Audius/Tether Market Overview

• Price consolidates between 0.0615 and 0.0620 on AUDIOUSDT, with 0.0617 acting as central support/resistance.
• Bullish momentum builds mid-day with a strong 0.0621 peak, followed by a pullback into evening hours.
• Volatility remains moderate with Bollinger Band expansion during active trading sessions.
• Volume surges in midday ET suggest increased participation and potential trend continuation.
• RSI remains in balanced territory, suggesting no immediate overbought/oversold conditions.

24-Hour Summary

The pair Audius/Tether (AUDIOUSDT) opened at 0.0617 on 2025-09-19 12:00 ET, reaching a high of 0.0625 and a low of 0.0612, and closed at 0.0617 at 12:00 ET on 2025-09-20. Total volume traded during the period was 4.36 million units, with notional turnover of $273,765.

The price action shows a moderate bullish bias during the early to midday ET hours, followed by consolidation and a slight bearish correction in the evening. Volume was notably higher during key price movements, particularly in the 18:30–20:00 ET window and the morning rebound.

Structure & Formations

AUDIOUSDT’s 24-hour price action on the 15-minute chart formed a trend continuation pattern with a series of higher highs and higher lows from 18:00 to 19:15 ET. A notable bullish engulfing pattern appeared at 19:00 ET (from 0.0618 to 0.0625), which marked a turning point in the session.

The price then formed a symmetrical consolidation triangle between 0.0615 and 0.0621, with 0.0617 serving as a key pivot and 0.0620 as a resistance barrier. A bearish spinning top formed at 23:30 ET, suggesting indecision ahead of a pullback into the close.

Moving Averages

On the 15-minute timeframe, the 20-period SMA crossed above the 50-period SMA (a bullish "golden cross") during the 19:00–20:00 ET window, reinforcing the midday bullish momentum.

For daily timeframes, the 50-period SMA currently sits at 0.0616, slightly above the 100-period SMA (0.0615) and above the 200-period SMA (0.0614), indicating a moderate bullish bias over the past 50 days.

MACD & RSI

The MACD line crossed above the signal line at around 19:30 ET, confirming the bullish momentum during the 19:00–20:00 ET rally. The histogram shows expanding positive divergence, suggesting increasing bullish pressure until 23:00 ET.

The RSI hovered between 50 and 60, indicating a neutral to mildly overbought condition for short-term traders. It did not exceed 65, suggesting no extreme overbought condition. A mild bearish divergence appeared in the RSI just before the close, hinting at potential short-term profit-taking.

Bollinger Bands

The price remained within a moderate volatility range, with the Bollinger Band width expanding during the 18:00–20:00 ET rally. Price touched the upper band at 0.0621 and pulled back into the middle band by the close. The lower band hovered around 0.0615, with price briefly dipping below it in the 23:45–00:00 ET period.

A volatility contraction occurred between 02:00 and 04:30 ET, suggesting a potential breakout could follow if the trend resumed.

Volume & Turnover

Trading volume spiked significantly during the 19:00–20:00 ET and 05:00–06:00 ET periods, aligning with major price swings. The notional turnover during the 19:15 ET candle (0.0618–0.0626) reached $37,109, indicating high conviction behind the bullish move.

There was a positive price-turnover correlation, with volume surging during uplegs and declining during consolidation periods. No major divergence was observed between volume and price action, suggesting a healthy momentum profile.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.0612 to 0.0625, the 38.2% retracement level is at 0.0619, and the 61.8% level is at 0.0617. The price settled near the 61.8% retracement level by the close, suggesting that bearish exhaustion may be setting in.

On the daily timeframe, the 38.2% retracement of the 0.0612–0.0625 move is at 0.0619, again aligning with key support/resistance.

Backtest Hypothesis

A potential backtesting strategy could use the 20/50 SMA crossover on the 15-minute chart as a trigger for long positions, entering at the open of the candle following the crossover and exiting on a close below the 20-period SMA. This would align with the observed bullish momentum and volume confirmation during the 19:00–20:00 ET rally.

To refine the strategy, incorporating RSI as a filter (e.g., only entering if RSI is below 50 and rising) could improve risk-adjusted returns by avoiding overbought conditions. Additionally, placing a tight stop-loss at the 0.0615 level—a key support area—would help limit downside risk during potential reversals.