Market Overview for Alien Worlds/Tether (TLMUSDT) – 2025-10-13

• Price surged from $0.00352 to $0.00423 amid strong volume, showing bullish momentum.
• RSI approached overbought levels with a high of 80, signaling potential pullback.
• Bollinger Bands widened significantly, indicating rising volatility.
• Volume spiked during the bullish breakout, confirming strength in the move.
• A Bearish Engulfing pattern emerged late, suggesting near-term consolidation.

Alien Worlds/Tether (TLMUSDT) opened at $0.00352 on 2025-10-12 at 12:00 ET and closed at $0.00422 by 12:00 ET the next day, reaching a high of $0.0043 and a low of $0.00352. Total volume over 24 hours was 711,511,380 units, translating to a notional turnover of approximately $3.02 million.

The 15-minute OHLCV data revealed a strong bullish bias in the early part of the session, with a sharp breakout above $0.0040 and a powerful move to $0.0043. A key resistance level emerged around $0.0038, which was decisively breached. A notable Bearish Engulfing pattern formed near the peak, signaling potential near-term profit-taking. Support levels at $0.0037 and $0.00352 were tested and held, indicating a resilient base for further upward movement.

MACD crossed above the signal line mid-session, confirming bullish momentum, while RSI reached overbought territory, suggesting a possible correction. Bollinger Bands expanded as volatility increased, with price testing the upper band multiple times before retreating slightly. Volume confirmed the bullish breakout in the mid-session but diverged slightly as the price neared the high, hinting at potential exhaustion.

Fibonacci retracement levels from the recent swing high and low showed the 61.8% level at $0.00396, which coincided with a key consolidation area before the final breakout. The 38.2% level at $0.00372 acted as a minor support during a pullback. Overall, the market appears to be in a short-term bullish phase with a valid path toward $0.0045, but caution is warranted given the overbought RSI and divergence in volume.

Backtest Hypothesis

The data provided contains potential opportunities to identify and backtest the Bullish and Bearish Engulfing candlestick patterns. These patterns often precede significant price reversals and could serve as entry signals for a short-term reversal trading strategy. To proceed, the correct ticker format must be confirmed. Given the context, the most likely format for TLMUSDT on Binance is BINANCE:TLMUSDT, which is standard for most major exchanges. Once the pattern dates are identified, the strategy can be backtested using a 5% stop-loss and an open/close logic based on the engulfing candle's high or low. The performance report will include PnL, drawdown, and an interactive visualization.