Market Overview: Across Protocol/Tether (ACXUSDT) on 2025-12-25

Summary
• Price surged from 0.0514 to 0.0540 before consolidating near 0.0530 in late overnight trading.
• Volume spiked during the 21:45–23:45 ET window, confirming the bullish breakout.
• RSI hit overbought territory near 75, suggesting potential for a near-term pullback.
• A bearish engulfing pattern emerged at 0.0533, signaling short-term resistance.
• Bollinger Bands expanded as volatility increased during the late ET session.

Market Overview

Across Protocol/Tether (ACXUSDT) opened at 0.0514 and traded as high as 0.0541 during the 24-hour window, with a low of 0.0513 and a close near 0.0530 at 12:00 ET. Total volume reached 1,752,385.0, while notional turnover amounted to approximately 88.98 USD. The pair showed strong early momentum and a consolidation phase after reaching a late-night high.

Structure & Formations

The price moved decisively above key resistance at 0.0523 and tested 0.0540 as the next level. A bearish engulfing pattern formed near 0.0533 during the 00:15–00:30 ET window, suggesting short-term caution. A potential support zone developed between 0.0528–0.0531 as the price consolidated during the morning hours.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages showed a bullish crossover shortly after the 0.0523 breakout. On the daily chart, the 50-period MA crossed above the 100-period MA, indicating a potential trend continuation. Price remained above the 200-period MA for the majority of the session.

MACD & RSI

The MACD line showed a strong positive divergence as the price rose toward 0.0540, confirming bullish momentum. RSI reached overbought levels above 75 during the late ET session, suggesting a possible pullback could occur if buying pressure subsides. No strong bearish divergence was observed during the session.

Bollinger Bands

Volatility increased sharply after 18:30 ET, causing the Bollinger Bands to widen. Price briefly touched the upper band near 0.0540 before retreating, indicating a potential overbought condition. The bands have since contracted slightly, suggesting a possible consolidation phase ahead.

Volume & Turnover

Volume spiked sharply during the 18:30–20:45 ET window, particularly during the 21:45 ET candle with a volume of 186,264.8 and a high of 0.0538, confirming the breakout above 0.0523. Turnover also increased in tandem with price, with no major divergence between the two indicators.

Fibonacci Retracements

Recent 5-minute swings show key Fibonacci levels at 0.0528 (38.2%) and 0.0534 (61.8%). Price appears to have tested the 61.8% level before consolidating, suggesting it may retest these levels in the near term. Daily retracement levels align with the 0.0525–0.0530 range, which now appears to be a key area of consolidation.

The market appears to have momentum to the upside, with a possible test of the 0.0538–0.0540 level if buyers re-enter the market. However, the overbought RSI and bearish engulfing pattern suggest caution, and a pullback to the 0.0528–0.0531 support zone could occur. Investors should closely monitor volume and order flow during the next 24 hours for confirmation of trend continuation.