Market Overview for Artificial Superintelligence Alliance/Tether (FETUSDT) – 2025-10-10

• Price dropped 9.02% over the past 24 hours, closing near 0.491 after a sharp selloff.
• High volume observed in the 19:00–20:00 ET range, coinciding with a key intraday low.
• RSI approached oversold territory, while MACD showed bearish divergence.
• Volatility expanded during selloff hours, with price dipping below Bollinger Band lower boundary.
• Fibonacci retracement levels suggest potential short-term bounce near 0.484–0.488.

Artificial Superintelligence Alliance/Tether (FETUSDT) opened at 0.505 on 2025-10-09 at 12:00 ET and closed at 0.491 on 2025-10-10 at 12:00 ET, registering a daily low of 0.463 and high of 0.508. Total volume traded over the 24-hour period was 71,747,291.7 units, with a notional turnover of approximately $35,285,162. The pair has shown a bearish bias amid rising selling pressure and a sharp drop in sentiment.

Key support levels have formed near 0.484 and 0.476, with a significant 15-minute bearish engulfing pattern observed around 19:00 ET. A doji near 0.489 in late trading may indicate short-term indecision. The 20-period moving average on the 15-minute chart currently sits at 0.495, with the 50-period at 0.497, both above the close. On the daily chart, the 50-period MA is at 0.492, and the 200-period at 0.498, suggesting price is consolidating below longer-term averages.

Momentum indicators reinforce bearish pressure. RSI is approaching the 30 threshold, indicating potential oversold conditions, while MACD remains in negative territory with a bearish crossover signal. Volatility, as measured by Bollinger Bands, expanded during the selloff, with price dipping below the lower band at 0.463. Volume surged during the 19:00–20:00 ET session, confirming the breakdown. However, volume has since declined, suggesting a potential exhaustion phase.

Fibonacci retracement levels from the recent 15-minute swing (0.496 to 0.508) show 38.2% at 0.499 and 61.8% at 0.493, with the latter acting as a critical near-term support. On the daily chart, the 61.8% retracement of the broader move lies at 0.485, aligning with a possible bounce zone.

The backtesting strategy described leverages RSI oversold conditions and Bollinger Band contractions to identify potential reversal entries. Given the current RSI near oversold levels and the recent contraction in volatility, a buy entry at or near 0.485, with a stop loss below 0.481 and a target at 0.495, could be considered. This approach appears to align with the observed price behavior and Fibonacci support, providing a risk-controlled opportunity in a high-probability zone.