Market Overview for Across Protocol/Tether (ACXUSDT) – 2025-10-10

• ACXUSDT rose to a 24-hour high of $0.1167 before consolidating near $0.115.
• Bullish momentum emerged in late-night trading, followed by a morning pullback.
• High volatility observed in 5-10 AM ET, with Bollinger Band expansion and RSI overbought levels.
• Volume surged in the final 6 hours, indicating renewed interest.

ACXUSDT opened at $0.1113 on 2025-10-09 at 12:00 ET, rose to a high of $0.1167, and closed at $0.1149 by 12:00 ET the following day. Total trading volume reached 3.16 million contracts, with a notional turnover of $346,425. Price action displayed a strong push higher in early morning hours and a consolidation phase in the afternoon, indicating a tug-of-war between bullish and bearish sentiment.

Structure & Formations

The 15-minute chart shows a clear bullish reversal pattern forming between 2025-10-10 03:30 ET and 04:00 ET, with a strong engulfing candle pushing prices from $0.1144 to $0.1164. A key support level appears to be forming near $0.1140–$0.1145, where the price has bounced off multiple times. A bearish divergence is visible in the late afternoon, with a high of $0.1162 followed by a lower high at $0.1151 and a lower close at $0.1147, indicating potential exhaustion in the upward move.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are in bullish alignment, with the 20SMA crossing above the 50SMA in the early hours of October 10, forming a potential golden cross. On the daily chart, the 50-day and 200-day moving averages are converging, suggesting a possible shift in trend if the price holds above $0.1145.

MACD & RSI

The 15-minute MACD line crossed above the signal line at approximately 03:30 ET and remained bullish for the next 4 hours, with positive divergence in the 04:00–05:30 ET range. RSI peaked at 68–70 during the 03:30–04:45 ET period, suggesting overbought conditions, which preceded the pullback in the afternoon. A bearish RSI divergence emerged in the 06:00–08:00 ET window, aligning with a price consolidation phase.

Bollinger Bands

Volatility expanded significantly between 03:00 ET and 06:00 ET, with the Bollinger Bands widening to capture a range of $0.1140–$0.1167. The price spent most of the morning near the upper band, which indicates strong bullish momentum. A contraction in the bands occurred from 08:00 ET onward, suggesting a potential pause in the trend before a new breakout.

Volume & Turnover

Volume spiked from 03:00 ET to 06:00 ET, with the highest hourly volume of 369,778.8 contracts at 03:30 ET, coinciding with a key bullish breakout. Notional turnover also surged during this period, reaching a high of $42,700 in a single candle. However, a divergence between price and volume occurred during the late morning consolidation phase, with lower volume accompanying lower price highs, suggesting weakening bullish momentum.

Fibonacci Retracements

Applying Fibonacci levels to the 15-minute swing from $0.1113 to $0.1167, the 61.8% retracement level at $0.1145–$0.1147 has been tested twice over the past 24 hours. A break above $0.1167 could target the 78.6% level at $0.1162, while a breakdown below $0.1145 could trigger a retest of the 50% level at $0.1140 or the 38.2% level at $0.1137.

Backtest Hypothesis

A potential backtesting strategy could focus on a breakout-based approach using the 15-minute Bollinger Band upper band as a trigger for long entries, supported by bullish RSI and a golden cross in the 20/50 SMA. Stops could be placed below the 38.2% Fibonacci retracement level, while targets align with the 61.8% and 78.6% levels. A counter-trend short could also be considered during overbought RSI divergences, particularly when volume fails to confirm higher highs.