Market Overview for Lista DAO/Tether (LISTAUSDT): 2025-09-24

• Price action showed a broad range, declining from 0.3345 to 0.313, with no clear directional bias.
• Volatility spiked after 16:00 ET, but turnover failed to confirm strength, suggesting indecision.
• A bearish engulfing pattern formed near 0.3295, hinting at potential short-term resistance.
• RSI entered oversold territory near 0.313, indicating possible buying interest at lower levels.
• Volume spiked during a sharp dip to 0.3, but price failed to hold above 0.31, signaling weak conviction.

Lista DAO/Tether (LISTAUSDT) opened at 0.3215 on 2025-09-23 at 12:00 ET and reached a high of 0.3345 before closing at 0.3235 on 2025-09-24 at the same time. The 24-hour trading session saw a low of 0.313, with a total trading volume of 18,745,542.5 and a turnover of 5,900,211.7 USDT.

Structure & Formations

The price profile for LISTAUSDT over the past 24 hours displayed a broad range and mixed directional signals. Key support levels emerged at 0.313 and 0.3067, with the former holding on three separate occasions and the latter acting as a minor floor after a sharp decline. Resistance levels formed at 0.3295 and 0.3261, where the price struggled to maintain momentum and often reversed. A bearish engulfing pattern was observed at 0.3295, indicating potential bearish bias. A doji at 0.3163 near the 24-hour low suggests indecision and possible short-covering. A bullish morning star pattern formed at 0.313 around 02:30 ET, hinting at possible buying pressure ahead.

Moving Averages and Bollinger Bands

The 20-period and 50-period moving averages on the 15-minute chart remained closely aligned, with the price oscillating between the two and showing no clear trend. The 50-period MA was positioned slightly above the 20-period MA, suggesting a potential pullback scenario. On the daily chart, the 50-period MA crossed below the 100-period MA, indicating a bearish bias over the medium term. Bollinger Bands displayed a significant expansion after 02:30 ET and again at 16:00 ET, consistent with increased volatility. During these periods, the price traded near the lower band before bouncing off it, showing resilience despite the downward pressure.

MACD and RSI

The MACD on the 15-minute chart crossed below the signal line during the early morning session and remained in bearish territory until late morning, reflecting weak momentum. A histogram dip suggested a possible exhaustion in the downward move. The RSI dropped below 30 at 0.313 and remained in oversold territory for several hours, suggesting potential for a bounce. However, the lack of a strong RSI rebound suggests that buyers may be hesitant to step in at lower levels. The RSI's failure to follow through on the morning star formation implies that the rally may lack conviction.

Volume and Turnover

Volume spiked during the sharp decline to 0.313 and again during the rally attempt at 0.3135, but turnover failed to confirm these moves. This divergence suggests that the price movements lacked strong conviction from large participants. The largest volume spike occurred at 0.3092, but the price closed near the session low, indicating bearish absorption. Overall, the volume profile showed a pattern of buyers stepping in during short-term bounces but failing to sustain upward momentum.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from 0.3345 to 0.313, key levels include 38.2% at 0.3234 and 61.8% at 0.3183. The price bounced off the 61.8% level multiple times, suggesting it acted as a minor support. On the daily chart, Fibonacci levels from the higher high of 0.3345 to the low of 0.3067 also showed the 0.3215 level as a potential pivot point. These levels could determine near-term price direction.

Backtest Hypothesis

The backtesting strategy aims to identify key breakout and reversal patterns in conjunction with volume and momentum signals. A potential trade setup involves entering long after a bullish engulfing or morning star pattern forms near key Fibonacci levels, provided the RSI is in oversold territory and volume is increasing. A stop-loss can be placed below the most recent support level, with a target at the nearest resistance or 61.8% retracement. Shorting opportunities emerge when bearish patterns like the engulfing or shooting star form at resistance levels with weakening momentum and divergent volume.