Market Overview for Powerledger/Tether (POWRUSDT) on 2025-10-11

• Price dropped 28% from a peak of $0.1391 to $0.0753 before rebounding to $0.1178.
• Volatility surged during the 21:30–22:30 ET window, with over 1.8 million shares traded in a bearish breakdown.
• Recovery from $0.0838 to $0.1178 shows a 40% rebound but faces key resistance at $0.117–0.1178.
• RSI and MACD show weak bullish momentum, with no signs of overbought conditions.
• Volume spikes align with price swings, but divergence appears in the final 4-hour window.

Powerledger/Tether (POWRUSDT) opened at $0.1391 on 2025-10-10 at 12:00 ET, hit a high of $0.1393, and a low of $0.0753 before closing at $0.1178 on 2025-10-11 at 12:00 ET. Total volume for the 24-hour period was 10.68 million tokens, with a notional turnover of approximately $1.28 million.

Structure & Formations

Price experienced a sharp bearish breakdown during the 21:30–22:00 ET window, forming a large bearish candlestick with a long lower wick and a wide real body. This breakdown was followed by a partial recovery, forming a bullish engulfing pattern from $0.0838 to $0.1178. Key support levels include $0.1135 and $0.1058, with resistance clusters forming at $0.117, $0.1178, and $0.1181.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are trending lower, reflecting the bearish bias. The 20SMA crossed below the 50SMA during the bearish breakdown, confirming a short-term downtrend. On the daily chart, the 50DMA and 100DMA are converging lower, while the 200DMA remains a strong bearish indicator.

MACD & RSI

The MACD line has turned positive in the most recent 4 hours, suggesting a short-term buying interest, but the histogram remains weak. RSI has recovered from oversold territory (below 30), currently hovering near 55, indicating moderate momentum but no strong overbought conditions. The slow MACD crossover suggests a cautious short-term bullish bias.

Bollinger Bands

Volatility expanded sharply during the 21:30–23:00 ET window, with the bands widening as the price broke down. In the past 4 hours, volatility has contracted slightly, with price oscillating near the middle band. This suggests a possible consolidation phase ahead of a potential breakout.

Volume & Turnover

The most significant volume spikes occurred during the 21:30–22:00 ET and 22:30–23:00 ET windows, coinciding with the bearish breakdown and initial recovery. Notional turnover spiked above $0.3 million during these periods, indicating active trader participation. However, the most recent 4-hour window shows a divergence: volume is lower despite price gains, hinting at potential exhaustion.

Fibonacci Retracements

Applying Fibonacci levels to the most recent 15-minute swing from $0.0753 to $0.1178, key retracement levels include 38.2% at $0.0926 and 61.8% at $0.1100. Price currently sits near 78.6% at $0.117, a critical level for short-term continuation or reversal.

Backtest Hypothesis

A potential backtesting strategy for POWRUSDT involves using a dual-moving average crossover (20SMA/50SMA) on the 15-minute chart combined with RSI and volume confirmation. A long entry could be triggered when the 20SMA crosses above the 50SMA, RSI rises above 40, and volume increases by 20% above the 4-hour average. A stop-loss is placed below a key support level, with a target near the 38.2% or 61.8% Fibonacci retracement. This strategy aims to capture short-term momentum bounces during volatile swings.