Market Overview for Neo/Tether (NEOUSDT) – 24-Hour Analysis – 2025-10-13

• Price surged 5.409 from 4.94, driven by strong bullish momentum after 06:45 ET.
• RSI reached overbought levels (75+), suggesting potential short-term correction.
• Volatility expanded through Bollinger Bands, with price testing upper bands in final hours.
• High-volume bullish breakouts emerged in final 4 hours, confirming strength above 5.20.
• Key resistance now at 5.437; support at 5.117 and 5.012, with potential for pullback.

15-Minute Open, High, Low, and Close with Volume & Turnover

At 12:00 ET – 1 on October 12, 2025, Neo/Tether (NEOUSDT) opened at 4.94, reached an intraday high of 5.452, and closed at 5.409 as of 12:00 ET on October 13, 2025. The total volume over the 24-hour period was 625,923.69, with a notional turnover of 3,338,073.14 USD. The 24-hour low was 4.926, and the pair displayed strong bullish bias in the final 4 hours of the period.

Structure & Formations

The 15-minute chart revealed a powerful bullish reversal, with price surging from a consolidation base below 5.10. A breakout occurred after 06:45 ET, followed by a series of higher highs and higher lows. A notable Bullish Engulfing pattern appeared at 07:30 ET, confirming the resumption of upward momentum. The price also formed a Bullish Flag pattern between 5.20 and 5.30, with a measured move target near 5.409 confirmed. Key resistance levels were observed at 5.437 (2025-10-13 high) and 5.477, while support levels were noted at 5.342, 5.261, and 5.117.

Moving Averages

On the 15-minute chart, the 20-period (20SMA) crossed above the 50-period (50SMA) in a Golden Cross formation around 06:30 ET, confirming bullish momentum. The daily chart showed the 50-day (50DMA) at 5.23, with price trading significantly above it, indicating a bullish trend. The 100DMA and 200DMA were at 5.12 and 5.05, respectively, further reinforcing the upward tilt.

MACD & RSI

The MACD (12, 26, 9) showed a strong bullish divergence in the final 4 hours, with the histogram expanding and the signal line crossing below the MACD line in a bullish crossover. The RSI (14) peaked at 78, signaling overbought territory, though this may reflect the recent aggressive price action. A short-term pullback to the 5.30–5.34 range could bring the RSI into neutral territory, offering a buying opportunity for long positions.

Bollinger Bands

Volatility expanded significantly in the last 4 hours of the period, with the Bollinger Bands widening as the price moved from the mid-band toward the upper band. The 20-period Bollinger Band was centered around 5.36, and the price closed near the upper band, suggesting continuation potential if bullish volume and order flow persist. A pullback to the mid-band at 5.31 would offer a low-risk reentry for long positions.

Volume & Turnover

The highest volume was recorded at 14:45 ET (74,784.62 USD), coinciding with a sharp move toward 5.375 after a consolidation phase. The final hour showed a steady increase in volume, particularly in the 15:45–16:00 ET window, where price closed at 5.409. Turnover also spiked in the last 2 hours, confirming accumulation by institutional buyers. No significant divergence was observed between price and volume.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from 5.012 (16:15 ET) to 5.452 (06:45 ET), key levels were 38.2% at 5.23, 50% at 5.23, and 61.8% at 5.30. Price closed near 5.409, indicating strength above the 61.8% level. On the daily chart, retracement levels from the 2025-10-08 low at 4.90 to the 2025-10-13 high at 5.452 showed 61.8% at 5.28, a level now acting as support.

Backtest Hypothesis

Due to a technical issue with our data provider, I was unable to auto-generate a full list of Bearish Engulfing patterns for NEO/USDT from 2022–2025. However, based on the current chart, the most recent bearish reversal occurred at 19:45 ET on October 12, where a Bearish Engulfing pattern formed at 5.162–5.156, signaling a temporary pullback before the bullish breakout. A backtest using Bearish Engulfing as a sell signal and Bullish Engulfing as a buy signal could be implemented once the data is available. The current bullish trend suggests the most recent Bullish Engulfing at 07:30 ET (5.143–5.147) may be a high-probability entry for long positions.