Market Overview for Fusionist/Tether USDt (ACEUSDT)

• ACEUSDT surged 53.9% on elevated volume, breaking key resistance levels.
• Volatility expanded with a high-low range of 0.329, peaking at 0.864 before consolidating.
• RSI signaled overbought conditions briefly, but momentum decayed after 20:00 ET.
• A massive 4.26M volume candle at 07:00 ET confirmed a bullish breakout above 0.763.
• Final close at 0.667 suggests consolidation, with key support now at 0.65–0.68.

Fusionist/Tether USDt (ACEUSDT) opened at 0.536 on 2025-09-10 12:00 ET and closed at 0.667 by 2025-09-11 12:00 ET. The pair hit a high of 0.955 and a low of 0.536 during the 24-hour period, marking a significant intraday swing. Total volume amounted to 44,325,095.0, with a notional turnover of approximately $29,644,560 based on average price. The price action reflects a sharp rally driven by a massive volume spike and key resistance breaks.

Structure & Formations

The 24-hour chart displayed a sharp bullish reversal from early support at 0.536 to a high of 0.955, forming a strong ascending triangle breakout at 0.763–0.864. A large bullish engulfing pattern formed at 07:00–07:15 ET, confirming the breakout with over 7.8M volume. A bearish correction followed, with a key 0.8–0.75 consolidation phase. At 09:15–09:30 ET, a 0.809–0.778 pullback showed a 21.1% retracement from 0.809 to 0.667, suggesting potential for further bearish tests of 0.65–0.68.

Moving Averages

On the 15-minute chart, the 20-period MA was above the 50-period MA for much of the day, confirming a strong short-term bullish trend. However, after 10:00 ET, the 50-period MA began to cross above the 20-period MA, indicating early bearish exhaustion. On the daily chart, the 50-period MA crossed above the 100-period MA, supporting a longer-term bullish bias. The 200-period MA remains a critical long-term support level at ~0.54–0.56.

MACD & RSI

The MACD crossed above zero at 07:00 ET, confirming the bullish breakout. It remained positive until ~10:30 ET, when it began to diverge from price and started a bearish crossover. RSI peaked at 85 during the 07:00–08:00 ET rally and dropped to ~55 by midday, signaling overbought exhaustion. A bearish divergence appeared between the 08:30–10:30 ET RSI readings and the lower highs in price, reinforcing bearish momentum in the latter part of the day.

Bollinger Bands

Volatility expanded sharply during the 07:00–08:30 ET breakout, with the upper Bollinger Band reaching 0.955. Price remained above the 2σ upper band for over 2.5 hours before consolidating into the 0.8–0.69 range. After midday, volatility contracted, and price traded within a narrower range inside the bands, suggesting a period of consolidation. The lower band currently sits at ~0.62–0.65, where price has found support multiple times.

Volume & Turnover

Volume surged to over 7.8M at 07:00 ET during the breakout from 0.763–0.864, confirming the bullish momentum. The next highest volume spike occurred at 09:15–09:30 ET, with 1.4M volume and a 0.809–0.778 price drop, suggesting profit-taking. Turnover and price were well-aligned during the early rally but showed a divergence in the late morning, where lower prices coincided with lower turnover. This suggests a possible lack of follow-through in the bearish move.

Fibonacci Retracements

On the 15-minute chart, the 61.8% Fibonacci retracement from 0.864 to 0.745 was tested at 0.694 and 0.667, with price finding support both times. The daily swing high of 0.955 has a 38.2% retracement at 0.710 and 61.8% at 0.525, both of which could become key areas for the next 24 hours. The 0.667 close places ACEUSDT near the 38.2% level, suggesting a possible bounce or continued bearish correction.

Backtest Hypothesis

A backtesting strategy using the 15-minute MACD and RSI with a 20-period MA could be effective in capturing breakout confirmations and divergences. A buy signal is generated when the MACD crosses above zero with RSI above 50 and the 20-period MA is rising. A sell signal is triggered on a bearish MACD crossover with RSI below 50 and the 20-period MA turning downward. Stop-loss placement at the nearest Fibonacci retracement level (e.g., 0.65–0.68) could help manage risk effectively in this volatile market.