Market Overview for Fusionist/Tether (ACEUSDT) on 2025-09-26

• Fusionist/Tether (ACEUSDT) closed below the 24-hour high, with bearish momentum observed in afternoon trading.
• Key support appears to be consolidating near 0.446–0.447 as price retested this level multiple times.
• Volatility decreased in late hours, with a sharp drop in turnover observed after 19:00 ET.
• RSI and MACD signal bearish divergence, suggesting potential for further downward correction in the short term.
• 15-minute Bollinger Bands show a tightening pattern before the 23:45 ET candle, indicating a potential breakout ahead.

Fusionist/Tether (ACEUSDT) opened at 0.468 at 12:00 ET-1 and reached a high of 0.471 before closing at 0.45 at 12:00 ET. The 24-hour range was 0.456 to 0.471. Total volume amounted to 1,109,709.5 and total turnover was 502,448.2, showing moderate but consistent trading activity.

Structure & Formations

Over the past 24 hours, ACEUSDT displayed a bearish bias with a distinct breakdown from the 0.463–0.471 range. Notable formations include a bearish engulfing pattern at 16:30 ET and a doji near 0.453, suggesting indecision. The 0.446–0.447 level acted as a strong support zone, being tested and rejected five times, indicating a potential pivot for the next 24-hour window.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA crossed below price in the late hours, reinforcing the bearish momentum. Daily data showed the 50DMA and 200DMA also trending below, with the price currently consolidating below both, suggesting a continuation of the downward trend could follow.

MACD & RSI

The MACD turned negative in the late hours, with a bearish crossover and declining histogram, pointing to waning bullish momentum. RSI remained below 50 for most of the session, hitting a 24-hour low of 42.3 at 22:45 ET. This suggests the market remains in a bearish phase, with oversold conditions yet to trigger a significant bounce.

Bollinger Bands

Bollinger Bands displayed a contraction phase between 23:00 ET and 00:15 ET, indicating a potential consolidation before a breakout. Price remained within the lower band for much of the session, reinforcing the bearish sentiment and suggesting a test of the lower band could continue into the next 24-hour window.

Volume & Turnover

Volume was highest during the early morning hours (00:00–02:00 ET), with a peak of 84,175.4 at 23:45 ET. Turnover mirrored this, but divergences became apparent after 03:00 ET, where volume continued to rise but price failed to break below 0.446–0.447. This divergence suggests short-term bearish exhaustion, potentially setting up a countertrend rally.

Fibonacci Retracements

Fibonacci retracements from the 0.446–0.471 swing identified the 0.456–0.461 level as a key area of potential resistance. Price bounced off the 0.618 level at 0.456 twice, with the 0.447 level showing repeated support, suggesting these areas are likely to be tested again in the near term.

Backtest Hypothesis

The proposed backtesting strategy involves entering a short position on ACEUSDT when price closes below the 20SMA on the 15-minute chart and RSI drops below 45, with a stop-loss placed just above the nearest Fibonacci resistance level. The target is a 3–4% move to the next support level. This aligns with today’s price behavior, where the conditions were met after 19:00 ET, with confirmation on the 23:45 ET candle. The divergence in volume and RSI, along with bearish engulfing patterns, suggest this strategy could offer a favorable risk-reward profile if the downward trend persists.