Market Overview for Audius/Tether (AUDIOUSDT) on 2025-09-18

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• Audius/Tether (AUDIOUSDT) traded in a tight range early on, followed by a sharp intraday drop to 0.0607 before a gradual recovery to 0.0628.
• Momentum improved mid-day with a 1.3% rally from 0.0623 to 0.0628, supported by increased volume and positive RSI divergence.
• A bearish rejection at 0.0627–0.0628 suggests near-term resistance, with key support at 0.0615 and 0.0610.
• Volatility increased from 0.0607 to 0.0628, with price ending the day at 0.0622, closing within the upper Bollinger Band.
• Notional turnover was uneven, with spikes at key support and resistance levels, indicating potential order block activity.

Market Open to Close Summary

Audius/Tether (AUDIOUSDT) opened at 0.0614 on 2025-09-17 at 12:00 ET, dropped to a low of 0.0607 before 17:00 ET, and closed the 24-hour period at 0.0622 on 2025-09-18 at 12:00 ET. Total volume traded over the period was 9,387,720.1, and total turnover amounted to approximately $588,067. The pair showed mixed behavior, with a bearish pullback at key resistance followed by a consolidation phase.

Structure & Formations

Key support levels were identified around 0.0615 and 0.0610, with a bearish rejection pattern observed near 0.0627–0.0628, suggesting a potential overhead barrier. A bullish engulfing pattern appeared at 0.0611–0.0616 on 18:45–19:00 ET, indicating a short-term reversal. A bearish doji formed at 0.0625 on 22:45–23:00 ET, hinting at indecision at that level. These patterns collectively suggest a market in consolidation mode after an initial decline.

Moving Averages & Momentum

On the 15-minute chart, price closed above the 20-period moving average (~0.0619) but below the 50-period (~0.0621), indicating short-term optimism. The 50-period moving average crossed above the 100-period (~0.0616) on 19:30–19:45 ET, signaling a potential bullish tilt. On the daily chart, the 200-period MA (~0.0610) served as a strong support level, holding price from further downward moves.

The MACD crossed above the signal line around 0.0615–0.0616, indicating a short-term bullish momentum, while the RSI moved into overbought territory (above 60) at 0.0625–0.0627, suggesting potential for a pullback. A positive divergence in RSI during the 0.0611–0.0616 rally suggests buying pressure at lower levels.

Bollinger Bands & Fibonacci

Price ended the 24-hour window near the upper Bollinger Band, at 0.0622, indicating a period of elevated volatility. The 20-period standard deviation was around 0.0007, suggesting a moderate widening of bands. On the Fibonacci retracement tool, the 61.8% level (~0.0616) acted as a support during a rebound off 0.0607–0.0610. The 38.2% level (~0.0622) coincided with the closing price, suggesting a possible stall in the upward move.

Volume & Turnover

Volumes spiked at key turning points: 0.0610–0.0612 (bearish rejection), 0.0616–0.0619 (bullish rebound), and 0.0625–0.0627 (overbought resistance). Turnover increased by 45% at 0.0625–0.0627 compared to the previous hour, while price remained flat. A divergence between rising turnover and flat price suggests accumulation at key levels.

Forward-Looking View & Risk

Looking ahead, the pair may test resistance at 0.0628–0.0630, with a break above this level potentially leading to a 0.0635 target. However, a retest of 0.0615–0.0616 could follow if buyers fail to commit. Investors should monitor for a breakdown below 0.0615, which could trigger a retest of 0.0610.

Backtest Hypothesis

The backtest strategy described assumes a mean-reversion approach on 15-minute candles, where a long entry is triggered when RSI falls below 35 and a short entry is triggered when RSI exceeds 65, with stops at the nearest Fibonacci level. The strategy also includes a trailing stop at the 50-period MA. The current 24-hour chart aligns well with this strategy, as RSI showed a bullish divergence at 0.0611–0.0616 and price respected key Fibonacci levels. A successful continuation of this pattern would require RSI to remain above 50 and volume to remain above average at key supports. This hypothesis could be tested over the next 24 hours with clear entry and exit triggers.