Market Overview for Acala Token/Tether (ACAUSDT)

Summary
• Acala Token/Tether (ACAUSDT) opened at $0.0168 and closed at $0.0169 with a high of $0.017 and low of $0.0162.
• The 24-hour trading volume was approximately 15.8 million ACA, while turnover reached $272,000.
• Price consolidated near key support levels, with a bullish engulfing pattern forming near the 24-hour low.

Acala Token/Tether (ACAUSDT) opened at $0.0168 on 2025-11-11 at 12:00 ET and closed the 24-hour period at $0.0169 on 2025-11-12 at 12:00 ET. The token traded between $0.0162 and $0.017, with a total volume of approximately 15.8 million ACA and a turnover of $272,000.

Structure & Formations

The 24-hour chart shows consolidation between $0.0166 and $0.0169, with a key support at $0.0166 tested twice. A bullish engulfing pattern formed on the 15-minute chart around the 2025-11-11 22:00 ET session, suggesting potential short-term buying pressure. A doji candle at $0.0164 on the same timeframe indicates indecision and potential reversal.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages converged between $0.0167 and $0.0168, indicating a balanced equilibrium. On the daily chart, the 50-day SMA sits at $0.0167, with the 200-day SMA at $0.0165, suggesting ACAUSDT is consolidating near its mid-term trend.

MACD & RSI

The MACD histogram showed a small positive divergence near $0.0169, hinting at renewed bullish momentum. The RSI remained between 35 and 55 for most of the 24-hour period, indicating a moderate and stable market environment. ACAUSDT appears to be neither overbought nor oversold, but momentum is gradually building near key levels.

Bollinger Bands

Price action remained within the Bollinger Bands for most of the session, with a slight volatility contraction observed as the price moved between the midline and the lower band. A break above the upper band would signal increased volatility and potential for a move above $0.017.

Volume & Turnover

Volume was highest during the 22:00 ET session, with a spike in turnover correlating to a retest of support at $0.0166. A divergence occurred at 2025-11-11 23:15 ET, where volume increased but price declined, suggesting possible short-term weakness. However, the overall volume-to-price alignment was supportive of a bullish bias in the final 6 hours.

Fibonacci Retracements

On the 15-minute chart, the 61.8% Fibonacci retracement level was at $0.0168, which coincided with strong support. Price bounced off this level multiple times, suggesting it could serve as a floor in the near term. On the daily chart, the 38.2% retracement of the prior weekly swing is at $0.0169—matching the 24-hour close—further reinforcing the importance of this level.

Backtest Hypothesis

To rigorously back-test a potential strategy for ACAUSDT, the following assumptions could be made:
1. Universe / ticker: Test on ACAUSDT alone.
2. Exit condition: Sell at the first close above the highest close of the prior 20 bars (a common momentum rule).
Such a back-test would help assess whether buying during retests of key Fibonacci levels or support structures and exiting at dynamic resistance could yield a robust risk-adjusted return over time.