Alien Worlds/Tether (TLMUSDT) 24-Hour Market Overview

• Price opened at 0.00453 and closed at 0.00426, recording a 24-hour low of 0.00424 and high of 0.00458.
• A bearish momentum was confirmed by a late-day breakdown below key support levels and a sharp RSI decline.
• Volatility surged mid-day, with volume peaking at 56.2M at 15:00 ET, suggesting increased short-term trading activity.
• Bollinger Bands show a recent widening, indicating a potential continuation phase after a period of consolidation.
• Divergences in volume and price action in the final hour raise caution over near-term stability.

Alien Worlds/Tether (TLMUSDT) opened at 0.00453 on 2025-10-06 at 12:00 ET and closed at 0.00426 at 12:00 ET the following day. The pair touched a high of 0.00458 and a low of 0.00424 over the 24-hour period. Total volume traded was 123,798,410, with a notional turnover of approximately 555,800 USD (calculated as volume × average price).

Structure & Formations

The 15-minute chart revealed several key levels during the 24-hour period. A strong resistance level formed at 0.00456, with a failed attempt to break above this in the early evening. A bearish engulfing pattern appeared at 19:30 ET as the price closed below the prior bar's low. A doji at 14:45 ET indicated indecision, followed by a sharp decline. The price broke below critical support at 0.00450 in the evening and consolidated near 0.00445 before accelerating lower in the final hours.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages (SMA) converged in the 0.00451–0.00453 range. By the final hour, the price was trading well below both lines, reinforcing the bearish sentiment. On the daily chart, the 50-period SMA sits at 0.00458, with the price now below the 100 and 200-period SMAs, suggesting a shift into a downtrend.

MACD & RSI

The MACD turned negative in the early evening and continued to diverge as the sell-off accelerated. The RSI dropped sharply to 25 by 16:00 ET, entering oversold territory. While RSI suggests a possible bounce, the MACD’s bearish divergence implies that any short-covering may be limited. The combination of falling momentum and low RSI indicates a high probability of further consolidation or continued bearish bias in the short term.

Bollinger Bands

The price spent most of the day within the Bollinger Bands, with volatility peaking in the midday hours. A contraction occurred briefly at 10:00 ET before the bands widened sharply as the price broke lower. The current price of 0.00426 is positioned near the lower band, suggesting a high degree of bearish pressure and potential for a continuation of the downward move.

Volume & Turnover

Volume spiked at 15:00 ET, reaching 56.2M, coinciding with the price breaking below 0.00450. Despite the large volume, turnover remained relatively low compared to earlier in the session, indicating potential order thinning during the final leg of the decline. The final hour saw a divergence between volume and price, with price falling sharply but volume trailing off—suggesting a possible exhaustion in the bearish move.

Fibonacci Retracements

Using the high at 0.00458 and low at 0.00424, the 0.618 level is approximately at 0.00438. The price is currently below this level, indicating that the move may not be over yet. A bounce back above 0.00438 could trigger a retracement to 0.00447, but failure to hold there could extend the downside to 0.00428.

Backtest Hypothesis

A backtesting strategy that could be evaluated in this context would involve a combination of RSI oversold levels and Fibonacci retracement levels. For example, a long entry could be triggered when the RSI crosses above 25 and the price holds above the 0.618 Fibonacci level (0.00438). A stop-loss would be placed below the most recent swing low (e.g., 0.00424), with a take-profit target at the 0.618 to 0.786 retracement range. This approach would aim to capture short-term bounces in a downtrend, particularly during periods of high volatility and diverging volume.