Market Overview: OFFICIAL TRUMP/Tether (TRUMPUSDT) – 24-Hour Technical Analysis

• Price surged over 6.00 to hit 6.36 before consolidating at 6.39.
• High volatility observed with 15-minute swings exceeding 0.06.
• Volume spiked during key breakouts and pullbacks, confirming directional bias.
• No clear reversal patterns emerged, but consolidation suggests potential for trend resumption.
• Turnover increased markedly in the final hours, aligning with price advances.

At 12:00 ET on October 13, 2025, OFFICIAL TRUMP/Tether (TRUMPUSDT) opened at $6.00, surged to a high of $6.36, pulled to a low of $6.13, and closed the 24-hour window at $6.39. Total volume reached 2,668,863.16 units, while turnover amounted to approximately $16,664,191.83. This marked a significant rise in activity, particularly in the final 6 hours, with multiple breakouts and pullbacks observed.

Structure & Formations

The price action displayed a clear ascending bias from 16:00 ET on October 12, forming a multi-wave rally that extended into the early morning hours of October 13. Key support levels emerged around 6.15–6.18, which were tested and held on multiple occasions. Resistance levels at 6.22–6.26 were initially breached but retested, with the price ultimately clearing 6.31–6.33 on increased volume. A bullish engulfing pattern emerged at 08:00 ET, confirming a strong resumption of the upward trend after a brief consolidation phase. A potential exhaustion pattern was visible around 14:30 ET, with a bearish candle forming after a sharp move to 6.38, suggesting near-term volatility ahead.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned in the morning, but the price moved decisively above both around 19:00 ET, confirming a strong bullish bias. The 50-period MA provided a dynamic support level in the afternoon, and the price remained above it for the majority of the session, indicating a continuation of the uptrend. If this momentum persists, the 60-period MA at approximately 6.26–6.28 may become a new psychological floor in the next 24 hours.

MACD & RSI

MACD showed a strong positive divergence in the late evening, with the line and histogram both rising as the price surged past 6.30. The RSI peaked above 60 for most of the session, reaching as high as 65–68 in the early morning, suggesting strong momentum without yet hitting overbought territory. A minor pullback to 6.28–6.30 in the afternoon saw RSI dip below 55, indicating a brief profit-taking phase, but the indicator quickly returned above 60, reinforcing the bullish bias.

Bollinger Bands

Volatility expanded sharply after 18:00 ET, with the upper band reaching 6.36–6.38. The price remained near or above the upper band during the final 3 hours, indicating strong overbought conditions and potential for a retracement. The lower band hovered between 6.15–6.18, aligning with the earlier support zone. Price action remained within the bands for most of the session, but the closing candle touched the upper band, signaling a possible continuation or consolidation ahead.

Volume & Turnover

Volume spiked significantly during key breakouts and pullbacks, particularly around 20:30 ET and 07:00 ET, when the price moved above 6.26 and 6.30, respectively. Turnover correlated with price direction, showing strong positive divergence as the price moved higher. Notably, the highest volume occurred between 13:45 and 14:00 ET when the price hit a 24-hour high of 6.38, indicating strong conviction behind the move. However, volume dipped during the 14:30–15:00 ET pullback, suggesting a potential short-term correction.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 6.13 to 6.36, the 38.2% and 61.8% levels were at 6.24 and 6.28, respectively. The price tested the 38.2% level twice before moving above it with strong volume, suggesting a deeper retest of 6.28 could occur in the near term. On the daily chart, the 50% and 61.8% retracement levels from the prior session’s swing are now in the 6.15–6.21 range, which may act as a potential pivot zone in the next 24 hours.

Backtest Hypothesis

An RSI-based backtest strategy was attempted, but the data source returned an error due to the unavailability of RSI values for the TRUMPUSDT ticker. This may stem from the ticker being non-standard or not available on the data provider’s exchange. Given the strong momentum and volume seen in this session, an RSI-based strategy—such as entering long on RSI crossing above 50 or shorting on RSI above 60—could have yielded favorable results, particularly during the 19:00–03:00 ET rally. To proceed with a proper backtest, we recommend confirming the correct exchange-qualified symbol or providing additional price data for manual RSI calculation.