Market Overview for Powerledger/Tether (POWRUSDT) – October 12, 2025

• POWRUSDT opened at $0.1168 and traded between $0.1092 and $0.1210, closing at $0.1209 by 12:00 ET.
• A strong rebound emerged after a midday dip, forming bullish engulfing and hammer patterns around 15:00–17:00 ET.
• RSI hit oversold levels early, signaling potential for a reversal that was confirmed by late-day buying pressure.
• Volume surged sharply in the final hours, with the highest 15-minute turnover reaching $0.1203–$0.1204.

Overview

Powerledger/Tether (POWRUSDT) opened at $0.1168 on October 11, 2025, at 12:00 ET and closed at $0.1209 the following day. The pair reached an intraday high of $0.1210 and a low of $0.1092. Over the 24-hour period, total traded volume amounted to 5.79 million units, with a notional turnover of approximately $698,000, showing moderate yet significant interest, especially in the final hours.

Structure & Formations

The price structure suggests multiple key levels. A major support area emerged around $0.1120–$0.1130 following a sharp selloff in the early afternoon, which was subsequently tested and rejected. From there, a bullish reversal pattern formed at $0.1130, with a bullish engulfing candle followed by a hammer at $0.1130–$0.1136. A key resistance level appeared at $0.1170–$0.1180, with a breakout confirmed around $0.1190–$0.1200. A strong bullish continuation pattern emerged in the final four hours, indicating a potential reversal of bearish momentum.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages showed a bullish crossover around $0.1135–$0.1140, reinforcing the upward shift. On the daily chart, the price closed above the 50- and 100-period moving averages but below the 200-period line, suggesting intermediate bullish bias but long-term neutrality.

Backtest Hypothesis

For a potential strategy backtest, consider a breakout-based approach: entering longs when price closes above the 20-period MA with increased volume and RSI above 40, and exiting when price falls below the 20-period MA or RSI hits overbought (70+). This aligns with the recent price behavior, particularly in the late afternoon and evening sessions when volume surged and RSI rebounded from oversold territory.

MACD & RSI

The MACD turned positive in the late afternoon, confirming the shift in momentum from bearish to bullish. The histogram showed a clear divergence from negative to positive territory, with the signal line closely following the price action. RSI, which had reached oversold levels early in the session, moved back into neutral to overbought territory by the end of the day, suggesting exhaustion in the buying wave. Traders may observe whether RSI retests overbought levels or retreats to midline as a sign of potential pullbacks.

Bollinger Bands

Volatility expanded significantly in the final hours, pushing the price to the upper band of the Bollinger Bands, which is typically a sign of strong momentum. The bands themselves widened during the late afternoon rebound, indicating a potential breakout. The price stayed above the 1-standard deviation band for the final 6 hours, signaling a high-probability continuation of the bullish trend, provided the upper band is not broken and retested.

Volume & Turnover

Volume surged in the final hours, particularly between 15:00 and 16:00 ET, with the largest 15-minute volume spike reaching 579,285 units. Notional turnover also spiked during this period, confirming the bullish price action. However, the early morning volume was relatively subdued, and the price did not show a corresponding increase in turnover during that time. This suggests the initial sell-off was driven by limited selling pressure, while the late-day rebound was fueled by strong institutional or algorithmic buying.

Fibonacci Retracements

Applying Fibonacci retracement levels to the major 15-minute swing from $0.1092 to $0.1170 showed key support/resistance areas at 38.2% ($0.1133) and 61.8% ($0.1156). The price held above the 61.8% level and later broke above $0.1170, suggesting the Fibonacci structure was respected. On a daily chart, the 38.2% retracement of the previous major move sits at $0.1165, which was a minor resistance before the breakout. Traders may look for the price to retest these levels before the next directional move.

Outlook & Risk

The price action and technical indicators suggest a strong continuation of the bullish trend in the coming 24 hours, with key resistance levels at $0.1200 and $0.1210. However, a pullback below the 20-period moving average could trigger short-term profit-taking and retest the $0.1170–$0.1175 range. Investors should also watch for divergence in RSI and MACD to confirm momentum strength before taking long positions. As always, proper risk management is advised.