Market Overview for Hyperlane/Tether (HYPERUSDT): October 10, 2025

• Hyperlane/Tether (HYPERUSDT) traded in a 24-hour range of $0.2442–$0.2678 with a closing retracement to $0.2447 after a sharp bearish reversal.
• Strong divergence appeared between price and volume in the final 15-minute candle, indicating potential exhaustion of the downward move.
• Key Fibonacci levels at $0.2523 (61.8%) and $0.2455 (low) acted as temporary support zones during the decline.
• RSI reached oversold territory (<30), suggesting a potential short-term bounce may be due. • Bollinger Bands showed a recent expansion, signaling increased volatility and potential trend continuation or reversal.

At 12:00 ET–1, HYPERUSDT opened at $0.2546 and traded as high as $0.2678 before closing at $0.2447 at 12:00 ET. The 24-hour period saw total trading volume of **7.92M** units with **$2.14M** in notional turnover. Price action displayed a sharp bearish correction from recent highs, with key support and resistance levels becoming active as price retested previous swing zones.

Structure & Formations

The 24-hour candlestick pattern reveals a strong bearish reversal, with a long upper shadow and a closing near the session low. Notable resistance emerged at $0.2546 and $0.2609, while support levels at $0.2523 (61.8% Fibonacci) and $0.2455 (session low) were tested multiple times. A potential gravestone doji formed near the $0.2509 level, suggesting waning bearish momentum. The 15-minute chart showed several bullish engulfing patterns near the 61.8% Fibonacci retracement level, indicating potential counter-trend buying interest.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in steep bearish alignment for most of the session but showed a potential golden cross near the close at the $0.2455 level. Daily moving averages (50/100/200) remained bearishly aligned, with the price closing below all three, suggesting a continued bearish bias. However, the narrowing gap between the 20-period and 50-period SMA may indicate a slowing in the bearish momentum.

MACD & RSI

The MACD line crossed below the signal line early in the session, confirming bearish momentum, while the histogram showed a rapid expansion during the selloff. RSI dipped into oversold territory (<30) near the close, signaling potential for a near-term bounce. However, the divergence between the RSI and price during the final decline suggests caution, as overbought conditions may not always precede a reversal in fast-moving markets.

Bollinger Bands

Bollinger Bands expanded significantly during the sharp selloff, with price closing near the lower band at $0.2447. The widening of the bands suggests increased volatility, and the price may attempt to consolidate between $0.2442 and $0.2490 in the near term. A breakout above the upper band would require strong follow-through buying, while a continuation below the current lower band could indicate further bearish pressure.

Volume & Turnover

Volume spiked during the sharp selloff between 15:30 ET and 16:00 ET, with a massive 2.03M volume candle pushing the price down to $0.2509. Turnover spiked from $0.6M to over $0.8M in that period, indicating strong participation. However, the final 15-minute candle showed a volume contraction and a large price drop to $0.2447, signaling potential exhaustion. The divergence between volume and price movement here raises questions about the sustainability of the current bearish move.

Fibonacci Retracements

Recent 15-minute retracements showed key levels at $0.2523 (61.8%), $0.2556 (38.2%), and $0.2609 (high) acting as strong resistance and support. On a daily basis, the 61.8% retracement level is at $0.2455, which was briefly tested at the close. A break below this level could target the next support at $0.2400, while a retest of $0.2490 could signal a potential short-term bounce.

Backtest Hypothesis

A potential backtest strategy could involve entering long positions when HYPERUSDT closes above the 61.8% Fibonacci level ($0.2455) with confirmation from the 20-period SMA crossing above the 50-period SMA on the 15-minute chart. A stop-loss could be placed below the 38.2% retracement level at $0.2490, while a profit target might be set at $0.2535, the next key resistance. This strategy would aim to capitalize on a potential short-term bounce from oversold conditions, leveraging both price action and moving average alignment for entry and exit signals.