Fusionist/Tether (ACEUSDT) Market Overview

• Price declined from 0.316 to 0.302 before rebounding above 0.305 in the final hour.
• RSI and MACD indicated weakening momentum during the early hours, followed by gradual recovery.
• Volume spiked during the 22:00–23:00 ET range, coinciding with a 4.5% price rebound.
• Bollinger Bands showed a narrow contraction at 0.299 before a late expansion, suggesting increased volatility.
• Fibonacci levels at 0.303 and 0.311 acted as temporary support and resistance.

Opening and Closing Summary

Fusionist/Tether (ACEUSDT) opened at 0.315 on 2025-10-11 12:00 ET, peaked at 0.320, and bottomed at 0.286 before closing at 0.317 on 2025-10-12 12:00 ET. Total volume reached 4,975,011.7 units, with a notional turnover of approximately 1.54 million USD. The 24-hour session featured a volatile range, with notable price swings during late-night hours and a strong rebound in the early morning.

Structure & Formations

A bearish engulfing pattern formed at 0.309 on 2025-10-11 17:45, signaling a potential reversal from an upward trend. A bullish engulfing pattern emerged at 0.304 on 2025-10-12 03:15, indicating short-term buyers stepping in. The price found key support at 0.297 and 0.303, both of which held during early recovery phases. A doji candle appeared at 0.298 on 2025-10-12 00:30, suggesting indecision and potential consolidation ahead.

Moving Averages

On the 15-minute chart, the 20-period MA crossed below the 50-period MA early in the session, forming a death cross that preceded a sharp drop. Later, the 20 MA crossed back above the 50 MA during the late rebound, suggesting a short-term bullish recovery. For the daily chart, the 50-day MA sits above the 100 and 200-day MAs, indicating a longer-term bullish bias.

MACD & RSI

The MACD turned bearish in the early hours, with a negative histogram confirming selling pressure. However, a bullish crossover in the MACD occurred by 2025-10-12 04:00, aligning with the rebound in price. RSI dipped below 30 during the 2025-10-11 21:00–22:00 range, signaling oversold conditions and triggering a bounce. It remains within neutral territory, hovering around 47–52, indicating mixed sentiment with no clear overbought or oversold signals.

Bollinger Bands

Volatility was low for most of the session, with price trading within a narrow Bollinger Band range between 0.297 and 0.304 from 2025-10-11 20:00 to 2025-10-12 03:00. The late rebound pushed price beyond the upper band temporarily, confirming a breakout and suggesting a potential reversal in short-term direction. However, the band contraction earlier in the session could indicate a period of consolidation before the recent upward push.

Volume & Turnover

Volume spiked to 399,466.4 units at 2025-10-12 03:15, aligning with a 0.302 price rally. The increase in volume during the early morning hours confirms the strength of the rebound, contrasting with the lower-volume bearish trend seen during the 2025-10-11 20:00–22:00 window. Notional turnover also spiked in the 03:00–04:00 window, suggesting renewed buyer interest. Price and volume aligned well during the rebound, offering confirmation of the move.

Fibonacci Retracements

Key Fibonacci levels at 0.303 (38.2%) and 0.311 (61.8%) acted as pivot points for price action. The 38.2% retracement level was tested twice during the session, with price bouncing off it during the 2025-10-12 03:00–04:00 window. The 61.8% level held firm during the earlier decline, indicating strong resistance. These levels may continue to influence near-term price direction, especially if the current bullish trend continues.

Backtest Hypothesis

A potential backtesting strategy could be based on the combination of the 20-period MA crossing above the 50-period MA on the 15-minute chart, coinciding with a bullish engulfing pattern and RSI above 40. This signal could be used to enter a long position with a stop-loss set just below the nearest Fibonacci support at 0.303. A take-profit target could be set at 0.315–0.318, aligning with the 61.8% retracement level and the upper Bollinger Band. Such a setup may offer a favorable risk/reward profile over the next 4–6 hours if bullish momentum is confirmed by increasing volume and MACD divergence.