Viction/Tether Market Overview

• Viction/Tether (VICUSDT) declined by 0.78% over 24 hours amid declining volume and bearish candlestick formations.
• Key support was tested at $0.2086–0.2089, with RSI indicating oversold conditions and potential for a rebound.
• Volatility expanded during the overnight session, with price dropping as low as $0.2041 before a modest recovery.
• MACD showed bearish divergence, while Bollinger Bands widened, suggesting a consolidation phase ahead.
• Volume surged in the early morning but faded as the pair approached key support levels.

The Viction/Tether (VICUSDT) pair opened at $0.2117 on 2025-09-23 at 12:00 ET, reached a high of $0.2142, and closed at $0.2109 at 12:00 ET the following day. The price declined to a low of $0.2041 during the overnight session before a partial recovery. Total volume traded over 24 hours was 1,955,604.25 VIC, with a notional turnover of $406,725.78.

Structure & Formations

The 24-hour period showed a sharp bearish move from $0.213–0.214 to as low as $0.2041, forming a large bearish engulfing pattern from 04:15 to 04:45 ET. This pattern confirmed bearish momentum. Later, a bullish harami appeared near $0.2086–0.2089, indicating potential support. A doji at 02:15 ET also signaled indecision in a key consolidation area.

Moving Averages

On the 15-minute chart, price spent much of the session below both the 20- and 50-period moving averages, reinforcing the bearish bias. On the daily chart, price remained above the 200-period MA but dipped below the 50- and 100-period MAs, suggesting intermediate-term bearish pressure.

MACD & RSI

The MACD histogram showed a bearish divergence during the overnight sell-off, with price continuing lower while the histogram flattened. RSI reached oversold territory (30–35) near $0.2086–0.2089, indicating potential for a short-term rebound. However, the strength of the move to $0.2041 suggests a deeper correction may still be in play.

Bollinger Bands

Volatility expanded dramatically during the overnight session as price moved from $0.210–0.211 to as low as $0.2041, breaching the lower band by a wide margin. The bands have since begun to contract, which may signal a potential consolidation phase.

Volume & Turnover

Volume surged during the early morning hours as price tested key support levels, with a spike of over 156,000 VIC traded at 04:15 ET. However, volume declined as price neared $0.2086–0.2089, indicating weak follow-through buying. This divergence suggests a temporary pause in the downtrend rather than a reversal.

Fibonacci Retracements

Applying Fibonacci to the overnight move from $0.213–0.214 to $0.2041, price currently sits near the 61.8% retracement level at $0.2099. The 50% level at $0.2086 appears to be a key pivot point for the next 24 hours. A close above this level could indicate a consolidation or even a short-term rally.

Backtest Hypothesis

A possible backtest strategy could focus on a range-bound trading approach based on the 50% Fibonacci level at $0.2086 and the 61.8% level at $0.2099. Traders might look for entries on pullbacks to $0.2086 with a stop-loss below $0.2075 and a target near $0.2105. MACD and RSI could be used to confirm bullish momentum and avoid false breakouts. Given the recent volatility and bearish divergence, this strategy may be best used with smaller position sizes and strict risk management.

Over the next 24 hours, VICUSDT could test the 50% Fibonacci level at $0.2086 for confirmation of a bounce or continuation of the bearish trend. While RSI suggests oversold conditions, the strength of the recent decline and bearish divergence in MACD imply caution. Investors should monitor volume and price behavior near $0.2086–0.2089 closely, as a breakdown could signal further downward movement.