Fusionist/Tether USDt Market Overview

• Price surged from 0.514 to 0.535 over 24 hours, with a strong close near highs.
• Volatility increased significantly after 14:30 ET, with a sharp upward move to 0.553.
• Volume spiked dramatically at the peak, indicating strong buying interest.
• RSI reached overbought territory, while MACD showed bullish momentum.
• Bollinger Bands expanded following the breakout, signaling higher volatility.

Fusionist/Tether USDt (ACEUSDT) opened at 0.514 on 2025-09-09 at 12:00 ET, surged to a high of 0.553, and closed at 0.539 on 2025-09-10 at 12:00 ET. Total volume reached 1.65M units, with turnover amounting to $893.8K, showing heightened market participation.

Structure & Formations

The 24-hour candlestick chart displayed a robust bullish trend, with a strong upward break above prior resistance at ~0.53. A key breakout occurred at 14:30 ET, marked by a long bullish candle that surged from 0.534 to 0.54. A 15-minute Doji at 0.532 acted as a consolidation before a final surge. The price found initial support at 0.513 and strong resistance at 0.53–0.532.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart were both bullish, confirming the upward trend. On the daily chart, the 50- and 100-period moving averages showed alignment above the 200-period, indicating a long-term uptrend in place.

MACD & RSI

MACD turned positive in the final hours of the 24-hour period and showed a strong bullish crossover, reinforcing the upward momentum. RSI hit 70+ in the last 3 hours, suggesting overbought conditions. However, the sustained move indicates continued buying pressure.

Bollinger Bands

Bollinger Bands expanded dramatically after the 14:30 ET breakout, with price rising above the upper band. This expansion suggests high volatility and a continuation of the upward move could be likely unless a reversal pattern emerges.

Volume & Turnover

Volume spiked at the breakout (14:30 ET) with a massive candle showing 131,264.9 units traded, confirming the strength of the move. Turnover also surged in line with volume, showing no divergence.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 0.513 to 0.537, the 38.2% and 61.8% levels aligned with key price consolidation areas. On the daily chart, the 61.8% level at ~0.527 may act as support if a pullback occurs.

Backtest Hypothesis

A potential strategy could involve entering long positions on a close above the 50-period moving average on the 15-minute chart, with a stop-loss placed below the nearest support level identified by Fibonacci or candlestick structure. Given the recent momentum and confirmation by volume, this setup may have a high probability of success in the next 24 hours.