Market Overview for Anchored Coins AEUR/Tether (AEURUSDT)

• Price rose from 1.0579 to 1.0777, driven by a breakout above 1.072 resistance.
• High volume surges at 1.072–1.0793 suggest strong conviction in the upward move.
• Volatility expanded post 20:00 ET, with Bollinger Bands widening.
• RSI showed overbought levels near 1.0777 but pulled back, hinting at potential exhaustion.
• 20-period MA on 15-min chart crossed above 50-period MA, confirming short-term bullish momentum.

Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.0579 on 2025-10-13 at 12:00 ET and reached a high of 1.0777 before closing at 1.0583 on 2025-10-14 at 12:00 ET. The pair traded between 1.0579 and 1.0777 over 24 hours, with total volume of 44,175.4 and turnover of 46,378.90.

On the 15-minute chart, AEURUSDT formed a bullish engulfing pattern around 1.070–1.072 and later a shooting star near 1.0777, signaling potential exhaustion in the bullish move. Key resistance appears at 1.072 and 1.0777, with support forming at 1.06, 1.0579, and 1.0524. The 20-period MA crossed above the 50-period MA during the rally, reinforcing short-term bullish momentum.

Bollinger Bands expanded sharply post 20:00 ET as volatility increased, with prices briefly breaching the upper band before retreating. RSI moved into overbought territory at 1.0777 but pulled back, while MACD showed a narrowing histogram after the peak, suggesting waning momentum. Volume spiked significantly during the 1.072–1.0777 move, confirming the breakout, but declined after the high, indicating caution.

Fibonacci retracement levels from the 1.0579 to 1.0777 swing identified 61.8% at 1.0672 and 38.2% at 1.0654, both of which acted as temporary pivots. Divergences between price and volume were limited, suggesting the move remains broadly supported. The next 24 hours could see a test of the 1.0777 high or a pullback toward 1.060–1.065 for consolidation. Investors should watch for a breakdown below 1.0579 or a strong reversal candle to signal a shift in sentiment.

Backtest Hypothesis

Given the strong RSI overbought readings and the formation of key bullish and bearish candlestick patterns (e.g., engulfing, shooting star), a potential backtest strategy could involve using RSI (14-period) as a signal. A buy signal would be triggered when RSI falls below 30 (oversold), with an exit after three days. This strategy would need historical data to validate its effectiveness, particularly over a multi-year period (e.g., from 2022 to present). Since our current data source does not recognize AEURUSDT, we recommend either:

1. Verifying the symbol’s listing on a specific exchange (e.g., Binance) and sourcing data from there.
2. Applying the same strategy to a similar pair like BTC/USDT or ETH/USDT for demonstration.
3. Supplying a CSV or file of AEURUSDT prices for direct ingestion.