Liquity/Tether (LQTYUSDT) Market Overview for 2025-10-14

• Liquity/Tether (LQTYUSDT) surged from $0.584 to $0.624, forming a bullish reversal pattern after midday volatility.
• Price consolidated around $0.605–0.625, with strong buying pressure after 7:00 PM ET and fading momentum overnight.
• RSI and MACD signaled overbought levels during the bullish breakout but cooled as the 24-hour window closed.
• Volume spiked near highs with $134,548 in turnover, but waned during the decline toward $0.592.
• A critical support level appears near $0.57–0.58, with potential for a short-term bounce or deeper correction.

The 24-hour period for Liquity/Tether (LQTYUSDT) opened at $0.584 on 2025-10-13 at 12:00 ET and closed at $0.592 by 12:00 ET the next day, reaching an intraday high of $0.624 and a low of $0.58. Total volume traded during the period was 1,695,470 LQTY with a notional turnover of $134,548, showing concentrated buying and selling activity in the late afternoon and evening hours.

Structure and key levels suggest a bullish reversal after a sharp rise from $0.584 to $0.624, followed by consolidation and a pullback. The price found initial support near $0.60–0.61 and has since faced resistance at $0.62–0.625, with the 20-period and 50-period moving averages on the 15-minute chart diverging during the pullback. A notable engulfing candle at $0.624 and a shooting star at $0.626 suggest possible exhaustion at the top.

Moving averages show a bullish crossover in the afternoon as the 20-period MA crossed above the 50-period MA, signaling momentum. However, the 50-period MA has since pulled back toward $0.59–0.60, which may act as near-term support or resistance. On the daily chart, the 200-period MA sits at $0.584–0.586, suggesting that a close below this level could trigger further bearish sentiment.

The RSI hit overbought territory (above 70) during the afternoon rally, confirming strong short-term buying but also signaling potential for a correction. MACD crossed into positive territory and has since flattened, indicating waning bullish momentum. Bollinger Bands show a moderate expansion, with price settling in the upper band during the afternoon, now returning toward the midline. Volatility seems to be normalizing after a sharp increase in the 18:00–20:00 ET range.

Volume was concentrated during the peak at $0.624–0.626, with a turnover spike of $30,958 at the 21:15 ET candle. This suggests institutional or large-scale buying at that level, which could either confirm support or indicate a failed breakout. Notable divergences appear in the overnight session, where price fell below the moving averages without a corresponding volume surge, suggesting a possible pause in bearish momentum.

Fibonacci retracement levels from the swing high at $0.624 to the swing low at $0.58 show key levels at $0.603 (38.2%) and $0.593 (61.8%). Price found support at the 61.8% level before rallying again, suggesting this could be a key psychological zone for short-term buyers. A break below $0.585 would bring into focus the 61.8% retracement of the broader 2025 swing from highs to recent lows.

The RSI and MACD indicators used in the backtest align closely with the patterns observed in this 24-hour period, particularly the overbought levels and momentum shifts. A backtest based on buying on RSI ≤ 30 could benefit from the sharp rebounds observed during pullbacks to $0.58–0.59. However, traders must be cautious of false breakouts and divergences in volume, as seen in the final hours of the 24-hour window.