Market Overview: FUNToken/Tether (FUNUSDT) on 2025-09-26

• FUNToken/Tether (FUNUSDT) posted a 24-hour low of $0.008862 before recovering to close at $0.008989, showing consolidation.
• Volume surged to over 13M FUN in early morning ET, but failed to push price past prior highs.
• Momentum indicators suggest moderate bullish bias, but price remains within a descending Bollinger Band.
• RSI showed a slight oversold rebound, while MACD hinted at possible bullish divergence.
• Key resistance appears at $0.009072–$0.009101, with support near $0.008953–$0.008938.

FUNToken/Tether (FUNUSDT) opened at $0.009310 on 2025-09-25 12:00 ET and reached a high of $0.009338 before falling to a low of $0.008862 during the 24-hour period. The pair closed at $0.008989 on 2025-09-26 12:00 ET, posting a mixed performance amid heavy volume activity. Total volume reached 191.5 million FUN, with notional turnover estimated at over $1.72 million, reflecting strong participation in late-night and early-morning US trading sessions.

Structure & Formations

The 15-minute chart revealed a distinct bearish-to-bullish reversal pattern beginning around 19:00 ET, as a sharp decline to $0.008862 was followed by a steady rebound. A potential bullish engulfing pattern formed at $0.008862–$0.008904, suggesting short-term buyers stepped in. The price appears to be consolidating within a descending channel, with key resistance at $0.009072–$0.009101 and support near $0.008953–$0.008938. A doji pattern emerged at $0.008984–$0.009072, signaling indecision at the upper end of the consolidation range.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages have converged, suggesting a possible inflection point in the short-term trend. Price has been trading slightly above both, indicating a mild bullish tilt. On the daily chart, the 50-period MA appears to be catching up to the 200-period MA, hinting at a potential bullish crossover scenario if the recent recovery continues into the next 24-hour window.

MACD & RSI

The MACD line has crossed above the signal line in the last 2–3 candles, signaling a potential short-term bullish momentum reversal. The histogram has been expanding slightly, indicating growing bullish conviction. Meanwhile, the RSI has moved out of oversold territory and is currently in neutral-to-mildly bullish territory (55–60), suggesting a potential rebound may be confirmed if price breaks above $0.009072.

Bollinger Bands

Price has remained within the Bollinger Band range for most of the 24-hour period but has recently started to widen the lower band slightly, indicating a mild increase in volatility. The upper band has acted as a key resistance zone, with the price failing to close above it during several attempts. The middle band is currently at $0.009000, and the price hovering slightly above it suggests a potential equilibrium between bullish and bearish forces.

Volume & Turnover

Volume spiked significantly in the early morning hours (ET), with a peak of 13.5 million FUN at 00:15 ET, but did not translate into a strong price breakout. This suggests possible profit-taking or short-term trading activity. The notional turnover was proportionally aligned with the volume, indicating no extreme divergence. However, volume has been tapering off in the last 6 hours, suggesting a period of consolidation.

Fibonacci Retracements

On the 15-minute chart, the recent swing low at $0.008862 and swing high at $0.009181 form a key Fibonacci structure. Price has been consolidating near the 38.2% retracement level at $0.008998, which is now acting as a short-term support. The 61.8% level is at $0.009130, currently a potential resistance. If the trend reverses sharply, a 61.8% retracement below $0.008862 would be at $0.008781, but this appears unlikely in the short term.

Backtest Hypothesis

Given the observed patterns and indicators, a potential backtesting strategy could focus on a bullish breakout strategy targeting a breakout above the $0.009072 resistance level. A long entry could be triggered on a close above $0.009072 with a stop-loss placed just below the 61.8% retracement level at $0.008998. The target could be set at $0.009101, a psychological level that aligns with the 50-period moving average. This setup is supported by the MACD crossover, RSI neutrality, and the recent volume pattern, making it a potentially viable short-term trade idea.