Market Overview: Automata Network/Tether (ATAUSDT) – November 13, 2025

Summary
• Price opened at $0.0251 and closed at $0.0252 within a tight 15-minute range.
• Volatility remained subdued with a high of $0.0258 and low of $0.0245.
• Notable volume spikes occurred during the early morning ET.

Automata Network/Tether (ATAUSDT) opened at $0.0251 on November 12, 2025 at 12:00 ET, and closed at $0.0252 on November 13, 2025 at 12:00 ET. The pair reached a high of $0.0258 and a low of $0.0245 during the 24-hour period. Total volume traded was approximately 6,544,563.0, while total notional turnover amounted to $164,104.

Structure & Formations

Price action displayed a consolidating pattern around the $0.0252–0.0253 region, with a key support level at $0.0245 and resistance at $0.0258. A notable bullish engulfing pattern appeared in the early morning hours (01:00–01:15 ET), indicating potential short-term buying interest. However, the pattern was followed by a bearish correction, suggesting indecision among traders. The price may continue to trade in a range unless a breakout above $0.0258 or a breakdown below $0.0245 occurs with strong volume confirmation.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in close proximity, hovering around $0.0251–0.0252, suggesting short-term neutrality. On the daily timeframe, the 50-day MA was above the 100-day and 200-day MAs, indicating a weak but upward-biased trend. The price currently resides slightly above the 50-day MA, which could serve as a dynamic support level if the consolidation continues.

MACD & RSI

The MACD remained near zero with a short histogram, reflecting flat momentum and no clear directional bias. The RSI hovered around the 50 level during most of the session, with a brief spike above 60 in the early morning due to the bullish engulfing pattern. It subsequently fell back toward the 50 level, indicating that the market remains in a balance. While not overbought or oversold, traders may expect a continuation of consolidation unless a clear directional signal emerges.

Bollinger Bands

Price traded within a narrow Bollinger Band range, with volatility contracting during much of the session. The bands had a width of approximately $0.0003–0.0004, with the price frequently touching the midline. A slight expansion was observed after the bullish engulfing pattern, but it was quickly reversed. This suggests that the market is preparing for a potential breakout or breakdown, with traders awaiting a catalyst.

Volume & Turnover

Volume remained moderate throughout the session, with the largest spike occurring at 21:15–21:30 ET, when 2.94 million contracts were traded at a high of $0.0253. Turnover aligned with volume, peaking during the same period. Price and turnover moved in tandem during this time, reinforcing the credibility of the move. A divergence appeared in the late evening, where volume increased while price declined slightly, hinting at possible profit-taking or short-term bearish pressure.

Fibonacci Retracements

Applying Fibonacci retracement levels to the $0.0245–0.0258 swing, the 38.2% and 61.8% levels fall at approximately $0.0252 and $0.0256, respectively. The price has found initial support near the 38.2% level, suggesting that a test of the 61.8% level may be necessary to confirm a breakout. If the current range is broken, these levels could act as critical decision points for market participants.

Backtest Hypothesis

A backtest of the Bullish Engulfing candlestick pattern over the past three and a half years yielded mixed results. While the strategy showed a positive average return per trade (1.15%), it also suffered from severe drawdowns and an overall negative net return of -10.66%. This suggests that the pattern alone is insufficient for consistent profitability, especially in a volatile market like Automata Network/Tether. Incorporating additional filters, such as trend alignment with the 50-day and 200-day moving averages, or implementing stop-losses, could improve risk management and filter out false signals. The low confirmation rate (only 22% of trades were confirmed by the next day) further implies the need for tighter entry or exit rules.