Audius/Tether (AUDIOUSDT) Market Overview: 24-Hour Technical Summary

• Price traded in a narrow range with choppy momentum, capped by 0.0543 and supported near 0.0531.
• Volume spiked after 22:00 ET, coinciding with a breakdown attempt and retesting of key support.
• RSI and MACD remain neutral, suggesting potential for either a consolidation or breakout in the near term.
• Bollinger Bands show moderate contraction early, followed by expansion as volatility increased.
• Turnover confirmed price action with higher liquidity observed in late evening and early morning ET.

Audius/Tether (AUDIOUSDT) opened at 0.0549 on 2025-09-25 at 12:00 ET and closed at 0.0533 on 2025-09-26 at 12:00 ET, with a high of 0.0549 and a low of 0.0527 over the 24-hour window. Total volume reached approximately 11.4 million, while notional turnover amounted to $593,360. Price action showed a bearish bias in the first half of the cycle but failed to establish a strong downward trend.

Structure & Formations

The 24-hour chart formed a bearish pennant pattern around 0.0536, with resistance clustering around 0.0543 and support near 0.0531. A key bearish engulfing pattern appeared during the 17:30–18:00 ET period, indicating a short-term shift in sentiment. A doji near 0.0533 at 10:45 ET suggested indecision. Price has spent most of the period between these two levels, forming a range-bound structure.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart crossed multiple times, signaling choppy conditions. On a longer time frame, the 50-period daily SMA sits just above current levels at 0.0535, while the 200-period SMA provides a broader context for the 0.0531–0.0535 trading band. Price remains below the 100-period daily SMA, suggesting continued bearish bias.

MACD & RSI

The MACD remained in neutral territory throughout, with no clear divergence observed between price and momentum. RSI oscillated between 40 and 60, failing to show overbought or oversold readings. This suggests a period of consolidation rather than a breakout scenario. However, a slight bearish divergence was noted in the late hours of 2025-09-25, which may have foreshadowed the breakdown near 0.0531.

Bollinger Bands

Volatility was moderate, with Bollinger Bands showing a slight contraction in the early morning hours and a re-expansion after 22:00 ET. Price spent most of the period within the bands, with no clear breakouts. The 20-period bands hovered around 0.0531 (lower) and 0.0542 (upper), forming a tight range that could break on a strong move in either direction.

Volume & Turnover

Volume peaked around 17:30–19:00 ET and again in the early morning hours, particularly at 00:15 ET and 04:30 ET. Notional turnover confirmed the price breakdown and retests of support. A divergence occurred between volume and price in the 19:00–20:00 ET period, where higher volume did not result in a lower close. This may signal a potential reversal or consolidation phase.

Fibonacci Retracements

Key Fibonacci levels were tested around the 38.2% and 61.8% retracements from the swing high at 0.0549 to the low at 0.0527. The 38.2% level at 0.0539 provided resistance, while the 61.8% level at 0.0536 acted as support. Price has bounced off the 61.8% level multiple times, suggesting a potential base for a bullish rebound if volume increases again.

Backtest Hypothesis

Given the observed volatility and range-bound conditions, a mean-reversion strategy could be tested using RSI and Bollinger Bands. A long signal could be triggered when RSI dips below 30 and price touches the lower Bollinger Band, while a short signal may be appropriate when RSI crosses above 70 and price reaches the upper band. Stop-loss levels would be placed at 1.5% from entry, with a target of 1–2% for profit-taking. This approach aligns with the recent indecisive price action and could capture short-term reversals within the 0.0527–0.0549 range.