Market Overview for MyNeighborAlice/Tether (ALICEUSDT): 2025-09-14

• MyNeighborAlice/Tether (ALICEUSDT) fell 4.5% over 24 hours, closing near 0.385, amid declining momentum.
• Key support was tested at 0.380-0.382, with volume increasing as price declined, signaling possible bearish confirmation.
• RSI entered oversold territory below 30, suggesting potential for a short-term bounce or consolidation.
• Bollinger Bands widened during early morning hours, reflecting heightened volatility as bears took control.
• Fibonacci 61.8% levels at 0.387 provided limited resistance, indicating bears remain in control for now.

MyNeighborAlice/Tether (ALICEUSDT) opened at 0.4000 on 2025-09-13 at 12:00 ET and closed at 0.385 at 12:00 ET on 2025-09-14. The pair reached a high of 0.4146 and a low of 0.3762 over the period. Total volume amounted to approximately 4,415,982.19, while notional turnover totaled $1,738,335.70.

Structure & Formations

The candlestick structure revealed several bearish signals throughout the day, including a hanging man near 0.4146 and a bearish engulfing pattern from 0.4045 to 0.3990. A key support zone emerged near 0.380-0.382, where price found buying interest in the early morning hours. No clear reversal patterns have yet formed, but a bullish hammer or morning star at 0.380 could signal a short-term bounce. A strong break below 0.376 would trigger further concern.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA both fell below the 50EMA during the decline, confirming bearish momentum. On the daily chart, the 50DMA crossed below the 200DMA, forming a death cross, which has historically been a bearish signal.

MACD & RSI

The MACD remained negative throughout, with the histogram shrinking slightly in the early morning hours, suggesting a potential slowdown in bearish momentum. RSI entered oversold territory (<30) in the last few hours of the 24-hour period, indicating a potential short-term rebound from the 0.380 level. However, RSI divergence has not yet confirmed a strong reversal.

Bollinger Bands

Bollinger Bands expanded significantly during the overnight session, reflecting heightened volatility as sellers took control. Price spent most of the day below the lower band, suggesting bearish dominance. A rebound above the 0.386-0.388 range could indicate a temporary consolidation phase.

Volume & Turnover

Volume increased sharply during the decline, especially after 22:00 ET, as price moved below 0.400. Turnover also spiked in that window, indicating strong selling pressure. A divergence between rising volume and falling price suggests strong bearish conviction. A reversal would need to be confirmed by a volume spike on a bullish close near 0.380.

Fibonacci Retracements

Fibonacci levels from the recent swing high (0.4146) to the swing low (0.3762) showed resistance at 61.8% (0.387) and 38.2% (0.396). Price has struggled to break the 0.387 level, suggesting bears may continue to dominate the near-term trend. A sustained move above 0.396 would suggest a potential retest of 0.400.

Backtest Hypothesis

A potential backtesting strategy could focus on short-term bounces from the 0.380-0.382 support level using a long-biased breakout strategy. Triggers might include a bullish engulfing pattern at that level combined with RSI rising above 30 and volume increasing. Exit conditions could be a 5% target or a stop-loss at 0.376. This strategy would align with the current bearish trend but look to exploit potential overextended short-term corrections.