Market Overview for Across Protocol/Tether (ACXUSDT) on 2025-10-28

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• Price traded in a tight range from $0.0702 to $0.0728, consolidating around key 15-minute support/resistance levels.
• A bullish engulfing pattern formed near $0.0705–$0.0709, signaling potential short-covering or buying interest.
• Volume surged above $500,000 at the 10 PM–1 AM ET window but failed to push price above $0.0728, suggesting temporary resistance.
• Bollinger Bands tightened near $0.0708, hinting at possible volatility breakout or reversal.
• RSI remained neutral in the 45–55 range, with no clear overbought or oversold signals.

Across Protocol/Tether (ACXUSDT) opened at $0.0710 on 2025-10-27 at 12:00 ET, reached a high of $0.0728, and closed at $0.0714 by 12:00 ET on 2025-10-28. The pair spent much of the 24-hour window consolidating between $0.0708 and $0.0728. Total volume amounted to approximately 1,600,000 units, while notional turnover came to about $112,000.

The price action showed signs of internal indecision, particularly in the 8 PM–10 PM ET range, where a large-volume candle failed to hold gains above $0.0724. The 20-period EMA held slightly above the 50-period EMA, indicating mildly bullish momentum but not a strong directional signal. On the daily chart, the 50-period SMA crossed above the 100-period SMA, forming a tentative golden cross, which may support further consolidation or a breakout.

The 15-minute RSI remained in neutral territory, hovering between 45 and 55 for most of the session. While it briefly hit 65 near $0.0728, it failed to maintain overbought territory, suggesting limited conviction in the bullish move. MACD lines moved in a sideways range with occasional positive divergence, hinting at possible exhaustion in the downward trend. Bollinger Bands showed a recent contraction around $0.0708, pointing to a period of low volatility that could precede a breakout.

Fibonacci retracement levels identified key 15-minute support at $0.0705 (61.8%) and resistance at $0.0713 (38.2%) after the major swing from $0.0708 to $0.0728. The price briefly tested the 61.8% level before bouncing back toward consolidation. Volume and turnover diverged during the 10 PM–1 AM ET period, with high volume failing to accompany price strength, suggesting possible profit-taking or short-term indecision.

Backtest Hypothesis

To assess the potential of a “MACD Golden Cross” strategy for ACXUSDT, a backtest could be initiated using the 15-minute time frame and a daily bar interval to align with standard MACD signals. Given the recent golden cross on the daily chart, a strategy could be designed to enter long positions when the 12-period EMA crosses above the 26-period EMA, with optional stop-loss and take-profit levels based on the Fibonacci retracements discussed. Testing this hypothesis from 2022-01-01 through today would reveal how the indicator performs in capturing bullish trends and avoiding false signals. This approach could be further refined with risk controls like a 2% stop-loss or a 5% take-profit for disciplined position management.