Market Overview for Lombard/Tether (BARDUSDT) on 2025-11-11

Summary
• Price closed higher, forming bullish patterns after a volatile session.
• RSI and MACD suggest strong momentum but hint at potential consolidation.
• Volume surged during key price levels, with notable intraday range expansion.

The Lombard/Tether pair (BARDUSDT) opened at $0.7881 at 12:00 ET-1 and closed at $0.8053 by 12:00 ET on 2025-11-11. The 24-hour range reached a high of $0.8163 and a low of $0.7859. Total traded volume amounted to 898,565.0, with a turnover of approximately $719,673. The session featured several bullish candlestick formations and expanding volatility.

Structure & Formations

The 15-minute chart reveals multiple bullish patterns, including a bullish engulfing pattern around 04:45–05:00 ET and a morning star formation near the intraday low. Key support levels appear at $0.7921 and $0.7881, while resistance levels are found at $0.805–0.808 and $0.811–0.813. A bearish doji appeared at 08:45 ET, indicating a potential pause in upward momentum.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both above the price, signaling a bullish bias. The 50-period MA crossed above the 20-period MA during the early morning hours, forming a golden cross. On the daily chart, the 50/100/200-period MAs are aligned in a bullish formation, with the price consistently above all three.

MACD & RSI

The MACD line crossed above the signal line during the overnight hours, confirming a bullish momentum phase. RSI climbed above 60 mid-morning, reaching a peak of 65.5 at 05:15 ET, indicating strong buying pressure. However, RSI has since retreated toward neutral territory, suggesting the pair may consolidate before resuming an upward trend. A reading above 65 could signal overbought conditions.

Bollinger Bands

Volatility expanded significantly in the early hours, with the upper band reaching $0.8163 and the lower band at $0.7985. The price closed near the upper band at 05:15 ET, before retreating toward the middle band. The bands have since contracted, suggesting a period of consolidation. A sustained break above the upper band could indicate renewed bullish momentum.

Volume & Turnover

Volume surged during key price levels, especially around $0.805–0.81, where turnover spiked. A divergence between price and volume was observed at 08:45–09:00 ET, where price fell while volume remained relatively low, hinting at potential buyer fatigue. The most active period was between 04:45–06:00 ET, with a total notional turnover of over $100,000.

Fibonacci Retracements

Fibonacci levels applied to the recent swing high ($0.8163) and low ($0.7985) indicate key retracement levels at 38.2% ($0.8069) and 61.8% ($0.8016). The current close of $0.8053 is just below the 61.8% retracement level, suggesting it could act as a temporary resistance. On the daily chart, the 61.8% level of the previous 24-hour move stands at $0.8045, which was tested and held.

Backtest Hypothesis

To run the back-test I’ll need to know the exact trading-pair ticker used by your data provider or exchange. Could you please confirm the symbol for “Lombard” quoted against Tether (USDT)? Example formats include LMBUSDT or LMB/USDT, depending on the venue. Once confirmed, a robust backtest can be constructed using the observed RSI overbought levels and Bollinger Band breakout signals to test a strategy based on breakout entries and RSI divergences.