Market Overview for Celestia/Tether (TIAUSDT) – 24-Hour Technical Snapshot

• TIAUSDT opened at 1.422 and traded between 1.371 and 1.479, closing at 1.382 with strong bearish bias.
• Momentum turned negative after an overbought RSI peak, followed by a breakdown below key moving averages.
• Volatility expanded significantly during a sharp correction, with volume spiking on the downward move.
• Bollinger Bands showed a contraction earlier, followed by a violent expansion as price dropped to the lower band.
• Fibonacci retracement levels indicate critical support near 1.371–1.382 and potential resistance at 1.425–1.443.

Market Summary and Key Levels

Celestia/Tether (TIAUSDT) opened at 1.422 on 2025-10-09 at 12:00 ET, reached a high of 1.479 and a low of 1.371, and closed at 1.382 at 12:00 ET on 2025-10-10. Total volume for the 24-hour window was 8,416,413.13, while notional turnover reached approximately $12.03 million. The price action shows a distinct bearish reversal after a short-lived bullish attempt.

Key levels include a strong support zone around 1.371–1.382, marked by a long bearish candle and a low on the final 15-minute bar. A key resistance appears at 1.425–1.443, which held during the initial upward correction. A morning breakout from this range failed to hold, triggering a pullback.

Technical Indicators and Trend Analysis

On the 15-minute chart, the 20-period and 50-period moving averages both trended downward through the session, reinforcing a bearish bias. The daily timeframe shows the price below the 50, 100, and 200-period MAs, indicating a stronger downtrend.

The RSI peaked near 70 in the morning before dropping sharply into oversold territory near 30 by the end of the session. This suggests a possible exhaustion of the bearish move or a continuation if volume and price remain weak. The MACD crossed below the signal line in the afternoon, aligning with the downward shift in momentum.

Bollinger Bands were in contraction earlier in the session before widening as volatility spiked. Price reached the lower band, suggesting oversold conditions but also the potential for a rebound. However, without a strong volume surge to confirm a bounce, a further test of support at 1.371 appears likely.

Volume and Fibonacci Retracements

Volume spiked sharply during the late afternoon and early evening as the price dropped toward the session low. This confirms the bearish move. However, volume tailed off during the final hours, indicating a potential waning of selling pressure.

Fibonacci retracement levels drawn from the 1.371 low and 1.479 high highlight key psychological and potential reversal levels. The 61.8% retracement sits at 1.425, and the 38.2% at 1.443. The price failed to hold the 61.8% level, reinforcing the bearish narrative. A rebound above 1.443 could trigger a test of the 1.479 high again, but this requires strong volume and momentum confirmation.

Backtest Hypothesis

Given the technical setup—price breaking below key moving averages, RSI in oversold territory, and a large bearish volume spike—a backtesting strategy could focus on a short entry near the 1.443–1.425 retracement level with a stop above 1.459 (a recent swing high). A target of 1.371 aligns with both Fibonacci and Bollinger Band support levels. This strategy would benefit from volatility expansions and volume confirmation during pullbacks, which were observed in the data.