Celestia/Tether (TIAUSDT) Market Overview

• Price declined from 0.927 to 0.912 amid bearish momentum and declining volume.
• Key support appears around 0.905–0.909, tested multiple times during the session.
• Volatility increased in the morning before stabilizing into a narrow range.
• RSI moved into oversold territory after a sharp drop in late afternoon ET.
• A bearish engulfing pattern formed at 0.916–0.909, signaling potential short-term bearish continuation.

24-Hour Snapshot

Celestia/Tether (TIAUSDT) opened at 0.917 on 2025-10-30 at 12:00 ET, reached a high of 0.927, and closed at 0.912 on 2025-10-31 at 12:00 ET. Total volume for the 24-hour window was 11,235,213.68, while notional turnover amounted to approximately $10,306,430. The pair showed bearish bias with multiple retests of key support levels and bearish candlestick signals.

Structure & Formations

The 24-hour candlestick chart displayed a bearish bias with a distinct breakdown in price from 0.927 to 0.912. A key support level appears to be forming around 0.905–0.909, as the price bounced off this zone multiple times. A bearish engulfing pattern formed around 0.916–0.909, signaling potential bearish momentum. The price also showed indecision near 0.912–0.915, as seen in a series of doji and spinning top candles.

Moving Averages and MACD/RSI

On the 15-minute chart, the 20-period and 50-period moving averages are both below current price levels, indicating bearish bias. The MACD line crossed below the signal line during the early morning hours, reinforcing bearish momentum. The RSI has dipped into oversold territory at around 28, suggesting potential for a short-term bounce or consolidation.

Bollinger Bands and Volume

Volatility expanded during the morning session, with the price testing the lower band of the Bollinger Bands multiple times. The price currently resides near the mid-band, suggesting a period of consolidation may be in play. Volume was notably high during the decline from 0.927 to 0.909, indicating conviction behind the bearish move. A divergence appears in the later afternoon as volume declines alongside price, raising questions about follow-through.

Fibonacci Retracements

Applying Fibonacci retracement levels to the key swing high at 0.927 and low at 0.909, the 38.2% level sits around 0.917, and the 61.8% level is around 0.913. The price has tested the 61.8% level multiple times, suggesting it may be a key area to watch for possible reversal or consolidation. A break below 0.909 could open the door for further testing of the 0.903–0.905 zone.

Backtest Hypothesis

For a potential backtest, one could target short entries based on the bearish engulfing pattern observed around 0.916–0.909, assuming confirmation of the breakdown. A stop-loss might be placed above 0.917–0.918, with a target near 0.905–0.903. Alternatively, a trailing stop could be used as the price consolidates. To confirm the strategy, a clear exit rule is needed—such as a close above the engulfing pattern’s high, or a fixed time horizon. Further, confirmation through volume surges or RSI divergence could strengthen trade signals.