Lista DAO/Tether (LISTAUSDT) Market Overview

• LISTAUSDT declined from 0.3995 to 0.3540 over 24 hours, marking a significant bearish trend.
• A 20-period moving average crossed below key support levels, suggesting further downward momentum.
• RSI levels entered oversold territory below 30, indicating potential for a short-term bounce.
• Volatility expanded early in the session but has since compressed, hinting at a possible consolidation phase.
• Volume spiked during early bearish moves but has trended lower in recent hours, signaling potential exhaustion.

Lista DAO/Tether (LISTAUSDT) opened at 0.3995 on 2025-10-13 at 12:00 ET, hit a high of 0.4106, and fell to a low of 0.3470 before closing at 0.3540 as of 12:00 ET on 2025-10-14. The pair recorded a total 24-hour trading volume of ~18.94 million tokens, with a notional turnover of approximately $6.74 million, reflecting active bearish pressure in the early session and gradual consolidation toward the end.

On the 15-minute chart, LISTAUSDT has formed several bearish candlestick formations, including a large bearish engulfing pattern during the early morning hours and multiple long-tailed shadows indicating indecision in the later part of the session. A key support level appears to be forming around 0.3500–0.3520, with a critical resistance at 0.3670–0.3700, where price struggled to break through multiple times. A 20-period moving average currently sits above the 50-period line, confirming the short-term bearish bias, while the 50-period line is itself below the 200-period line, reinforcing a broader downtrend.

The 15-minute MACD has been negative for most of the 24-hour window, with the line crossing below the signal line and forming bearish divergences. RSI has oscillated between 20 and 35, dipping below 30 on several occasions, which typically signals oversold conditions. Bollinger Bands have shown a moderate contraction in the last 12 hours, suggesting potential for a breakout or reversal. Price has spent most of the session trading near the lower band, reinforcing the bearish bias.

Fibonacci retracements drawn on the 24-hour move from 0.4106 to 0.3470 identify key levels at 0.3802 (38.2%) and 0.3637 (61.8%). The 0.3500–0.3520 area closely aligns with the 78.6% retracement level and may serve as a psychological floor for a bounce. However, a break below 0.3470 would extend the Fibonacci extension target to 0.3330–0.3350, which could test deeper bearish sentiment.

Backtest Hypothesis

Given the bearish momentum, key support levels, and RSI behavior, a potential backtest could be designed around a short-term reversal strategy triggered at the 30 RSI threshold with a stop-loss just below the 0.3500 psychological support. A long entry could be considered if price breaks above the 0.3700–0.3720 resistance with confirmation from volume and MACD. However, due to the earlier inability to fetch the 14-period daily RSI series, the preferred path would be to pull the raw daily price series for LISTAUSDT and calculate the RSI locally to ensure accurate backtesting. This approach guarantees alignment with the data used in the current analysis and allows for a precise evaluation of the strategy in historical conditions.