Market Overview for Lista DAO/Tether USDt (LISTAUSDT) – 2025-09-06

• Price action showed a bearish drift from 0.2463 to 0.2392 before rebounding to 0.2413.
• Key resistance at 0.243–0.2445 and support at 0.2405–0.2415 tested multiple times.
• High volatility between 18:45–20:30 ET led to sharp swings of up to 0.2454–0.2443.
• Volume surged in the early hours (00:45–01:30) with strong accumulation at 0.248.
• RSI and MACD indicated overbought conditions at peak and oversold at 0.2392.

Price & Volume Snapshot

Lista DAO/Tether USDt (LISTAUSDT) opened at 0.2429 on 2025-09-05 at 12:00 ET and traded as high as 0.2481 before closing at 0.2413 at 12:00 ET on 2025-09-06. The 24-hour price range was 0.2391–0.2481. Total volume amounted to 1,749,833.3 and total turnover (notional value) was approximately $438,691.16. The market displayed choppy action with key resistance at 0.243–0.2445 and support at 0.2405–0.2415.

Structure & Formations

The candlestick structure displayed a bearish bias during the overnight session as price broke below the 0.2435 support, forming a bearish engulfing pattern at 0.2443–0.2411. A potential bullish reversal was observed around 0.2392 as price bounced back with a bullish harami pattern at 0.2395–0.2396. Notable resistance levels include 0.243 (tested 6 times), 0.2445 (tested 4 times), and 0.2465 (tested 3 times). Key support is found at 0.2411 (tested 3 times) and 0.2395 (tested 4 times).

Moving Averages & Bollinger Bands

Short-term momentum, as measured by 15-minute 20-period and 50-period moving averages, indicated bearish divergence between 02:45–05:45 ET, with the 20-period line below the 50-period line. On the daily chart, 50- and 100-period MAs were in a bullish configuration. Volatility increased significantly between 00:45–01:30 ET and 21:30–22:30 ET, with price frequently sitting near or just below the upper Bollinger Band. A contraction in the band width was noted during the early morning hours, suggesting a potential breakout.

MACD & RSI

Momentum, as measured by MACD, showed strong positive divergence in the early hours (00:45–01:30) and bearish convergence in the morning (05:30–08:15). RSI hit overbought territory (70+) at 0.2481 and oversold territory (30–) at 0.2392, indicating potential for short-term reversal. Price and RSI showed slight divergence at 0.2411–0.2421, suggesting the need for caution in interpreting overbought/oversold signals.

Volume & Turnover Divergences

Volume and turnover were elevated between 00:45–01:30 ET with a large candle forming at 0.2475–0.247. This was followed by a decline in volume while price continued to fall, indicating weak conviction in the bearish move. A similar divergence was observed around 08:15–10:15 ET, as price drifted lower while volume remained below average. This could signal a potential bottoming pattern or at least a temporary consolidation phase.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 0.2391–0.2481 move, the 38.2% level at 0.2444 was tested twice with mixed results. The 61.8% level at 0.2425 provided strong resistance early in the session before breaking and acting as support later. A bearish retracement scenario appears likely in the short term, with the 0.2415–0.2425 range offering potential for further consolidation or reversal.

Backtest Hypothesis

The technical setup suggests testing a mean-reversion strategy based on RSI divergence and moving average crossovers in the 15-minute timeframe. A long signal could be triggered when RSI falls below 30 and price closes above the 20-period MA, while a short signal could follow a RSI above 70 and price below the 20-period MA. Stop-loss levels at key support/resistance (e.g., 0.2405 and 0.2443) would help manage risk. Given the recent volatility and divergences, this strategy could be backtested for its effectiveness in capturing short-term swings.