Market Overview: Audius/Tether (AUDIOUSDT) Daily Summary (2025-09-18)

• • •

• AUDIUS/Tether (AUDIOUSDT) traded in a 0.061–0.063 range, with bearish pressure in the afternoon before a late rally.
• Price closed near 0.0628, up from 0.0609, with a strong closing candle above key support.
• Volume surged to ~9.9M units and turnover reached ~616,980 Tether, with increased buying interest in the final hours.
• RSI showed bullish momentum near overbought levels, while MACD confirmed a bullish crossover.
• Bollinger Bands expanded in late hours, suggesting increasing volatility and potential breakout.

Overview and 24-Hour Price Action

The 24-hour period for Audius/Tether (AUDIOUSDT) began at 0.0614 and closed at 0.0628 at 12:00 ET on 2025-09-18. The pair reached a high of 0.0631 and touched a low of 0.0607. Total volume traded stood at approximately 9.9 million units, with a notional turnover of ~616,980 Tether. The price action showed a bearish trend in the early afternoon, followed by a gradual and strong rebound in the evening.

Structure & Formations

Key support levels were identified at 0.0619 and 0.0615, with the latter acting as a strong level that held during the midday selloff. A bullish piercing line pattern emerged around 19:30–20:00 ET, signaling possible bullish momentum. At 22:45 ET, a large bullish candle (0.0625–0.0628) broke above 0.0625, indicating strength in the recovery phase. No significant bearish reversal patterns were observed during the session.

Moving Averages, MACD, and RSI

On the 15-minute chart, the 20-period and 50-period moving averages showed a bullish crossover late in the session, indicating strengthening upward momentum. The MACD (12, 26, 9) confirmed the bullish signal with a positive crossover around 04:00 ET and remained in the positive territory for the remainder of the session. RSI (14) surged above 65 in the final hours, entering overbought territory, which may suggest potential consolidation or a short-term pullback.

Bollinger Bands and Volatility

Bollinger Bands on the 15-minute timeframe showed a contraction during the midday selloff but expanded significantly in the evening as buying pressure increased. Price traded near the upper band during the late-night rally, signaling heightened volatility. The 2-standard deviation upper band reached 0.0631 at 11:45 ET, aligning with the day's high. This suggests traders may be expecting a potential breakout or test of key resistance levels in the near term.

Volume and Turnover

Trading volume surged late in the session, reaching a peak of 975,745.3 units at 22:45 ET. This coincided with a significant price increase to 0.0628, suggesting strong buying interest. Turnover also increased in the last three hours, with the highest notional value recorded during the bullish phase at 0.0628. The divergence between volume and price in the midday was bearish, but the late rally was confirmed by rising volume, reinforcing the bullish narrative.

Fibonacci Retracements

Fibonacci retracement levels on the 15-minute chart showed key resistance at 0.0628 (61.8% level) and 0.0631 (78.6% level), both of which were tested during the late rally. The 38.2% retracement level at 0.0625 held as support during the midday dip. The successful close above 0.0628 suggests a possible retest of the 0.0631 level in the coming days. For the daily chart, key retracements at 0.0628 and 0.0633 could serve as important psychological barriers.

Backtest Hypothesis

Given the observed bullish momentum and strong volume confirmation, a backtesting strategy might look to enter long positions near key Fibonacci retracement levels (e.g., 0.0625 and 0.0628) on a close above these levels, with a stop-loss placed below the previous swing low (e.g., 0.0619) and a take-profit target aligned with the 0.0631–0.0633 resistance. The MACD crossover and RSI divergence could serve as confirmation filters. Historical data suggests that such setups, especially when confirmed by strong volume, tend to have a higher success rate in short-term directional plays, though volatility and liquidity must be carefully managed.