Market Overview for POL/Tether (POLUSDT) – 24-Hour Analysis (2025-09-26)

• POL/Tether edged lower by 0.46% over 24 hours, closing near the mid-range of a tight consolidation channel.
• Price action shows moderate volatility, with a 0.72% range between session highs and lows.
• Volume and turnover remain steady, with no clear divergence from price trends.
• Key support held at 0.216–0.2175, with resistance forming near 0.220.

At 12:00 ET–1 on 2025-09-25, POL/Tether opened at 0.2205 and reached a high of 0.2207 before closing at 0.2163 at 12:00 ET on 2025-09-26. The 24-hour low was 0.2108. Total volume reached 39.7 million USDT, while notional turnover came to $8.64 million.

Structure & Formations

Price action on the 15-minute chart shows a bearish bias after a key breakdown from 0.2185–0.2202, where multiple doji and engulfing patterns confirmed indecision. A strong rejection at 0.216–0.2175 occurred in the early hours of the session, forming a potential support zone. A bearish engulfing pattern was observed at 0.2182–0.2161, signaling continued pressure below that level.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart both closed below the current price, reinforcing the bearish trend. The 50-period MA at 0.2175 currently acts as a dynamic resistance. On the daily chart, the 50-period MA is at 0.218, with the 200-period MA near 0.221, indicating short-term bearish momentum.

MACD & RSI

MACD on the 15-minute chart remained in negative territory, with the signal line crossing below the histogram, suggesting continued bearish momentum. RSI has trended downward, reaching 45, indicating neutral momentum. While not overbought or oversold, the RSI shows a bearish divergence with price on the 15-minute chart.

Bollinger Bands

Volatility expanded briefly during the breakdown from 0.2185–0.2202, with price testing the lower band at 0.2161 before rebounding. Currently, price sits near the mid-band at 0.2175, suggesting a potential resumption of trend-based movement.

Volume & Turnover

Volume remained relatively consistent across the session, with a peak of 2.97 million USDT at 17:30 ET as price broke down from 0.2185. Turnover increased in the early morning hours, confirming bearish action between 0.218 and 0.216. No notable divergence was observed between price and volume, supporting the continuation of the current bearish bias.

Fibonacci Retracements

Key Fibonacci levels on the recent 15-minute swing from 0.2207 to 0.2108 indicate critical support at 0.2143 (61.8%) and 0.2161 (38.2%). Price has held above 0.2161 in the last two hours, suggesting a possible short-term rebound may be in play if the 0.2143 level holds.

Backtest Hypothesis

A potential backtest strategy could involve a short entry at the breakdown of the 0.2185–0.2202 level, with a stop loss above 0.2205 and a target at 0.2143. This would align with the bearish engulfing pattern observed at 0.2182–0.2161 and the Fibonacci retracement levels. Given the current RSI and MACD readings, this setup could be tested on a 15-minute chart with a time-based exit at the end of the session.