Viction/Tether Market Overview: VICUSDT (2025-09-18)

• Viction/Tether (VICUSDT) surged to 0.2376 before consolidating, with bullish momentum evident in RSI and MACD divergence.
• Price action showed strong volume during the 15-minute breakouts, with notable accumulation between 0.2340–0.2360.
• Bollinger Bands tightened near 0.2340 before a sharp expansion, signaling increased volatility.
• A 61.8% Fibonacci level at 0.2355 appears to have provided support, aligning with key volume clusters.
• Downturns after 02:00 ET lacked follow-through, suggesting short-term buyers remain in control.

Viction/Tether (VICUSDT) opened at 0.2250 on 2025-09-17 12:00 ET and closed at 0.2342 by 2025-09-18 12:00 ET, reaching a high of 0.2376 and a low of 0.2238. The pair recorded a total volume of 2,596,982.78 and a notional turnover of $589,643.27 over the 24-hour period.

Structure & Formations

Price action displayed clear support at 0.2340–0.2355, with several candlesticks forming bullish patterns such as a hammer near 0.2340 and a bullish engulfing pattern during the 02:15–03:00 ET period. A key resistance level appears to be forming at 0.2375–0.2380, where volume began to show signs of exhaustion after the 03:45 ET breakout.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed above key support levels, indicating short-term bullish momentum. On the daily timeframe, the 50-period MA appears to be acting as dynamic support, with price staying above both 100- and 200-period MAs, suggesting an ongoing uptrend.

MACD & RSI

The MACD line remained above the signal line for most of the 24-hour period, with a recent divergence between price and RSI indicating potential exhaustion in the short-term rally. RSI moved into overbought territory around 04:00 ET but pulled back to neutral levels, suggesting a consolidation phase rather than a reversal.

Bollinger Bands

Volatility expanded during the 22:00–03:00 ET window, with price frequently touching the upper band before retesting the 0.2340–0.2355 support corridor. A contraction in the bands was observed between 03:45–04:30 ET, signaling a possible breakout phase, which occurred at 05:00 ET toward 0.2371–0.2376.

Volume & Turnover

Volume spiked dramatically during the 02:00–03:00 and 05:00–06:00 ET periods, with large notional turnover coinciding with price breakouts. A divergence in volume and price during the 09:00–10:00 ET retracement suggested that sellers had limited strength, reinforcing the bearish bias for further dips.

Fibonacci Retracements

Applying Fibonacci to the key 15-minute swing from 0.2238 to 0.2376, the 61.8% retracement level at 0.2319–0.2325 provided strong support, which was retested multiple times. The 50% level at 0.2307 was a minor resistance but held only briefly during the 01:00–02:00 ET retracement.

Backtest Hypothesis

Given the strong support at 0.2340 and the bullish divergence in MACD and RSI, a potential backtest strategy could involve entering a long position at a breakout above 0.2360 with a stop loss placed just below 0.2345. The target could be set at 0.2375–0.2380, with trailing stops above key resistance levels if the rally continues. This setup is supported by the accumulation at 0.2355 and the 61.8% Fibonacci level, which align with major technical confluence areas.