VeThor Token/Tether (VTHOUSDT) 24-Hour Market Overview

• VTHOUSDT formed bullish momentum during a 12-hour rally before consolidating.
• Price found key support at 0.001235–0.001243, rebounding with strong volume.
• Oversold RSI conditions emerged during the dip, suggesting potential recovery.
• Bollinger Bands show increased volatility as price approached the upper band.
• Volume surged during the rally but dropped sharply after 10:00 ET, signaling uncertainty.

VeThor Token/Tether (VTHOUSDT) opened at 0.001288 on October 13, 2025, reached a high of 0.001360, and closed at 0.001253 as of 12:00 ET on October 14. Total volume over 24 hours was 543,343,675, with a notional turnover of approximately $688.69 (based on average price). The pair displayed a clear short-term bullish trend, with a late-night rally peaking around 21:00 ET before a retracement began after 02:00 ET.

Structure & Formations

The 24-hour OHLCV data reveals a classic three-wave structure: a morning bullish rally, a consolidation phase at midday, and a late-night pullback. Notable candlestick patterns include a strong bullish engulfing pattern forming at 18:30–18:45 ET, indicating short-term bullish momentum. A bearish inside bar pattern appeared around 02:30 ET, signaling indecision and a potential reversal. The 0.001235–0.001243 range acted as critical support, where the price bounced on multiple occasions, suggesting strong buying interest.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned during the rally, indicating a tight price channel. However, after the peak at 0.001360, the 20-period MA began to lag the 50-period MA, forming a potential bearish crossover. On the daily chart, the 50/100/200-period MAs were broadly aligned around the 0.001295–0.001300 level, with price closing below all three, suggesting bearish bias over the medium term.

MACD & RSI

The MACD histogram showed strong positive divergence during the 18:00–21:00 ET rally, with momentum peaking at 21:30 ET before diverging sharply. The RSI hit an oversold level around 0.32 at 03:00 ET, indicating a possible rebound. However, the subsequent rally failed to close above key resistance at 0.001330–0.001340, and RSI failed to hold above 50 after 07:00 ET, signaling weakening momentum.

Bollinger Bands

Bollinger Bands expanded during the 18:00–21:30 ET rally, with price pushing above the upper band, indicating high volatility. After the peak, volatility collapsed, and price re-entered the band’s range. The lower band held firm at around 0.001235–0.001240, with the price touching it on multiple occasions but failing to break below, indicating strong support.

Volume & Turnover

Volume spiked during the 18:00–21:30 ET rally, with over 80 million contracts traded in the 0.001325–0.001360 range. However, after 02:00 ET, volume dropped significantly, suggesting reduced conviction in the bearish move. Notional turnover followed the same trend, peaking at 0.001355 before declining sharply. Price-volume divergence after 05:00 ET signaled potential exhaustion in the downward move.

Fibonacci Retracements

On the 15-minute chart, key retracement levels for the 0.001288–0.001360 rally were 0.001324 (38.2%), 0.001316 (50%), and 0.001307 (61.8%). Price found support at 0.001307 and 0.001324, suggesting potential continuation or consolidation. On the daily chart, retracement levels for the recent swing high at 0.001360 and swing low at 0.001235 indicate 0.001306 (38.2%) and 0.001266 (61.8%) as key levels to watch.

Backtest Hypothesis

Given the presence of a strong bullish engulfing pattern during the 18:30–18:45 ET rally, a potential backtesting strategy could test the effectiveness of entering long positions on confirmation of this pattern and holding for 3 days. The engulfing pattern appeared during a period of strong volume and momentum, suggesting a high-probability setup for continuation. If applied to similar setups, such as those identified on the 50/100/200-period moving averages and RSI divergence, this strategy could provide insight into the viability of using short-term candlestick signals for tactical entries.