance breaks at 05:30 ET and again at 09:15 ET, confirming strong buying pressure. The 05:30 ET candle had the highest volume (3,673,790.0) and turnover ($50,160.30), while the 09:15 ET candle saw high volume with slightly lower turnover, indicating a potential short-term peak. No significant price-volume divergence was observed during the 24-hour period.

Fibonacci Retracements

Applying Fibonacci retracements to the key 05:30–07:00 ET rally, price found support at the 38.2% ($0.01368) and 50% ($0.01366) levels. A pullback to the 61.8% level ($0.01362) appears to have been rejected, suggesting continued bullish momentum. On the daily chart, a retracement to the 38.2% level would target $0.01362–0.01366, aligning with recent consolidation levels.

Backtest Hypothesis

The backtesting strategy relies on key 15-minute candlestick patterns (e.g., bullish engulfing, bearish harami) combined with RSI and volume confirmation. A potential trade setup would occur when price breaks above the 05:30 ET high ($0.01385) on increased volume and RSI remains above 50. A stop-loss could be placed below the 09:15 ET low ($0.01362), with a target at $0.01395–0.01400. This aligns with the observed momentum and structure of the recent move.