Hyperlane/Tether (HYPERUSDT) Market Overview – 2025-09-15

• Price dropped 5.4% over 24 hours, forming bearish momentum with low volume divergence.
• Key support at 0.3028–0.3040 tested, with RSI in oversold territory, suggesting potential short-term bounce.
• Bollinger Band contraction and volume spikes signal increased volatility ahead, particularly after 07:45 ET.
• 50-period MA on 15-min chart acts as resistance above 0.3060, with bearish price-volume confirmation.
• Fibonacci 61.8% level at 0.3051–0.3054 could trigger renewed selling pressure if breached.

Hyperlane/Tether (HYPERUSDT) opened at $0.3235 on 2025-09-14 at 12:00 ET and closed at $0.3063 by the same time on 2025-09-15. The 24-hour trading range was between $0.3006 and $0.3267, with the price trending downward. Total volume was 6.67 million units, and notional turnover stood at $2.07 million.

The 24-hour period saw consistent bearish momentum, especially between 07:45 ET and 16:00 ET, during which HYPERUSDT fell from $0.3194 to as low as $0.3006. This sharp decline, coupled with a 50-period MA acting as resistance at $0.3060–0.3066, suggests short-term bearish control. Key support levels formed at 0.3028–0.3040 and 0.3006–0.3013, both of which were tested during the latter half of the session. The price showed a potential bullish reversal with a doji forming near 0.3013 at 13:45 ET, which may indicate a pause in the downward move.

The RSI hit oversold territory below 30 in the final hours of the session, particularly around 16:00 ET, suggesting potential near-term buying interest. However, the divergence between volume and price—where volume surged during downmoves—points to possible exhaustion of short-term sellers. Bollinger Bands showed a contraction during the early hours of the morning, expanding later as the bearish trend accelerated. The price settled near the lower Bollinger Band, indicating heightened volatility and a strong bearish bias.

The 15-minute MACD crossed below the signal line during the first wave of selling and remained negative, supporting the bearish narrative. The 20- and 50-period moving averages on the 15-minute chart acted as dynamic resistance levels, especially between $0.3060 and $0.3066. Fibonacci retracements drawn from the key swing high at $0.3267 to the low at $0.3006 suggest that the 61.8% level at $0.3051–0.3054 is critical for near-term direction. A break below 0.3013 could accelerate the downward move, while a sustained close above 0.3060 may invite short-covering or a rebound.

Backtest Hypothesis

The backtesting strategy outlined relies on a combination of RSI oversold signals, Bollinger Band contractions, and Fibonacci retracement levels to identify potential short-term reversal points. A long entry would be triggered when the RSI dips below 30 while the price is near the lower Bollinger Band and has retested a Fibonacci 61.8% level. This setup was observed at 0.3013 on the 13:45–15:00 ET candles, where HYPERUSDT formed a doji pattern. A stop-loss could be placed below the nearest support at 0.3006, while a take-profit target would be set above the 50-period MA at $0.3060–0.3066. Given the recent volume dynamics and trend strength, this approach may capture a countertrend bounce but carries risk of a breakdown if bears regain control.