Market Overview for Measurable Data Token/Tether (MDTUSDT) – 2025-10-11

• Price declined sharply from 0.02058 to 0.01781, with a notable selloff in the 18:30–22:00 ET window.
• Volume surged to 5.2 million on the daily chart as the price collapsed to 0.0158, indicating a major bearish reversal.
• RSI fell below 30 and remains oversold, suggesting potential for a bounce or consolidation.
• Price is now consolidating near 0.0178, below the 50-period moving average and key Fibonacci levels.
• Volatility expanded during the selloff but has since contracted, signaling a pause in momentum.

Measurable Data Token/Tether (MDTUSDT) opened at 0.02048 on 2025-10-10 at 12:00 ET, reached a high of 0.02058, a low of 0.0158, and closed at 0.01781 on 2025-10-11 at 12:00 ET. Total 24-hour trading volume was 65.2 million, and notional turnover exceeded $10.3 million, reflecting elevated bearish pressure.

Structure & Formations

The price of MDTUSDT experienced a sharp bearish breakdown starting from 18:30 ET, when a candle with a long lower wick and bearish close indicated rejection of higher levels. A large red candle at 21:15 ET closed at 0.01856, but further selling led to a deep retracement to 0.0158 by 21:30 ET. This candlestick confirmed a breakdown in sentiment. A doji formed at 23:30 ET, followed by a bullish recovery attempt but failed to reclaim key resistance at 0.01833. Key support levels now appear at 0.0175 and 0.0165, while resistance is likely at 0.01828 and 0.0186.

Moving Averages and MACD/RSI

On the 15-minute chart, the 20-period and 50-period moving averages are both below the current price, confirming a bearish bias. The 50-period MA is at 0.0179, acting as a potential dynamic resistance. On the daily chart, the 50, 100, and 200-period moving averages have diverged significantly, with the 50 MA at 0.0184 and the 200 MA at 0.0193, reinforcing the downtrend. The MACD crossed into negative territory at 21:30 ET, and the histogram remains bearish. RSI has fallen below 30 and is in overbought territory, indicating a potential bounce or consolidation phase may follow.

Bollinger Bands and Fibonacci Retracements

Bollinger Bands showed significant expansion during the sell-off, with the price hitting the lower band at 0.0158 and bouncing slightly back toward 0.0178. The band width has since narrowed, suggesting a temporary pause in volatility. Fibonacci retracements of the recent 0.0158–0.02058 swing show 61.8% at 0.0181 and 78.6% at 0.0165. Price is currently at 38.2% retracement at 0.0187, which could act as a key level for potential reversal.

Volume and Turnover

Volume spiked to over 5.2 million during the breakdown phase between 18:30 and 21:30 ET, confirming the bearish move. Notional turnover increased alongside price drops, with the largest volume spike occurring at 21:30 ET. However, volume has since declined, and price is consolidating without a strong follow-through, suggesting caution or indecision in the market. The divergence between volume and price action during the 0.0178–0.01833 range indicates potential for a reversal.

Forward Outlook and Risk

MDTUSDT appears to be in a consolidation phase after a sharp sell-off, with oversold RSI and a doji indicating possible short-term support. A rebound to 0.0182–0.0184 could occur, but a break below 0.0175 would reinforce bearish momentum. Traders should watch for volume confirmation and key Fibonacci levels for directional bias.

Backtest Hypothesis

Given the sharp bearish breakdown and oversold RSI, a potential short-term reversal strategy could be based on a bounce off the 0.0175 support level with a bullish candlestick pattern, such as a hammer or inverse doji. A long entry would be triggered on a close above 0.0178 with confirmation by volume increase and a RSI rebound above 40. Stop-loss would be placed below the next Fibonacci level at 0.0173, and take-profit at 0.0183 and 0.0188. This approach leverages the recent volatility contraction and overbought RSI as a potential signal for a short-term bounce, aligning with the observed candlestick structure and indicator conditions.