Market Overview: Celestia/Tether (TIAUSDT) – 24-Hour Analysis

• TIA/USDT dropped 9.3% in 24 hours, hitting a low of $1.687 before consolidating near $1.707.
• Heavy volume during the 19:30–20:30 ET selloff, indicating short-term bearish pressure.
• RSI (14) briefly oversold at 28.5, suggesting possible near-term rebounds.
• Price remains below key 50-period MA and Fibonacci 61.8% retracement at $1.72.

Celestia/Tether (TIAUSDT) opened at $1.728 on 2025-09-19 at 12:00 ET and closed at $1.707 on 2025-09-20 at 12:00 ET, experiencing a 24-hour low of $1.687 and high of $1.748. The total volume traded was 3,570,715.61 TIA, with a notional turnover of $5,951,457. The pair has shown bearish momentum and consolidation near key support levels.

Structure & Formations

Price formed a bearish continuation pattern, with a large down-wave from $1.748 to $1.687 followed by a shallow rebound. A key resistance level forms near $1.726–1.733, as indicated by failed breakouts and a bearish engulfing pattern around 00:30–01:30 ET. A bullish harami formed in the 02:30–03:15 ET window, hinting at short-term indecision. Support appears to hold at $1.707, with Fibonacci 61.8% retracement of the $1.687–$1.748 swing also near this level.

Moving Averages

On the 15-minute chart, the price has remained below both the 20 and 50-period MAs, with the 50 MA acting as a dynamic resistance around $1.716–1.726. The 20 MA crossed below the 50 MA in a bearish signal earlier in the session. On the daily chart, the 50-period MA sits at $1.735, and the 100-period MA at $1.739. The 200-period MA is at $1.744, reinforcing a bearish bias as price remains below all three.

MACD & RSI

MACD (12,26,9) shows a bearish crossover with a negative histogram, and the zero line is being tested as support. RSI (14) reached oversold territory at 28.5 during the 23:30–00:15 ET period, suggesting a potential bounce but has since rebounded to neutral levels (~50). This could indicate exhaustion in the current bearish move, though without a clear bullish reversal, momentum remains bearish.

Bollinger Bands

Volatility expanded during the 19:30–20:30 ET sell-off, with the bands widening significantly. Price remained near the lower band for much of the session, indicating oversold conditions. A contraction occurred during the 05:00–06:15 ET consolidation, suggesting potential for a breakout or reversal. Price is now testing the middle band, with the upper band currently at $1.733–1.745, which could see renewed testing if buying pressure resumes.

Volume & Turnover

Volume spiked during the 19:30–20:30 ET selloff, with a 15-minute volume of 164,622.57 TIA and a turnover of $285,095, reinforcing the bearish breakout. Later in the session, volume diminished, with the highest turnover occurring in the early morning and late afternoon. Notable divergence is visible between the price rebound and lower volume, suggesting weak conviction in the recovery.

Fibonacci Retracements

Key retracement levels from the $1.687–$1.748 swing include 23.6% at $1.726, 38.2% at $1.733, and 61.8% at $1.738. The 61.8% level has acted as a pivot point, with the price finding resistance and retreating. The 50% level at $1.717 is currently being tested as a potential support/resistance zone, with mixed signals from candlestick patterns.

Backtest Hypothesis

Given the bearish bias in the 15-minute chart and the confirmation of key Fibonacci levels, a potential backtesting strategy could focus on short trades initiated when price breaks below the 50-period MA with a volume spike above the 20-period average. A stop-loss could be placed just above the 61.8% Fibonacci retracement, and a target set at the 38.2% level. This aligns with the observed bearish momentum and resistance at $1.726–1.733. The recent failure to reclaim $1.733 suggests a high probability of a retest at these levels, offering a favorable risk-reward setup for short-term traders.