• Price climbed from 0.584 to 0.609 before consolidating near 0.591.
• Momentum slowed near resistance at 0.609, with a bearish reversal forming.
• Volatility dipped as Bollinger Bands narrowed, signaling a potential breakout.
• On-balance volume spiked between 19:00 and 20:30 ET, but failed to sustain higher prices.
• RSI remained neutral, suggesting no clear overbought or oversold signals.
The Artificial Superintelligence Alliance/Tether (FETUSDT) pair opened at 0.584 on October 2, 2025, and reached a high of 0.609 before retreating to close at 0.591 as of October 3, 12:00 ET. Total trading volume stood at approximately 9.97 million FET, with a notional turnover of $5.93 million over 24 hours. The price action reflected a mixed battle between bulls and bears, with intermittent strength in the afternoon before settling into consolidation.
Structure & Formations
Key resistance levels are visible at 0.609, 0.612, and 0.614, with a breakdown at 0.609 signaling bearish pressure. A bearish engulfing pattern formed between 20:00 and 20:15 ET, confirming a reversal after the 0.612 peak. Support is now testing at 0.593–0.595, with a potential breakdown warning if this level fails. A doji formed near 0.604 in the early morning, suggesting indecision after a bullish rally.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages crossed near 0.597–0.600, indicating short-term indecision. The price briefly crossed above the 20-period MA during the late afternoon but failed to hold. On the daily chart, FETUSDT is trading near the 50-day MA, with the 100- and 200-day MAs providing a longer-term floor around 0.585–0.590. A cross below 0.590 may trigger further bearish momentum.
MACD & RSI
The 15-minute MACD showed a bearish crossover below the signal line late in the afternoon, confirming the reversal near 0.609. RSI hovered in neutral territory, but a reading of 48 at 09:00 ET suggests no strong overbought or oversold conditions. RSI may dip into oversold if the 0.590 level breaks, but bulls are likely to meet resistance near 0.605–0.610 before a bullish rebound is confirmed.
Bollinger Bands
Volatility decreased as the Bollinger Bands narrowed between 05:00 and 09:00 ET, indicating a potential breakout phase. Price has since bounced near the middle band, with a breakdown below the lower band expected if 0.590 is tested again. A breakout above the upper band would require a sustained rally above 0.610, but current momentum does not yet support that scenario.
Volume & Turnover
Volume spiked sharply between 19:00 and 20:30 ET, reaching a peak of 669,006 FET, but failed to carry the price higher. Notional turnover also increased during this window, confirming the intensity of the reversal. However, the volume has since declined, suggesting waning conviction in both directions. Divergence between price and volume is a cautionary sign for further bullish moves.
Fibonacci Retracements
Fibonacci levels applied to the 0.584–0.614 swing show key levels at 38.2% (0.600), 50.0% (0.599), and 61.8% (0.597). The 0.597 level has been repeatedly tested, suggesting it may act as a short-term floor. A breakdown below 0.593 may trigger a test of the 0.589 level, aligning with the 78.6% Fibonacci extension.
Backtest Hypothesis
A potential backtesting strategy for FETUSDT could involve entering long positions when the price crosses above the 20-period MA on the 15-minute chart, confirmed by a bullish divergence in the RSI and increasing volume. Alternatively, short positions may be triggered when the price breaks below the lower Bollinger Band, with a stop-loss placed above the 50-period MA. Given the current price structure, a breakout above 0.610 with rising volume could be a high-probability entry for longs, while a breakdown below 0.590 would favor a short bias.
The outlook for the next 24 hours remains cautiously bearish as FETUSDT consolidates near 0.591. A failure to hold above 0.590 could lead to a test of the 0.584 level, while a retest of 0.605–0.610 could ignite a new bullish phase. Investors should closely monitor volume for divergence or confirmation as well as key Fibonacci and moving average levels. As always, trading carries risk, and positions should be sized accordingly.
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