Market Overview for IOTA/Tether (IOTAUSDT) on 2025-09-26

• IOTA/Tether traded between $0.1585 and $0.1656 in 24 hours, ending near key support at $0.1644.
• Momentum dipped into oversold territory but reversed with increasing volume late morning ET.
• Volatility expanded mid-session but contracted into range-bound consolidation by late afternoon.
• Turnover surged during the $0.1605–$0.1645 range, signaling accumulation near Fibonacci 61.8% level.
• A bullish engulfing pattern formed near $0.1633–$0.1645, hinting at possible short-term reversal.

IOTA/Tether (IOTAUSDT) opened at $0.165 on 2025-09-25 12:00 ET, traded between $0.1585 and $0.1656, and closed at $0.1644 as of 2025-09-26 12:00 ET. Total volume amounted to 18.8 million IOTA, and notional turnover reached $3.07 million over the 24-hour period. Price action displayed a mix of bearish and bullish signals, with key levels forming a potential setup for near-term direction.

Structure & Formations

The price carved out a bearish impulse phase in the morning session, dropping from $0.165 to $0.1605 by early afternoon. A significant bullish reversal followed, closing near $0.1644. Key resistance appears at $0.1645–$0.1647, with a bearish engulfing candle forming above it. Support at $0.1632–$0.1635 appears resilient. Notably, a bullish engulfing pattern formed in the $0.1633–$0.1645 range, suggesting potential short-term buyers stepping in. A doji near $0.1618 also hints at indecision around that level.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed over multiple times, with the 50-SMA acting as a dynamic support/resistance. The daily chart shows the 50-period MA at $0.1617 and the 200-period MA at $0.1599, indicating a slight bullish bias in the medium term. The price is currently above both 50 and 200-day MAs, suggesting a possible continuation of the uptrend.

MACD & RSI

The RSI dipped into oversold territory below 30 during the midday selloff but rebounded sharply, reaching ~49 by the close. This suggests a recovery in buying pressure. The MACD line crossed above the signal line in the early evening, confirming a short-term bullish momentum shift. The histogram expanded during the bullish reversal phase, indicating growing conviction among buyers.

Bollinger Bands

Volatility expanded significantly between 17:00 and 20:00 ET, with the upper and lower bands widening. The price traded near the lower band during the selloff but quickly moved into the upper half of the band as buying pressure emerged. The narrowing of the bands in the late afternoon indicates consolidation ahead of the next directional move.

Volume & Turnover

Volume spiked during the sharp pullback to $0.1605, with a 24-hour high of 505,502 IOTA traded in the candle ending at $0.1618. Turnover increased proportionally, with the largest notional turnover occurring in the $0.1605–$0.1637 range. A divergence between volume and price is visible during the consolidation phase in the early morning, suggesting a potential reversal setup.

Fibonacci Retracements

Applying Fibonacci to the $0.1605–$0.1656 swing, the 61.8% level aligns with $0.1633, which the price respected as a support. The 38.2% level is at $0.1644, where the price closed. On the daily chart, the 61.8% retracement of the previous 5-day move aligns with $0.1615–$0.1620, suggesting further support if the current consolidation breaks down.

Backtest Hypothesis

A potential backtesting strategy could involve entering long near $0.1633 on a bullish breakout with a stop below $0.1620. If the MACD confirms the breakout and RSI remains above 40, a target at $0.1650–$0.1655 may be justified. A trailing stop near the 50-period SMA could help manage risk while capitalizing on momentum. This setup leverages Fibonacci support, volume confirmation, and momentum indicators for a structured trade entry.