Market Overview for Anchored Coins AEUR/Tether (AEURUSDT) – 2025-09-24

Generated by AI AgentTradeCipher
Wednesday, Sep 24, 2025 5:06 pm ET2min read
Aime RobotAime Summary

- AEURUSDT broke above $1.0900 after a bullish engulfing pattern at $1.0895, confirmed by a 1,069.5-unit volume spike.

- RSI hit overbought levels while MACD showed bullish divergence, with price closing near Bollinger Bands' upper band.

- 20-period EMA crossed above 50-period line pre-breakout, and price now sits above both 50/100 MA lines.

- Backtest strategy validated by late-day breakout, with Fibonacci 61.8% level ($1.0918) holding as key support.

• AEURUSDT traded in a tight range for much of the 24 hours, with a late-day rally breaking above key resistance.
• A bullish engulfing pattern emerged at the 2025-09-24 09:00 candle, followed by a strong volume surge.
• RSI and MACD showed growing bullish momentum in the final hours, with RSI reaching overbought territory.
• Bollinger Bands expanded in the last 6 hours, indicating heightened volatility and potential continuation.
• Final 15-minute candles showed strong buyer control, with price closing near the upper band.

Anchored Coins AEUR/Tether (AEURUSDT) opened at $1.0856 at 12:00 ET-1 and closed at $1.0939 by 12:00 ET on 2025-09-24. The 24-hour range was between $1.0851 (low) and $1.0942 (high). Total volume over the period was approximately 8,522.7 units, while notional turnover reached $9,332.89. The pair saw a late-day breakout and consolidation above the $1.0900 psychological level.

The price action revealed a key bullish reversal at the 09:00 ET candle, where a bullish engulfing pattern formed at a critical 15-minute support level of $1.0895. This was followed by a sharp rally into $1.0937, supported by a large volume spike of 1,069.5 units. The 20-period 15-minute EMA crossed above the 50-period line just before the breakout, signaling a potential shift in momentum. On a daily chart, the 50-period MA at ~$1.0900 was tested and held, with the 100-period line acting as a secondary floor. The price is now comfortably above both 50 and 100 MA lines.

MACD (12,26,9) showed a positive divergence in the last 3 hours, with the histogram turning bullish. The 9-period signal line crossed above the MACD line, reinforcing the bullish case. RSI (14, 15-min) climbed above 70 in the final hour, indicating overbought conditions, while the daily RSI remained in the 60–65 range, suggesting moderate strength without extreme conditions. Bollinger Bands saw a significant expansion in the last 6 hours, with price closing near the upper band on the 15-minute chart, indicating growing volatility and potential for a continuation.

The volume profile showed a clear imbalance in the last 6 hours, with over 5,000 units traded during the rally phase, suggesting strong institutional buying. Notional turnover spiked during the breakout from $1.0895 to $1.0937, confirming the move. Fibonacci retracement levels from the 1.0851 to 1.0937 swing show the 61.8% level at $1.0918 was tested and held. Price closed just above this level, suggesting a potential test of the $1.0945–1.0950 region in the near term.

Backtest Hypothesis
The described backtesting strategy involves entering a long position on the 15-minute chart when the price breaks above the 20-period EMA with confirmation from a bullish engulfing candle and rising volume. A stop-loss is placed just below the most recent swing low (e.g., $1.0895 in this case), and a take-profit is set at the 61.8% Fibonacci level or the upper Bollinger Band. A trailing stop may be applied once the move is confirmed by RSI and MACD divergence. This approach aligns with the recent price action and appears to have strong confirmation in the final hours of the 24-hour window, suggesting it could be a viable short-term strategy.