Market Overview for Fusionist/Tether (ACEUSDT) – 2025-09-18

• Price surged from $0.581 to $0.621, forming a bullish 9.7% move over 24 hours.
• Bullish momentum accelerated between 19:15–22:45 ET with volume spiking to 33k–57k ACE.
• RSI reached 62, suggesting strong upward bias but not yet overbought.
• Bollinger Band contraction noted in early morning, followed by re-expansion and break above the upper band.
• Volume and price aligned through most of the day, signaling confirmed bullish conviction.

Fusionist/Tether (ACEUSDT) opened at $0.581 on 2025-09-17 at 12:00 ET, reached a high of $0.621, and closed the 24-hour cycle at $0.603 on 2025-09-18 at 12:00 ET. Total volume amounted to 947,359 ACE, with a notional turnover of $566,763, indicating strong participation and a sustained bullish narrative.

On the 15-minute chart, price formed a bullish engulfing pattern around 19:15–19:30 ET, confirming a reversal from consolidation. A higher high was followed by higher lows, suggesting buyers remained aggressive. The 20- and 50-period SMAs were crossed decisively in the late afternoon, supporting a bullish bias. A bullish flag pattern emerged during the 19:00–20:45 ET window, indicating continuation of the upward trend after a brief consolidation phase.

Momentum was reinforced by the MACD histogram, which turned positive at the end of the afternoon and remained above the signal line. RSI reached 62 during the peak rally, showing strong upward momentum, though it still avoided overbought territory. The Bollinger Bands contracted overnight before the breakout, suggesting a period of low volatility ended as the market made a decisive move higher.

Volume and price moved in strong alignment, with the most significant volume spikes occurring during the 19:15–22:45 ET rally window. This alignment suggests conviction rather than speculative or manipulative behavior. Fibonacci retracement levels were tested around 0.611 (61.8%) and 0.604 (38.2%), with the price holding above key support levels and confirming the strength of the rally.

The backtest hypothesis is built on the technical signals observed in this 24-hour period. A trend-following strategy could be tested using the 20/50 EMA crossover and a MACD bullish signal to enter long positions. Stops could be placed below key support levels identified in the Fibonacci analysis (e.g., 0.595–0.590). A trailing stop could be implemented once price breaks above the 61.8% retracement level. This strategy may be enhanced by incorporating Bollinger Band breakouts and volume confirmation to filter for high-probability entries.