Market Overview for Amp/Tether (AMPUSDT) – 24-Hour Analysis (2025-09-17 12:00 ET to 2025-09-18 12:00 ET)

• Price rose from $0.00335 to a 24-hour high of $0.00346 before consolidating near $0.003445.
• RSI and MACD suggest moderate momentum but not overbought conditions.
• Volatility expanded mid-cycle with strong buying near key Fibonacci levels.
• Notional turnover increased during the late-night bull run, confirming price action.
• A bullish engulfing pattern formed near 0.003445-0.003452 around 00:15 ET, signaling potential follow-through.

Amp/Tether (AMPUSDT) opened at $0.003374 on 2025-09-17 and closed at $0.003452 on 2025-09-18, with a high of $0.00347 and a low of $0.00335. Total volume across the 24-hour period was approximately 69,960,195. Total notional turnover (price × volume) amounted to roughly $239,716. The price trended upward for much of the session, with a late-night rally and consolidation in the final hours.

Structure & Formations

The candlestick pattern over the 24-hour period displayed a strong bullish bias, especially in the latter half of the trading window. A key bullish engulfing pattern formed around 00:15 ET (0.003445 to 0.003452), indicating renewed buying pressure. A doji appeared briefly near 02:00 ET (0.003464), suggesting indecision after the rally. Notable support levels were identified near $0.003435–0.003440, while resistance levels appeared at $0.003455–0.003460, which were tested but not broken. Fibonacci retracement levels showed price consolidating near the 50% and 61.8% levels of the 0.00335–0.00347 swing, suggesting a potential for further upside.

Moving Averages

On the 15-minute chart, the 20-period MA was consistently below price during the rally, while the 50-period MA provided a dynamic support. Price remained above both indicators for most of the session, signaling a strong uptrend. On the daily timeframe, the 50-period MA appears to be acting as a key support level, with the 100-period and 200-period MAs trending slightly lower. Price closed above the 50 MA, suggesting continuation bias in the near term.

MACD & RSI

The MACD (12,26,9) showed a bullish crossover at the start of the rally and maintained positive territory for much of the session, with a recent narrowing of the histogram suggesting momentum could be peaking. The RSI (14) reached a high of around 57, staying well below overbought territory (typically above 70), but indicating increasing momentum. A divergence between RSI and price was not evident, implying the rally was broadly supported by buying pressure.

Bollinger Bands

Volatility expanded significantly during the rally, with the upper band reaching as high as $0.00347. Price remained within the bands for most of the session, touching the upper band multiple times. The narrowing of the bands in the pre-rally period suggested a period of consolidation, which was followed by a breakout. Price is currently hovering near the middle band, suggesting a potential shift into a more balanced phase.

Volume & Turnover

Volume spiked during the late-night rally, particularly between 02:30 ET and 04:30 ET, when trading volume exceeded 5 million units. Notional turnover rose in tandem, confirming the strength of the move. A notable divergence was observed during the mid-morning consolidation period (06:00–07:45 ET), where price declined but volume remained relatively low, suggesting weaker bearish conviction. Overall, the volume profile supported the bullish bias of the price action.

Backtest Hypothesis

Given the strong volume confirmation and the presence of a bullish engulfing pattern during the overnight rally, a backtest could be constructed using a breakout strategy triggered by a close above the 61.8% Fibonacci level (around $0.00346). A stop-loss could be placed below the 50-period MA (acting as a dynamic support), and a target could be set at the upper Bollinger band or the next Fibonacci level above $0.00347. A trailing stop could be used as momentum wanes. This setup would aim to capture the continuation of the bullish trend while managing risk with defined levels.