Market Overview for Bella Protocol/Tether (BELUSDT)

• BELUSDT opened at 0.2278, surged to 0.2381, and closed at 0.2358 within the 24-hour window.
• Strong bullish momentum emerged post-0.2326, followed by consolidation and minor pullbacks.
• Volatility increased mid-session, with a high turnover of $143,709 at 17:15 ET.
• No clear reversal patterns; volume remained elevated in both bullish and bearish moves.
• RSI reached overbought levels at 0.2381, followed by a corrective decline into neutral territory.

Bella Protocol/Tether (BELUSDT) opened at 0.2278 on 2025-09-26 at 12:00 ET, reached a high of 0.2381, and closed at 0.2358 by 12:00 ET the following day. The pair traded within a 0.2273–0.2381 range with a total volume of 1,646,149 and a notional turnover of $378,560.

The price structure showed a strong bullish breakout above the 0.2326 level on 17:15 ET, with a candle closing at 0.2342 and confirming a 61.8% Fibonacci retracement level from a prior bearish swing. Support appeared to form around 0.2350–0.2360, where price found multiple bounces, while resistance remained capped near 0.2370–0.2375. No clear candlestick reversal patterns were evident, though the formation of small-bodied candles toward the close indicated indecision.

MACD showed a bullish crossover early in the session, with a peak at 0.2342, followed by a gradual bearish divergence as the RSI moved from overbought to neutral levels. Bollinger Bands widened as volatility surged, with price testing the upper band around 0.2341–0.2347. The mid-band aligned with the 50-period moving average, suggesting short-term trend strength.

Volume spiked at key moments, notably at 17:15 ET with a $143,709 turnover candle, confirming the breakout above 0.2326. Later, a bearish volume contraction around 0.2370–0.2375 indicated weak follow-through, suggesting a potential short-term ceiling. The 20-period moving average provided a dynamic support line, while the 50-period MA remained slightly bullish.

Backtest Hypothesis

A potential backtesting strategy could involve entering a long position on a bullish crossover of the 20-period and 50-period moving averages, confirmed by a close above the upper Bollinger Band and RSI above 50. A stop-loss could be placed below the most recent support at 0.2342–0.2350, with a target aligned to the next Fibonacci level at 0.2381–0.2390. This approach would aim to capture short-term bullish momentum while managing risk with defined levels.