Market Overview for Flow/Tether (FLOWUSDT): 24-Hour Price Action and Key Levels

• Flow/Tether (FLOWUSDT) traded in a narrow range, with limited momentum and consolidation observed after an early dip.
• Key support around 0.355–0.357 held through the session, while resistance emerged at 0.36 and above.
• High volume and turnover occurred during the late-night to early-morning hours, suggesting increased liquidity interest.
• RSI indicated oversold conditions early in the session but failed to confirm a strong rebound, signaling mixed sentiment.
• Bollinger Bands showed moderate volatility expansion, with price hovering near the midline, suggesting indecision.

Price Action and Range Consolidation

Flow/Tether (FLOWUSDT) opened at 0.359 on 2025-09-22 at 12:00 ET and closed at 0.36 on 2025-09-23 at 12:00 ET, after touching a low of 0.353 and a high of 0.363 during the session. Total volume amounted to 948,214.98 and total turnover reached $339,051.45 over the 24-hour period. The pair remained within a defined range for most of the session, with a brief push above 0.363 in the early morning hours failing to hold.

Structure & Formations

Key support levels were observed around 0.355–0.357, where the pair found buyers multiple times during the session. Resistance emerged at 0.36, with a brief attempt to break above 0.363 in the early morning hours failing to sustain. A few bearish engulfing patterns were noted around 0.357–0.358 during the late evening, suggesting continued bearish pressure. A doji formed at 0.359 around 02:00 AM, hinting at a potential short-term reversal.

Momentum and Volatility Indicators

The RSI moved into oversold territory in the early part of the session but failed to produce a strong rebound, indicating mixed conviction. MACD showed a slight bearish crossover in the early morning, reinforcing the idea that the bearish bias remains intact. Bollinger Bands showed moderate expansion during the session, with price fluctuating within the bands and spending most of the time near the midline, indicating a lack of strong directional momentum.

Volume and Turnover Trends

Volume spiked during the 23:30–03:30 ET timeframe, with the most notable activity occurring at 03:15 ET and 05:30 ET, when large volumes coincided with price moves toward 0.362 and 0.358, respectively. Notional turnover also spiked during these times, confirming the price action and signaling increased interest from larger participants.

Key Fibonacci Retracements

Fibonacci retracements drawn from the 0.353 to 0.362 swing showed the 61.8% level at 0.358, which coincided with a key support zone that held during the session. The 38.2% retracement at 0.36 was tested multiple times and acted as a minor resistance. On the daily chart, the 200-day moving average remains a critical level to watch, currently at 0.363, which could act as a psychological ceiling in the near term.

Backtest Hypothesis

The backtest strategy described involves entering long positions on FLOWUSDT when price breaks above the 20-period EMA on the 15-minute chart, with a stop-loss placed below the previous candle’s low. During the 24-hour period, this condition was triggered twice—once at 03:30 ET and again at 05:45 ET—both leading to short-lived rallies before consolidating. A short entry rule (entering on a close below the 50-period EMA) was activated at 04:00 ET, aligning with a bearish engulfing pattern and a bearish MACD crossover. While the strategy captured a few key movements, its overall effectiveness appears limited during periods of low volatility and indecisive price action, suggesting the need for additional filters or volatility indicators to improve signal reliability.

Forward-Looking View and Risk Consideration

In the next 24 hours, FLOWUSDT may test 0.362 again, with a potential breakout or reversal depending on volume and turnover confirmation. If the 0.36 level fails to hold, a retest of 0.357 could follow, with the 0.355–0.354 zone offering a possible floor. Investors should remain cautious of low conviction moves and avoid overleveraging, as the market appears to be in a state of consolidation.