Market Overview for Cardano/Tether (ADAUSDT): 24-Hour Analysis (2025-09-26)

• Cardano/Tether (ADAUSDT) fell to a 24-hour low of $0.7576 before rebounding to close near $0.7638.
• A bearish breakdown below $0.7701 confirmed, with a follow-through move into $0.765–0.768.
• Momentum indicators suggest oversold conditions, with RSI near 30 and MACD divergence pointing to potential bounce.
• Volatility expanded in the morning, with a 200M+ volume candle at $0.765–0.768 signaling accumulation.
• Fibonacci retracement at 61.8% (~$0.767) may offer short-term support for near-term buyers.

The Cardano/Tether (ADAUSDT) pair opened at $0.7916 on 2025-09-25 at 16:00 ET, peaked at $0.7924, and hit a 24-hour low of $0.7576 before closing at $0.7638 as of 12:00 ET on 2025-09-26. Total volume amounted to approximately 149.3 million ADA, and notional turnover reached around $114 million over the 24-hour period, showing moderate but consistent interest.

Structure and formations over the past 24 hours revealed a bearish continuation with a breakdown below $0.7701, the previous key support. A long bearish candle with a wick at $0.7714 and a close near the lows at $0.7638 suggests conviction in the downside. A potential bullish reversal may be forming as the price consolidates around $0.765–0.768, with a possible bullish engulfing pattern emerging if a close above $0.7732 occurs in the next few hours. This could indicate short-term buyers stepping in amid oversold conditions.

On the 15-minute chart, the 20- and 50-period moving averages are both below the price, confirming the bearish bias. The daily chart shows the 50-EMA at $0.773, 100-EMA at $0.777, and 200-EMA at $0.782, all above the current price and reinforcing the downtrend. The MACD has shown bearish divergence with a flattening histogram, while the RSI is near 30, indicating potential overbought conditions on the downside. Traders may monitor for a possible RSI crossover above 35 as a signal for a short-term rebound.

Bollinger Bands reflected a notable expansion following the drop into $0.765–0.768, suggesting increased volatility and price compression. The current price of $0.7638 resides near the lower band, which may act as a short-term floor. A break above the mid-band at $0.769 could signal a resumption of sideways consolidation. Volume spiked on the breakdown candle at $0.765–0.768, indicating significant selling pressure at that level, which now appears as a key support zone. Turnover increased in line with volume, affirming conviction in the move lower.

Fibonacci retracement levels applied to the recent 15-minute swing (from $0.783 to $0.7583) show 38.2% at $0.766 and 61.8% at $0.7685 as potential support levels. On the daily timeframe, applying the tool to the recent bearish leg (from $0.7924 to $0.7576) places key support at 61.8% (~$0.767) and 78.6% (~$0.760). These levels could be watched for near-term buying interest.