Market Overview for Powerledger/Tether (POWRUSDT) – October 25, 2025

• Price rallied to a 24-hour high of $0.1189 before consolidating near $0.1182.
• Strong volume spikes driven by accumulation above $0.1175 and distribution near resistance.
• RSI and MACD signaled overbought conditions after a sharp rebound from a 15-minute support.
• Volatility widened as the price broke out of a Bollinger contraction.
• Fibonacci 61.8% retest at $0.1182 suggests a key psychological pivot for near-term direction.

The Powerledger/Tether (POWRUSDT) pair opened at $0.1168 on October 24, 12:00 ET, surged to a 24-hour high of $0.1189, and closed at $0.1182 at 12:00 ET on October 25. The price action was supported by strong volume, particularly in the late evening and early morning hours, with total trading volume reaching ~1.44 million units and a notional turnover of ~$168,900. A bullish reversal pattern emerged around $0.1175 as buyers retook control after a brief bearish pullback.

The 20-period moving average on the 15-minute chart showed a steep upward slope following the breakout, while the 50-period lagged but showed increasing alignment with the 20-period, reinforcing the strength of the rally. On the daily chart, both 50 and 200-period moving averages are aligned to the upside, suggesting a continuation of the short-term bullish bias. The price appears to have found a short-term resistance near $0.1189, with potential support forming at the 61.8% Fibonacci retracement level of $0.1182.

MACD turned positive after 19:00 ET on October 24, confirming the upward momentum, while RSI briefly entered overbought territory at $0.1189 before retreating, indicating a possible pause in the rally. Bollinger Bands expanded as the price broke out of a contraction near $0.1175, signaling rising volatility. The price is currently sitting just below the upper band, suggesting a potential for a follow-through move if buyers step in at the next resistance.

The candlestick structure indicates a strong accumulation phase after 20:15 ET on October 24, with increasing volume and higher closes. A bullish engulfing pattern formed between $0.1175 and $0.1182, and a potential three-wave impulse pattern is forming. Volume diverged slightly near $0.1189, suggesting caution. The Fibonacci 61.8% level at $0.1182 may serve as a near-term pivot, and a break above this could see the price test the 78.6% level at ~$0.1192. Investors should monitor these levels for confirmation of a sustained move higher or a pullback to retest key support.

The backtesting strategy described focuses on how breaking a defined resistance level—whether based on moving averages, Bollinger Bands, or Fibonacci levels—affects the post-event price trajectory. The most relevant resistance definitions for this pair may include a new 20-day high or a breakout above the upper Bollinger Band (20-day, 2σ), both of which were observed during the recent 24-hour period. Testing returns 1, 3, 7, and 14 days post-event could provide insight into whether breaking these levels leads to a statistically significant edge in the current market environment.

This strategy can be integrated with the identified resistance levels from the 15-minute and daily charts. For instance, the 20-day high breakout at $0.1189 and the 61.8% Fibonacci retracement at $0.1182 represent actionable events. Measuring returns from these levels could reveal whether the market reacts favorably to such signals or if volatility and volume divergence act as early warning signs of a potential pullback. The next steps involve defining the precise rule (e.g., breakout ≥ 20-day high) and deriving a historical event dataset for further testing.