FIO Protocol/Tether Market Overview (FIOUSDT) – October 11, 2025

• FIO Protocol/Tether (FIOUSDT) declined sharply in mid-10/10 before stabilizing late 10/11.
• Price dropped to 0.00757 on 21:30 ET before rebounding to 0.0113+ on 10/11.
• High volatility seen in 15-minute candlestick patterns, especially after 19:30 ET.
• Volume surged during the selloff, then declined during the recovery.
• RSI and MACD suggest overbought conditions are unlikely, pointing to potential short-term stabilization.

FIO Protocol/Tether (FIOUSDT) opened at 0.01565 on October 10 at 12:00 ET and closed at 0.01131 on October 11 at 12:00 ET, with an intraday high of 0.01575 and a low of 0.0065. The total traded volume over the 24-hour period was 148,316,747 USDT, and the total turnover was $1,684,966. The pair exhibited a strong bearish reversal in the middle of the 24-hour window, followed by a partial recovery in the final hours.

Structure & Formations

The price formed a clear bearish engulfing pattern starting at 19:30 ET, where the candle opened near 0.01527 and closed near 0.00757—a nearly 48% drop in a 30-minute window. This was followed by a consolidation phase and a small bullish rebound. Notable support levels formed around 0.0098–0.0101 and 0.0106–0.0109, where buying interest emerged. A key resistance level was identified at 0.0115–0.0117, where price stalled multiple times in the final hours.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages remained below the closing prices in the last few hours, indicating a potential bullish divergence. Price is above both averages on a short-term basis, suggesting a temporary reversal is in progress. The 50-period MA at 0.0109 and 20-period MA at 0.0111 were both intersected during the final hour, hinting at a potential crossover event that may confirm further strength.

MACD & RSI

The MACD crossed above the signal line in the final hour, signaling a short-term bullish momentum shift. The RSI moved from oversold territory (~28 at 00:00 ET) to a neutral zone (~53 at 12:00 ET), suggesting that the price has regained some breathing room. However, the RSI remains below overbought levels (70), indicating that a full rally is unlikely unless there is strong follow-through buying.

Bollinger Bands

Price remained within the lower band for most of the session, with a brief expansion observed during the rebound from 0.0104 to 0.0113. The standard deviation was wider during the sharp decline, indicating increased volatility. As the price moved closer to the centerline of the bands in the final hour, it suggests a narrowing of volatility and a potential stabilization phase.

Volume & Turnover

Volume spiked sharply during the 19:30–21:30 ET window with a total of 35 million USDT traded, confirming the bearish move. The recovery phase saw a noticeable drop in volume, indicating weaker conviction in the reversal. Notional turnover also followed this pattern, with the largest portion concentrated in the mid-session selloff.

Fibonacci Retracements

Applying Fibonacci levels to the 19:30–00:00 ET swing (high at 0.01525 to low at 0.0065), the 38.2% retracement level is at 0.0116, and the 61.8% level is at 0.0101. Price briefly tested the 61.8% level at 0.0101 and rebounded, suggesting it may act as a support level. A break above 0.0116 would indicate a resumption of the bullish trend, while a retest of 0.0101 could reinforce support.

Backtest Hypothesis

Given the sharp correction and subsequent consolidation, a potential trading strategy could involve entering a long position on a break of the 0.0113–0.0116 resistance zone with a stop-loss placed below 0.0109. This approach aligns with the short-term bullish divergence in the MACD and moving averages. Historically, such setups may offer a favorable risk-reward ratio when paired with volume confirmation and RSI neutrality. Further, a Fibonacci-based target at 0.0116 can serve as the first profit-taking level.