Market Overview for REI Network/Tether (REIUSDT) – October 12, 2025

Generated by AI AgentTradeCipher
Sunday, Oct 12, 2025 8:04 pm ET1min read
Aime RobotAime Summary

- REIUSDT fell 1.5% in 24 hours, forming a bearish descending triangle with support at 0.01115 and resistance at 0.01160.

- Low volatility and a negative MACD crossover indicate bearish momentum, while RSI at 28 suggests potential oversold bounce.

- Fibonacci levels highlight 0.01115 as a key support, with further decline risks to 0.01100 if broken.

- Volume spiked at 3.5 million but failed to confirm strong bearish continuation, aligning with moderate liquidity and bearish sentiment.

• REIUSDT declined 1.5% over 24 hours, closing at 0.01116 after a bearish close at 0.01122 at 00:00 ET.
• Price found support at 0.01115 and tested resistance at 0.01160, forming a bearish descending triangle on the 15-min chart.
• Volatility remained low, with volume spiking near 3.5 million at 19:45 ET but lacking follow-through.
• RSI indicates oversold conditions below 30, while MACD shows bearish momentum with a negative crossover.
• Fibonacci levels suggest potential bounce at 0.01115 and further bearish potential to 0.01100.

REI Network/Tether (REIUSDT) opened at 0.01156 at 12:00 ET−1, reached a high of 0.01176, and closed at 0.01116 at 12:00 ET. The 24-hour session saw total volume of 14.2 million and turnover of $205,600, showing moderate liquidity and bearish sentiment.

The price action appears to be consolidating into a descending triangle pattern, with a key resistance at 0.01160 and support at 0.01115. A breakdown of support would suggest further downside toward 0.01100. The 15-minute 20SMA is below the 50SMA, reinforcing the bearish bias. Daily 50SMA sits above price, indicating medium-term bearish momentum but not a full bear market.

The MACD histogram has turned negative, with a bearish crossover confirming weak momentum. RSI is in oversold territory at 28, suggesting a potential bounce but without a reversal signal. Bollinger Bands show a recent contraction, pointing to a possible breakout or breakdown. Price is now sitting near the lower band, indicating stretched bearish conditions.

Volume spiked near 3.5 million at 19:45 ET, coinciding with a bearish move from 0.01152 to 0.01144, but subsequent volume failed to confirm a strong trend continuation. Turnover and volume appear aligned in the late hours, with no divergence observed. Fibonacci retracements from the 0.01176 high to the 0.01111 low suggest key levels at 38.2% (0.01146), 50% (0.01139), and 61.8% (0.01131), all of which acted as bearish pivots during the session.

Over the next 24 hours, REIUSDT may test the 0.01115 support level and face a key decision point. A break below 0.01111 could trigger a further decline toward 0.01100. Investors should remain cautious as volume and momentum indicators suggest that bearish pressure is still building.

Backtest Hypothesis

The proposed backtest strategy is based on using the RSI and MACD indicators in conjunction with Fibonacci levels. A trade signal would be generated when RSI crosses below 30 (oversold) and MACD shows a bearish crossover, followed by a price rejection from a key Fibonacci level. The strategy assumes that a bounce off the 0.01115 level—identified as a 61.8% retracement—may offer a short-term buying opportunity. The stop-loss would be placed below the next Fibonacci level (0.01108), while the target could be the 50% retracement at 0.01139. This approach integrates momentum, structure, and volatility metrics to filter for high-probability entries in a volatile market.