Market Overview for REI Network/Tether (REIUSDT) – 2025-11-13

Summary
• Price dropped 0.99% over 24 hours, closing near session lows.
• Strong bearish momentum in afternoon ET with RSI near oversold.
• Volatility expanded in early morning as price broke above Bollinger Bands.

The REI Network/Tether pair (REIUSDT) opened at $0.01011 on 2025-11-12 at 12:00 ET and closed at $0.01008 on 2025-11-13 at 12:00 ET, recording a 24-hour low of $0.00977 and a high of $0.01015. Total volume traded was 11.09 million REI, with a notional turnover of approximately $1.12 million.

Price action shows a bearish bias, particularly from 19:30 to 21:00 ET, where the pair tested key support levels and formed bearish patterns like the hanging man and dark cloud cover. Momentum turned negative in the late afternoon, with RSI approaching oversold levels and MACD lines crossing into bearish territory.

Bollinger Bands indicate a recent volatility expansion, with prices bouncing between the upper and lower bands. A 20-period EMA crossed below the 50-period EMA in the late evening, reinforcing the bearish signal. Key support levels appear to form around $0.00995–$0.00985, while immediate resistance is noted near $0.01010–$0.01025.

Fibonacci retracements of the recent 15-minute swing (from $0.00977 to $0.01035) suggest potential levels to watch for bounces or breakdowns, with 38.2% at $0.01006 and 61.8% at $0.00993. These levels may offer traders a reference for short-term directional bias.

The bearish trend appears to have firm short-term support near $0.00985. However, a break below that could signal a deeper correction into $0.00975. Conversely, a close above $0.01010 could indicate a potential reversal. Investors should remain cautious, as volatility remains elevated and a sudden reversal is possible within the next 24 hours.

Backtest Hypothesis

The performance of the MACD Death Cross strategy on REIUSDT over the past 24-hour data highlights the limitations of relying solely on this indicator for sell signals. While the MACD crossed into bearish territory late evening on 2025-11-12, the subsequent price action failed to confirm a sustainable downward trend, showing signs of consolidation rather than a definitive bearish reversal. This underscores the need for combining MACD signals with additional tools such as RSI divergence or volume confirmation to avoid false sell triggers. The high volume and volatility suggest market uncertainty, and using the MACD alone could result in premature exits, especially in a range-bound or consolidating market. A more robust approach would be to wait for confirmation from multiple indicators before acting on trend signals.