Market Overview for Celestia/Tether USDt (TIAUSDT) on 2025-09-10

• TIAUSDT posted a 24-hour low of $1.78 and closed near $1.808 amid volatile trading
• Price formed bullish and bearish engulfing patterns suggesting shifting sentiment
• Momentum via RSI showed overbought levels followed by a pullback, indicating balanced pressure
• Turnover surged to $408k in a single 15-minute candle, hinting at possible order flow activity
• Volatility expanded as seen in wide Bollinger Bands, showing price tested key levels

Celestia/Tether USDt (TIAUSDT) opened at $1.789 at 12:00 ET - 1 and closed at $1.808 at 12:00 ET, reaching a high of $1.831 and a low of $1.78. Total volume was 3.27 million, and notional turnover was $5.79 million over the past 24 hours.

Structure & Formations

The 15-minute OHLC data reveals distinct price swings between $1.78 and $1.831, with several key formations. Notably, a bullish engulfing pattern formed at $1.791 to $1.811 (17:30–17:45 ET), followed by a bearish engulfing pattern at $1.821 to $1.813 (19:00–19:15 ET). A long-legged doji near $1.820 (19:30–19:45 ET) signals indecision. Key support appears to be forming around $1.78–1.79, and resistance at $1.82–1.83 is showing early rejection.

Moving Averages

On the 15-minute chart, price briefly pierced the 20-period and 50-period moving averages, creating short-term directional uncertainty. While the 20-period MA crossed above the 50-period MA earlier, the pair has since pulled back. On the daily chart, price remains above the 200-period MA, suggesting medium-term bullish bias.

MACD & RSI

The MACD line showed positive divergence early in the session, confirming the bullish engulfing pattern at 17:45 ET, but turned negative in the late session, aligning with bearish reversal signs. RSI peaked above 70 (overbought) during the $1.821 high and dropped to around 55, indicating a possible repositioning of short-term traders.

Bollinger Bands

Price volatility increased as the Bollinger Bands widened throughout the session, with price frequently testing the upper and lower bands. The $1.79 to $1.831 range appears to be the new high-probability trading corridor, with the middle band hovering around $1.80.

Volume & Turnover

The highest volume spike occurred at 18:30 ET (232,685 volume), coinciding with a sharp move from $1.808 to $1.821. This suggests significant order flow at that level. Notional turnover reached a peak of $408k at 18:15 ET. Volume and price action aligned during the 18:30–19:00 ET period, confirming the strength of the move toward resistance.

Fibonacci Retracements

On the 15-minute chart, the $1.821 high is at the 61.8% retracement level of the earlier $1.78 to $1.831 move, suggesting a potential reversal zone. The 38.2% level sits at $1.808, aligning with the close of the 24-hour period, indicating consolidation or potential retest of this level in the near term.

Backtest Hypothesis

Given the recent formation of bullish and bearish engulfing patterns, paired with RSI divergence and key Fibonacci levels at $1.808 and $1.821, a potential backtesting strategy could involve entering short positions near $1.821 with a stop loss above the upper Bollinger Band, and long positions on a retest of the 38.2% Fib at $1.808. This approach leverages the price action and momentum signals observed in the session.