Market Overview: Measurable Data Token/Tether USDt (MDTUSDT) – 2025-09-05 24-Hour Analysis

• MDTUSDT surged 1.35% in 24 hours, reaching a high of $0.025 amid increased volume and bullish momentum.
• Price formed key bullish patterns on 15-minute charts, with strong volume confirming the upward trend.
• RSI crossed into overbought territory, while MACD remained positive, suggesting strong short-term bullish bias.
• Volatility expanded near 15:00 ET, with price testing and rebounding from a key support level of $0.02405.
• A sharp 1-hour rally beginning at 07:15 ET pushed MDTUSDT to a new daily high, driven by a large volume spike.

Measurable Data Token/Tether USDt (MDTUSDT) opened at $0.02388 on 2025-09-04 12:00 ET, reached a high of $0.025, touched a low of $0.02374, and closed at $0.02474 as of 2025-09-05 12:00 ET. The 24-hour notional volume totaled ~$11,082,717 with a turnover of 9,597,331 MDT.

Structure & Formations

The 15-minute chart displayed a bullish continuation pattern with a strong break above the descending trendline that had bound price between $0.02385 and $0.02405. A key bullish engulfing pattern formed at $0.02405 during the 19:00–19:15 ET period, which coincided with a large volume spike. Later, at 07:15 ET, a bullish breakout pattern confirmed a strong upward thrust, pushing the price to the session high of $0.025. The low of $0.02374 acted as a strong support level, bouncing the price back multiple times.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA early in the session, forming a golden cross. This confirmed a short-term bullish trend. The 50-period MA continued to act as dynamic support, with price frequently rebounding off it. On the daily chart, price remained above all major MAs (50, 100, 200), indicating a healthy uptrend in the broader context.

MACD & RSI

The MACD turned sharply higher around 07:15 ET, coinciding with the breakout move to $0.025. RSI pushed into overbought territory (above 70) at the end of the session, signaling potential for a pullback or consolidation. However, the strength of the MACD and the continued volume support suggest the uptrend may hold.

Backtest Hypothesis

A potential strategy could involve entering long positions on a golden cross of the 20/50 MA on the 15-minute chart, with a stop-loss placed below the most recent 15-minute low and a take-profit at 1.618 Fibonacci extension of the current bullish swing. Given the recent momentum and confirmation by MACD, this approach could be effective during strong trend continuation phases, but traders should remain cautious of overbought RSI readings and potential bearish divergences in volume.

Bollinger Bands

Bollinger Bands showed a volatility expansion in the last 3–4 hours of the session, particularly during the 11:15–12:00 ET period, as price surged to the upper band and then pulled back to trade within the bands. The upper band reached $0.02485 at the peak of the surge. Price remained within the bands for most of the session, indicating controlled bullish momentum without excessive volatility.

Volume & Turnover

Volume spiked sharply during the breakout at 07:15 ET, with over 4.7 million MDT traded in a single 15-minute interval. This was the largest volume event of the session and aligned with a 7% price increase to $0.025. Turnover also surged in line with the price move, confirming the strength of the bullish bias. Divergences between price and volume were minimal, suggesting the rally is backed by solid buying interest.

Fibonacci Retracements

Applying Fibonacci retracement levels to the key bullish swing from $0.02374 to $0.025, the 38.2% level is at $0.02429 and the 61.8% level is at $0.02471. Price tested and held above the 61.8% level before closing near it, suggesting it could become a key support in the next 24–48 hours.

Looking ahead, MDTUSDT appears to maintain a strong short-term bullish trend, supported by rising volume and a confirmed breakout. However, a test of the $0.0245–0.02474 range could trigger a correction or consolidation phase. Traders should watch for bearish divergence in the RSI or a break below the 61.8% Fibonacci level for early signs of potential weakness. Volatility remains elevated, so risk management is essential.