Market Overview for Ark/Tether (ARKUSDT) – October 3, 2025

• Ark/Tether traded in a 0.4431–0.4575 range with a 24-hour close at 0.4575, showing a bullish bias.
• Momentum turned mixed after an initial bullish thrust in the early hours, with RSI peaking near overbought levels.
• Volume spiked in the afternoon and evening, confirming buying pressure but diverging slightly from price during declines.
• Bollinger Bands showed expansion after a morning contraction, indicating heightened volatility.
• A bullish engulfing pattern formed in the early hours, suggesting potential for a short-term rally.

Ark/Tether (ARKUSDT) opened at 0.4431 on October 2, 2025, and closed at 0.4575 on October 3, 2025. The 24-hour range was between 0.4431 and 0.4575. Total traded volume reached 1,131,125.0 and notional turnover stood at 498,668.65 USD. The price action showed a distinct bullish bias, particularly in the early hours, with a key bullish engulfing pattern around 16:00 ET and a late-day breakout above 0.4525.

Structure & Formations

Price action revealed a clear bullish thrust in the early morning with a large bullish engulfing candle at 16:00 ET, confirming buying momentum. A key support zone emerged near 0.4495–0.4485, which held multiple times during the day. Resistance at 0.4525 was broken and retested as a new support during the afternoon. A doji appeared around 02:15 ET, hinting at potential indecision in the market. The most recent high at 0.4575 could act as a short-term resistance level, while the 0.4431 level appears to be a strong support.

Moving Averages

Using the 15-minute timeframe, the price closed above both the 20-period and 50-period moving averages, indicating a bullish bias. The 20 MA was at ~0.4506 and the 50 MA at ~0.4512 as of the final candle. On the daily chart, the 50-period MA stood at 0.4500 and the 200 MA at ~0.4475. The price remains above the 50 MA and is approaching the 200 MA, suggesting continued bullish momentum, though a close below the 200 MA could trigger short-term profit-taking.

MACD & RSI

The MACD line showed a positive divergence with the signal line, indicating bullish momentum. The histogram remained above zero for most of the day, especially during the early hours and late afternoon. The RSI hit 61.5 at its peak, moving into overbought territory but not reaching 70, suggesting moderate bullish pressure without extreme overbought conditions. A pullback below 50 on the RSI could signal a short-term correction.

Bollinger Bands

Bollinger Bands contracted in the early morning and expanded significantly as volatility increased during the afternoon and evening. The upper band reached as high as 0.4550, while the lower band settled near 0.4470. Price action remained above the 20-period moving average and spent most of the day in the upper half of the bands, reinforcing bullish sentiment.

Volume & Turnover

Volume surged in the afternoon with a spike at 16:30 ET and 22:30 ET, indicating strong institutional or large-cap buying. Total volume hit 1,131,125.0, while turnover reached 498,668.65 USD. A divergence was observed in the late hours when volume failed to confirm a price dip around 01:00–02:00 ET, suggesting a possible false bearish signal.

Fibonacci Retracements

Fibonacci levels were drawn from the key swing low at 0.4431 and swing high at 0.4575. The 0.382 level at 0.4496 and 0.618 level at 0.4529 were both tested during the session. The 0.4508–0.4525 range appears to be a critical consolidation zone, and any close above the 0.618 level could trigger a move toward the 0.4600 psychological level.

Backtest Hypothesis

Applying a strategy that targets the bullish engulfing pattern around 16:00 ET and follows the breakout above 0.4525 could yield favorable results. If the price retests 0.4525 as a support and maintains above 0.4500, a Fibonacci extension target of 0.4600 may become relevant. The combination of volume confirmation and MACD divergence supports a potential short-term bullish bias. However, a close below 0.4495 could invalidate the pattern and trigger a retest of 0.4431.