Market Overview for Ark/Tether (ARKUSDT) – 2025-10-14

• Ark/Tether (ARKUSDT) declined 24 hours from $0.3647 to $0.3501, with a high of $0.3857 and low of $0.3413.
• Momentum weakened as RSI dipped toward oversold levels, with volume surging during the late ET sell-off.
• Bollinger Bands expanded during the morning ET decline, reflecting increased volatility.
• A key support zone emerged near $0.3465, where price found temporary stability in the last 6 hours.

Ark/Tether (ARKUSDT) opened at $0.3647 on 2025-10-13 at 12:00 ET and closed at $0.3501 on 2025-10-14 at 12:00 ET, with a high of $0.3857 and low of $0.3413 over the 24-hour period. Total volume amounted to 9,894,872, while notional turnover totaled $3,125,000. The price action reflected bearish momentum, with a late ET sell-off carving a key swing low.

Structure & Formations

Price found a temporary floor in the $0.3465–$0.3485 range during the overnight session, suggesting strong short-term support. A bearish engulfing pattern emerged at the $0.3800–$0.3798 level in early ET, signaling a shift in sentiment. A small doji at $0.3698 also indicated indecision after a brief rebound. These formations suggest that bulls may struggle to reclaim control unless the price retests $0.3730–$0.3750 with conviction.

Moving Averages & Momentum

The 15-minute chart shows the price closing below key short-term moving averages, including the 20-period and 50-period SMAs. The 50-period SMA at $0.3610 is a potential pivot point for near-term buyers. On the daily chart, the 50-period SMA is at $0.3685, while the 200-period SMA resides near $0.3590. The RSI has dipped into oversold territory (below 30), suggesting potential for a short-term rebound. However, the MACD histogram remains bearish, with both lines trending downward and indicating sustained selling pressure.

Volumes & Bollinger Bands

Trading volume spiked during the late ET sell-off, particularly around the $0.3520–$0.3480 range, with a 15-minute volume of 101,762 on the $0.3489–$0.3465 candle. This suggests a possible short-term bottoming process. Bollinger Bands have expanded significantly during this period, reflecting increased volatility. Price has tested the lower band multiple times, most recently at $0.3465–$0.3485, where it appears to have found some support. A breakout above the upper band (near $0.3830) would require a sharp reversal in sentiment.

Fibonacci Retracements

Applying Fibonacci retracements to the $0.3419–$0.3857 swing, key levels include the 61.8% retracement at $0.3655 and the 38.2% retracement at $0.3610. Both levels align closely with the 50-period and 20-period SMAs, respectively, reinforcing their significance. A sustained break below the 38.2% level would target $0.3500 and $0.3445 as potential next support levels.

Backtest Hypothesis

I attempted to retrieve pre-calculated Bullish Engulfing signals for ARK/USDT automatically, but our data source returned an error indicating that it doesn’t recognize this trading pair (missing asset base information). To proceed, you may want to: 1) try an alternative symbol or exchange code (e.g., specifying “ARKUSDT” on a specific exchange like BINANCE), 2) provide your own list of Bullish Engulfing dates for manual backtesting, or 3) switch to a different asset with confirmed data availability, such as BTC/USDT. Once a valid ticker or event list is provided, I can execute a backtest from 2022-01-01 to today.

The market may see a short-term bounce from the $0.3465–$0.3485 support zone in the next 24 hours, but a convincing break above $0.3650 would be necessary to restore bullish momentum. Investors should remain cautious, as the broader bearish trend and weak momentum indicators suggest further consolidation or a test of key support levels.