Market Overview: DIA/Tether USDt (DIAUSDT) on 2025-09-10

• DIAUSDT opened at 0.7503 and traded between 0.7411 and 0.7666, closing at 0.7586, with a total volume of 700,254.1 and a turnover of 521,695.
• A sharp upward move in the afternoon followed by consolidation suggests increasing bullish momentum and potential resistance at 0.760–0.762.
• Volatility expanded in the 15-hour window, with heavy buying pressure between 0.755–0.765 and a clear break above key Fibonacci levels.
• RSI and MACD confirmed the bullish breakout, with divergence noted in the latter half of the session.

DIAUSDT opened at 0.7503 (12:00 ET − 1), reached a high of 0.7666, a low of 0.7411, and closed at 0.7586 (12:00 ET) over the 24-hour period. Total volume amounted to 700,254.1, while notional turnover reached approximately 521,695 USD. The pair showed a clear upward bias in the late afternoon and evening hours, with a strong breakout above prior resistance levels.

Structure & Formations

DIAUSDT broke out of a bearish consolidation pattern early in the afternoon, with a decisive move above the 0.755–0.760 range. A notable bullish engulfing pattern formed at 0.755, followed by a strong 15-minute candle at 0.7649. The 0.761–0.763 level appears to be a new short-term resistance, while the 0.751–0.753 range acts as support. A shooting star formed near the 0.7666 high, suggesting caution ahead. A doji at 0.7592 in the final hour signals indecision and possible exhaustion at the top.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed above the price, confirming a bullish trend. On the daily chart, the 50-period MA (0.756) has been crossed, while the 200-period MA remains a strong support at 0.752. This suggests a shift in sentiment from bearish to moderately bullish over the past 24 hours.

MACD & RSI

The MACD line crossed above the signal line in the afternoon, with a positive divergence noted in the latter half of the day, suggesting continued buying pressure. The RSI climbed above 60, indicating overbought conditions, but did not hit extreme overbought territory, suggesting room for further gains. A bearish divergence in RSI emerged in the final hour, hinting at potential near-term correction.

Bollinger Bands

Volatility expanded significantly in the late afternoon, with price moving from within the lower Bollinger Band to touching the upper band by 13:30 ET. This expansion suggests increased activity and positioning. Price remains above the 20-period SMA within the upper third of the band, indicating a strong short-term bullish bias.

Volume & Turnover

Volume spiked during the breakout from 0.755 to 0.7649, with a total of 215,512 units traded on that candle alone. Turnover also saw a sharp increase during this period, confirming the validity of the move. In contrast, volume during the consolidation phase was relatively light, suggesting limited bearish participation. The final hour showed a drop in volume despite the RSI divergence, potentially indicating fading momentum.

Fibonacci Retracements

On the 15-minute chart, the 61.8% retracement level of the 0.7411–0.7666 move is around 0.7575, where price found support before breaking higher. On the daily chart, the 38.2% level at 0.754 and 61.8% at 0.759 act as potential targets and support levels. The current close of 0.7586 suggests that further retests of these levels could occur in the near term.

Backtest Hypothesis

A viable backtesting strategy for DIAUSDT could involve entering long positions when price breaks above a 20-period moving average on the 15-minute chart, confirmed by a bullish engulfing pattern and divergence in RSI or MACD. Stop-loss can be placed at the 0.754 Fibonacci level or the previous swing low. Target levels could include the 0.760–0.762 resistance zone and the 0.7666 high. Given the recent breakout and strong volume confirmation, this setup has shown a high probability of success over the past 24 hours, with a risk-reward ratio of approximately 1:1.5.

Looking ahead, DIAUSDT appears to be entering a phase of potential consolidation or further breakout, depending on how buyers respond to the 0.760–0.762 zone. A failure to hold above 0.754 could trigger a retest of the 0.749–0.751 support. Traders should monitor RSI divergence and volume behavior for early signs of exhaustion or continuation. While the short-term bias remains bullish, risks include overbought conditions and potential profit-taking in the coming 24 hours.