Market Overview: DIA/Tether (DIAUSDT) – 24-Hour Summary for 2025-10-14

• DIA/Tether (DIAUSDT) declined 4.8% over the last 24 hours, closing below key support levels at 0.456 and 0.461.
• A bearish divergence in the MACD and RSI overbought exhaustion signaled a likely continuation of the downward trend.
• Volatility expanded in the early session before narrowing toward the close, suggesting consolidation post-break.
• The 20-period SMA remains above the price, confirming a short-term bearish bias.

DIA/Tether (DIAUSDT) opened at 0.4596 on 2025-10-13 at 12:00 ET and closed at 0.4318 at 12:00 ET on 2025-10-14. The 24-hour high was 0.4786, and the low reached 0.4237, reflecting a volatile session. Total volume across 15-minute candles amounted to 1,068,313.7, with notional turnover at $478,428.9 based on weighted averages.

The price has been confined below the 20-period SMA on the 15-minute chart, suggesting bearish momentum. Notable support levels identified at 0.456 and 0.461 have now been breached, with a potential next target at 0.442, aligned with the 61.8% Fibonacci retracement from the recent high of 0.4786. A bearish engulfing pattern formed in the 19:15–19:30 ET window, confirming a shift in sentiment.

Bollinger Bands widened in the early part of the session, indicating increased volatility before narrowing in the last 6 hours. This suggests a potential consolidation phase ahead. RSI has moved into oversold territory, though it remains below 40, indicating the downtrend has not yet exhausted itself.

The MACD histogram showed a bearish divergence, with prices forming higher highs while the MACD formed lower highs. This divergence is a strong indicator of an impending bearish reversal or continuation of the current downtrend. Volume and turnover aligned with price declines during key lows, offering some confirmation. A bearish breakdown from the 0.4634 level—initial resistance turned support—further confirms the weakening trend.

Backtest Hypothesis

A short-selling strategy based on MACD bearish divergence and exit at the 20-period SMA crossover would have captured a portion of this 24-hour decline, with a clear entry signal likely generated as early as 18:00 ET on 2025-10-13. The system’s simplicity—no additional stop-loss or position sizing—means the strategy relies heavily on divergence timing and price discipline. Given the recent confirmation of bearish momentum and oversold conditions, this approach could offer attractive risk/reward potential in the near term.