Market Overview for Mubarak/Tether (MUBARAKUSDT) – September 25, 2025

• Price dropped from 0.03275 to 0.03073, reflecting bearish dominance on 24-hour 15-minute chart.
• Volatility expanded after 0:00 ET, with a sharp decline and consolidation below key support.
• Turnover surged during the bearish breakdown, confirming distribution below 0.031.
• RSI and MACD indicate oversold conditions, suggesting a potential short-term bounce.
• Bollinger Bands show widening volatility, with price near the lower band in the final hour.

Mubarak/Tether (MUBARAKUSDT) opened at 0.03265 on September 24 at 12:00 ET and closed at 0.03073 by 12:00 ET on September 25. The pair reached a high of 0.03285 and a low of 0.03004, recording a 24-hour volume of 72,472,900.9 and a turnover of approximately $2,285,057. The price trended lower after 24:00 ET, consolidating in a tightening range near 0.03073.

The structure of the 15-minute candlestick pattern over the 24-hour period shows a bearish breakdown from 0.0326 to 0.03073, with a series of engulfing bearish bodies from 21:00 ET onward. A long bearish candle with a small body and a wide lower wick formed at 03:30 ET, indicating rejection at the 0.03138 level. A doji at 03:30 ET and a pinbar at 04:30 ET confirmed exhaustion in the short-term buyers. Key supports at 0.0309 and 0.0306 appear to be tested, while resistance at 0.03175 and 0.0322 have been broken and retested with bearish conviction.

The 20-period and 50-period moving averages on the 15-minute chart remain below price, confirming the bearish bias. The 50-period line at ~0.0310 is now acting as overhead resistance. On the daily chart, the 50-period EMA at ~0.0323 and the 200-period SMA at ~0.0330 are both above price, reinforcing the downtrend. RSI hit oversold territory near 25 in the final hours, while MACD has turned negative and is below the signal line, suggesting momentum remains bearish but may pause for a counter-trend rally.

Bollinger Bands show significant expansion during the bearish leg, with price sitting near the lower band in the final hour, indicating oversold volatility. The 38.2% Fibonacci retracement at ~0.03107 and the 61.8% level at ~0.03095 suggest potential support areas for a short-term bounce. Volume has increased significantly during the breakdown from 0.0326 to 0.03073, with turnover confirming the bearish move. However, recent volume has decreased, hinting at a potential pause in the selloff.

Backtest Hypothesis: The proposed strategy involves a long entry at a 38.2% Fibonacci retracement level (0.03107) with a stop-loss below the 61.8% level (0.03095) and a target at the 50-period moving average (~0.0310). The setup would trigger if RSI crosses above 30 and MACD turns positive. This approach is based on the idea that a rebound from key Fibonacci levels, supported by oversold RSI and a MACD reversal, may indicate a short-term mean reversion opportunity. The backtest would analyze this pattern over multiple bearish corrections on the 15-minute chart to assess win rate and risk-to-reward ratio.

In the next 24 hours, MUBARAKUSDT may test key support levels at 0.0306 and 0.0303, while a rebound above 0.0310 could attract short-term buyers. However, the broader trend remains bearish unless a strong reversal emerges above 0.03175. Investors should watch for volume confirmation and divergence in RSI to gauge the strength of any bounce.