Market Overview: Celestia/Tether (TIAUSDT) - 24-Hour Technical Summary (2025-10-13)

• TIAUSDT surged 7.7% in 24 hours, closing at 1.107 with a bullish breakout above 1.10.
• Price formed a key bullish engulfing pattern at 1.08–1.105, confirming strong buyer control.
• Volatility expanded midday with a 2.1% range, and turnover spiked 2.4× from early morning.
• RSI crossed 65, indicating rising momentum, but not yet overbought.
• MACD turned positive, while Bollinger Bands widened, signaling increased directional bias.

Opening Narrative

Celestia/Tether (TIAUSDT) opened at 1.021 on 2025-10-12 at 16:00 ET and surged to a 24-hour high of 1.109 by 11:15 ET on 2025-10-13. The pair closed at 1.107 as of 12:00 ET on 2025-10-13. Total traded volume reached 9,602,693.24, with notional turnover amounting to 10,685,201.35 Tether. The price action appears to reflect strong short-term bullish momentum driven by aggressive buying on breakout.

Structure & Formations

Price action unfolded with a clear short-term bullish bias, marked by a key breakout above the 1.10–1.105 consolidation range. A bullish engulfing pattern formed at 1.08–1.105, confirming a shift in control to buyers. The 1.08–1.09 zone has now become a critical support area, while resistance may develop near the 1.11–1.12 range, based on recent highs.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both crossed to the bullish side as price pushed above 1.105. Price now trades well above both indicators, suggesting short-term continuation of the upward trend. On the daily chart, the 50-period MA stands at ~1.07, while the 200-period MA is at ~1.05, with TIAUSDT trading above both, reinforcing the medium-term bullish context.

MACD & RSI

The MACD turned sharply positive and crossed above the signal line in the last 4 hours, confirming the momentum of the recent upmove. RSI stands at 67 as of the latest close, suggesting rising bullish momentum but not yet in overbought territory. A close above 70 could raise risk of a short-term pullback.

Bollinger Bands

Bollinger Bands expanded significantly during the midday rally, with the 20-period band upper edge at ~1.122 and the lower edge near ~1.082. Price currently trades near the upper band, indicating overextension to the upside. A reversal or consolidation near the 1.09–1.10 zone could signal a retest of these bands in the coming hours.

Volume & Turnover

Volume spiked dramatically during the 11:15–12:00 ET period, with over 1.4 million contracts traded during the breakout above 1.10. Notional turnover surged by 2.4× compared to early morning levels, confirming strong conviction in the move higher. No significant divergence between price and volume was observed, supporting the continuation thesis.

Fibonacci Retracements

Applying 15-minute swing highs and lows from the 1.08–1.109 rally, the 61.8% retracement level sits near 1.093 and the 78.6% at ~1.102. Price is currently above both, suggesting the rally may have more room. On a daily basis, the 38.2% retracement from the recent 1.05–1.109 swing lies at ~1.078, reinforcing the potential for a consolidation near 1.08–1.09 before further upside.

Backtest Hypothesis

Given the recent bullish engulfing pattern at 1.08–1.105, and the confirmation from both volume and technical indicators, a strategy based on "Buy on Bullish Engulfing / Sell on Bearish Engulfing" could be applicable to TIAUSDT. This approach, as tested on BLSH from 2022-01-01 to 2025-10-13, uses close prices for entry and exit, and assumes no additional risk controls. For TIAUSDT, a long entry on the close of the bullish engulfing candle (e.g., 1.08–1.105) would align with the current price action. A stop loss could be placed below the 1.08–1.09 support zone, with a target near the 1.11–1.12 resistance area. If a bearish engulfing pattern emerges in the next 24 hours, it could signal a potential reversal and a sell signal.