• Price declined to 0.164 from 0.173, showing bearish momentum
• RSI near oversold levels, but volume lacks conviction
• Key support at 0.164–0.165 and resistance at 0.171–0.173
Lumia/Tether (LUMIAUSDT) opened at 0.171 on 2025-11-10 at 12:00 ET and closed at 0.167 on 2025-11-11 at 12:00 ET, reaching a high of 0.174 and a low of 0.163. Total 24-hour volume was 10,845,403.65 and notional turnover amounted to 1,748,685.75 USD. Price action reflects a bearish bias with consolidation near key support levels.
Structure & Formations
LUMIAUSDT has been trading in a defined range of 0.163–0.174, with key support at 0.164–0.165 and resistance at 0.171–0.173. A notable bearish pattern developed around 2025-11-10 21:15–22:45 ET, with a potential bearish engulfing and bearish divergence in volume. A bullish reversal could be attempted if price stabilizes above 0.168–0.169, but confirmation is needed.
Moving Averages
On the 15-minute chart, the 20-period MA (0.1695) and 50-period MA (0.1692) are closely aligned, indicating a neutral bias. On the daily chart, the 50-EMA (0.1702), 100-EMA (0.1711), and 200-EMA (0.1735) suggest a bearish crossover, reinforcing the idea that the pair could remain pressured unless a sustained rally above 0.171 occurs.
MACD & RSI
MACD has shown bearish divergence, with the histogram narrowing as price nears 0.165. RSI has dropped to 30 on the daily chart and oscillated between 30–45 on the 15-minute chart, suggesting a potential oversold bounce. However,
remains weak without a clear reversal signal.
Bollinger Bands
Price has spent much of the 24-hour period consolidating near the lower band of the Bollinger Bands (0.163–0.165), indicating low volatility and bearish pressure. A breakout above the midline (0.169–0.170) could trigger a short-term rally, but a retest of the lower band remains likely in the near term.
Volume & Turnover
Volume was highest during the 2025-11-10 21:15–22:30 ET period, coinciding with the breakdown to 0.165. Turnover also spiked during this period, confirming bearish conviction. However, recent volume has weakened as price nears 0.164, raising questions about the sustainability of the move lower.
Fibonacci Retracements
Fibonacci levels on the recent 0.163–0.174 swing highlight key levels: 38.2% at 0.167 and 61.8% at 0.169. A rebound from the 38.2% retracement could target 0.170–0.171 if buyers show strength.
Backtest Hypothesis
To validate the potential for a bullish reversal near 0.164–0.165, a backtest of the Bullish Engulfing pattern could be implemented. This strategy involves identifying the pattern on the 15-minute chart and entering a long position for a 5-day holding period. Given the recent consolidation and oversold RSI, a confirmation of the pattern near the 0.164 level could serve as a high-probability entry. Testing this strategy using LUMIAUSDT from 2022-01-01 to 2025-11-11 would offer insight into its viability under varying market conditions.
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