Market Overview for Lista DAO/Tether (LISTAUSDT) – 2025-10-11

• Price fell sharply from 0.3993 to 0.3621 amid strong selling pressure.
• RSI approached oversold territory, suggesting potential short-term bounce.
• Bollinger Bands expanded sharply post-21:00, reflecting heightened volatility.
• Volume spiked near 21:30 to 5.22 million, coinciding with a deep pullback.
• A bullish engulfing pattern emerged around 05:30 as price rebounded.

The LISTAUSDT pair opened at 0.3992 on 2025-10-10 at 12:00 ET and closed at 0.3645 on 2025-10-11 at 12:00 ET. The 24-hour range was 0.3993 to 0.2684, with a final close of 0.3645. Total trading volume was 20.2 million LISTA, and notional turnover reached $7.7 million over the 24-hour period.

Structure & Formations

The candlestick pattern shows a sharp bearish breakdown from 0.3993 to 0.2684 between 21:30 and 00:00, followed by a modest rebound. A key support level emerged near 0.352–0.356, where the price found a floor in late morning. A bullish engulfing candle formed at 05:30, suggesting short-term buying pressure after the deep sell-off. A doji at 01:45 and 04:15 suggests indecision.

Moving Averages and MACD

On the 15-minute chart, the 20-EMA crossed below the 50-EMA, signaling bearish momentum. MACD turned negative and crossed below the zero line, with bearish divergence visible from 00:00 to 05:00. The daily MACD also shows a weak bearish signal, with the slow line trending downward.

RSI and Volatility

RSI dipped into oversold territory below 30 by 01:30, suggesting potential short-term rebound. Bollinger Bands expanded sharply from 21:30 to 00:00, with price hitting the lower band at 0.2684. This indicates high volatility and a potential reversal. By 05:30, RSI recovered to neutral levels, suggesting a possible consolidation phase.

Volume and Turnover Analysis

Volume surged to 5.22 million at 21:30, coinciding with the sharp drop to 0.2684. This is the largest single 15-minute volume spike in the 24-hour window and suggests strong bearish conviction. Turnover also spiked to $1.6 million at that time. A divergence appears between volume and price after 05:00, where volume declined while price rose slightly, hinting at a potential exhaustion of the rebound.

Fibonacci Retracements

Applying Fibonacci to the 0.3993–0.2684 leg, the 0.352–0.356 level corresponds to the 61.8% retracement, where price consolidated between 05:00 and 06:00. The 38.2% level (~0.375) was briefly tested at 09:15 but failed to hold. A break above 0.375 could signal a short-term bullish setup, while a break below 0.352 may extend the downtrend.

Backtest Hypothesis

The observed Fibonacci retracement at 0.352 and the bullish engulfing pattern at 05:30 suggest a potential short-term rebound. A simple backtest strategy might involve a long entry at the close of the bullish engulfing candle (0.3695) with a stop-loss at the low of the pattern (0.3603) and a take-profit at the 38.2% retracement level (0.375). This setup aligns with the RSI’s entry into neutral territory and the MACD showing a potential bottoming signal.