Market Overview for Celestia/Tether (TIAUSDT) on 2025-09-25

• Price action saw a strong bearish trend with a 7.7% decline from open to close
• RSI entered oversold territory near 28, suggesting potential short-term support
• Volume surged during the selloff, confirming bearish momentum
• Bollinger Bands widened, indicating increased volatility
• A bearish engulfing pattern appeared on the 15-minute chart near key resistance

Opening Summary and Price Context

Celestia/Tether (TIAUSDT) opened at 1.483 at 12:00 ET on 2025-09-24 and closed at 1.405 at 12:00 ET on 2025-09-25, with a high of 1.485 and a low of 1.370. Total volume over the 24-hour period was 11,205,153.54, with a notional turnover of 15,864,196.37.

Structure & Formations

The price action displayed a strong bearish bias, with a key resistance level forming near 1.475–1.485, where several 15-minute candles showed bearish engulfing patterns. A notable 15-minute doji appeared at 1.468 on 18:45 ET, signaling indecision. The price then broke below 1.460, confirming a bearish breakout, and continued to fall toward 1.410–1.420 support levels.

Moving Averages

On the 15-minute chart, the 20- and 50-period moving averages crossed below key price levels during the selloff, reinforcing bearish momentum. The 50-period moving average on the daily chart crossed below the 200-period, indicating a bearish trend continuation.

MACD & RSI

MACD showed bearish divergence with price, especially after 20:00 ET, as the histogram contracted during the selloff. RSI dropped into oversold territory near 28 during the last 24 hours, suggesting a possible short-term rebound. However, the prolonged bearish trend may see RSI remain in oversold levels for some time.

Bollinger Bands

Bollinger Bands expanded significantly during the selloff, reflecting increased volatility. Price action remained well below the lower band for extended periods, confirming a strong bearish move. A contraction phase may precede a potential reversal, but bearish momentum remains strong.

Volume & Turnover

Volume surged during the sharp decline from 1.485 to 1.410, especially between 22:00 ET and 00:30 ET, where total volume exceeded 600,000. Turnover also spiked, confirming the strength of the bearish move. Price and volume moved in alignment, providing confirmation of the selloff rather than divergence.

Fibonacci Retracements

Fibonacci levels identified key levels for the 1.485–1.410 decline. The 61.8% retracement at 1.438 may act as a short-term resistance, while the 38.2% level at 1.448 could serve as a potential support during any rebound. On the daily chart, the 50% retracement level of the broader move might offer a key pivot point in the near term.

Backtest Hypothesis

A backtesting strategy could involve entering short positions on the confirmation of bearish engulfing patterns near 1.480–1.485, with stop-loss above 1.490 and a take-profit near 1.440–1.435, aligning with Fibonacci and RSI oversold levels. This approach would leverage both price patterns and momentum indicators to capture a defined bearish move.