Market Overview for Ankr/Tether (ANKRUSDT) – 2025-09-26

• ANKRUSDT dipped to 0.01303 but recovered to close near 0.01328.
• Volatility surged with a 15-minute range of 0.00029 in early morning hours.
• RSI shows moderate momentum, with no overbought/oversold extremes in the last 24 hours.
• Volume spiked during the rebound phase, confirming bearish exhaustion and potential reversal.
• Bollinger Bands widened as price swung between lower and mid-band, indicating increased uncertainty.

Market Summary

The Ankr/Tether (ANKRUSDT) pair opened at 0.01303 on 2025-09-26, reached a high of 0.01349, and closed at 0.01328 by 12:00 ET. The low for the period was 0.01296. Total 24-hour volume amounted to approximately 69,852,086.0 units, with a notional turnover of about $9,266,509.60 (based on 2025-09-26 prices). Price action showed a distinct bearish reversal during the early hours, followed by a consolidative rally in the afternoon.

Structure & Formations

Price movement displayed a clear bearish breakdown in the early hours, with a candle closing near its low and forming a potential bearish engulfing pattern. This was followed by a corrective rally in the afternoon, forming a small bullish flag pattern. A key support level appears to be forming around 0.01306–0.01310, where price stalled twice during the downward move. Resistance appears to be consolidating near 0.01335–0.01340, where buyers have entered on multiple occasions.

Moving Averages

On the 15-minute chart, the 20-period and 50-period SMAs appear to be converging, with price currently trading slightly above the 20-SMA. This suggests a potential short-term reversal from bearish to neutral or weak bullish. On the daily chart, 50/100/200-period SMAs show a flattening trend, indicating a potential pause in the bearish momentum after a longer downtrend.

MACD & RSI

The MACD histogram has shown a narrowing range of bearish momentum in the last few hours, suggesting a potential turning point. The RSI, which had dipped below 40 during the morning, has since risen back into the mid-40 to mid-50 range, indicating a moderate but not overbought bullish thrust. Price and RSI appear to be in alignment, suggesting a balanced momentum scenario with no immediate overbought or oversold signals.

Bollinger Bands

Bollinger Bands have recently widened following the early morning price swing, with the 0.01306–0.01310 level acting as a strong magnet for price. The middle band is now around 0.01320, and price is currently hovering near the mid-band. This suggests a period of consolidation after a sharp correction. A sustained move above the upper band would indicate a shift to bullish territory, while a break below the lower band could re-ignite bearish pressure.

Volume & Turnover

Volume spiked during the morning bearish phase and again during the afternoon rebound, with turnover increasing in tandem. This confirms the strength of both the bearish exhaustion and the subsequent buy-on-dip behavior. There is no significant divergence between price and volume, suggesting that the current price action is supported by genuine participation. The highest volume occurred in the 18:30–19:30 ET time frame, which saw the most significant bearish movement.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute low (0.01296) to high (0.01349) swing, the 38.2% level is at 0.01327, and the 61.8% is at 0.01314. Price has shown a strong reaction at the 61.8% level multiple times, suggesting this could be a key support zone for the next few hours. On the daily chart, the 38.2% retracement of the broader move appears to be at 0.01332, which has also acted as a magnet in the recent rebound.

Backtest Hypothesis

Given the recent price action and technical indicators, a plausible short-term backtesting strategy could focus on breakout entries at key Fibonacci levels, particularly the 61.8% (0.01314) and 38.2% (0.01327) levels. A long entry could be triggered on a close above the 0.01327 level with a stop loss placed just below 0.01314. A short entry could be considered on a break of the 0.01306 level with a target at 0.01296. Both trades should be sized according to risk tolerance and should be closed by the end of the day to minimize overnight exposure.