Market Overview for Celestia/Tether (TIAUSDT) on 2025-11-09

Summary
• Price surged to a 24-hour high of $1.06 before consolidating near $1.04.
• Key support at $1.01 and resistance near $1.05 identified.
• Volume spiked during the bullish breakout but has since eased.

Celestia/Tether (TIAUSDT) opened at $0.986 on 2025-11-08 at 12:00 ET and closed at $1.042 by 12:00 ET on 2025-11-09. The pair reached a high of $1.06 and a low of $0.970 over the 24-hour period. Total volume across all 15-minute candles was 17,625,571.94 TIA, with a notional turnover of approximately $17,940,985.

Structure & Formations

The 24-hour OHLCV data shows a bullish breakout in the late afternoon and evening hours, with a sharp move above the $1.04 level. A bearish reversal pattern formed around $1.06 at 21:45 ET, suggesting potential profit-taking or short-term exhaustion. Key support levels include $1.01 and $0.99, while resistance is clustered around $1.05 and $1.06.

Moving Averages

On the 15-minute chart, the price closed above both the 20- and 50-period SMAs, reinforcing the bullish momentum. Over the 24-hour window, the 50-period daily SMA is at $1.026, suggesting that TIAUSDT is trading above its mid-term trend. A continuation above $1.05 may push the 100-period SMA into bullish territory.

MACD & RSI

MACD showed a positive divergence during the breakout above $1.04, with the histogram expanding through the 21:00 to 23:00 window. RSI reached overbought territory (72) at $1.06 but has since pulled back to neutral levels (~55). The pair appears to have entered a consolidation phase, with RSI signaling possible exhaustion in the upper range.

Bollinger Bands

Volatility expanded during the breakout with Bollinger Bands widening to 1.13 standard deviations. At its peak, the price touched the upper band at $1.06. Subsequently, it has pulled back within the band, suggesting a potential reversal if the lower band (~$1.025) is tested.

Volume & Turnover

The highest volume spike occurred around $1.06 at 21:45 ET, with 774,734.16 TIA traded. Turnover was highest during the same window at $774,734.16. However, volume has since declined, indicating reduced conviction in the rally. A divergence between price and volume may signal weakening momentum in the short term.

Fibonacci Retracements

Applying Fibonacci levels to the key $0.970 to $1.06 swing, the 61.8% level lies at $1.035 and the 78.6% level at $1.053. TIAUSDT is currently trading near the 61.8% retrace, suggesting a potential pullback or sideways consolidation ahead if the 50% level ($1.015) is not breached.

Backtest Hypothesis

Given the recent overbought RSI and volume divergence, a potential backtest strategy could involve a 3-day hold after an RSI overbought signal (RSI > 70) is confirmed by a strong candle. For TIAUSDT, this would have triggered at $1.06. Testing such a strategy from 2023-11-01 (TIA’s launch) onward may provide insights into how the pair responds to overbought conditions and whether it historically corrects within 3 days.