Market Overview for REI Network/Tether (REIUSDT): September 25, 2025

• Price declined 19.7% over the last 24 hours, closing near 0.01511.
• Volatility expanded in early trading, followed by a steady downtrend and oversold RSI.
• Large-volume sell-offs below key support levels suggest weak near-term sentiment.
• Bollinger Bands widened in the first half of the day, then tightened, reflecting consolidation.
• Negative divergence between price and RSI suggests bearish continuation potential.

REI Network/Tether (REIUSDT) opened at 0.01586 on 2025-09-24 at 12:00 ET, reaching a high of 0.01590 and a low of 0.01490 before closing at 0.01511 on 2025-09-25 at 12:00 ET. The 24-hour volume totaled 6.05 million units, with a notional turnover of $90,524. The asset has exhibited a prolonged bearish trend, with key support and resistance levels clearly defined.

Structure & Formations

The price formed a series of bearish candlestick patterns, particularly a bearish engulfing pattern around 0.01576 and a bearish dark cloud cover near 0.01565, suggesting strong selling pressure. A doji at 0.01515 and 0.01510 indicated indecision and potential exhaustion in the short term. Key support levels were identified at 0.01505 and 0.01495, with resistance at 0.01525 and 0.01535. The price appears to have found a near-term floor at 0.01490–0.01495, which may hold in the next 24 hours if volume remains low.

Moving Averages

On the 15-minute chart, the price closed below both the 20 and 50-period moving averages, reinforcing the bearish bias. The 50-period moving average currently sits around 0.01531, while the 20-period is closer at 0.01527. On the daily chart, the 50-period moving average is near 0.01550, and the 200-period is at 0.01570, placing the asset in bearish territory relative to its long-term trend.

MACD & RSI

The MACD turned negative and crossed below the signal line early in the 24-hour period, confirming a bearish shift in momentum. RSI reached oversold territory below 30 for the first time around 0.01520 and remained in that range for much of the day, suggesting the downtrend may continue unless a strong buy signal emerges. However, RSI did not show a strong recovery, indicating that bearish momentum remains intact.

Bollinger Bands

Bollinger Bands widened in the early part of the day, indicating increasing volatility, before narrowing in the latter half as the price consolidated near the lower band. The asset has spent the majority of the day near the lower band, suggesting it is in a low-volatility, bearish phase. A break above the 0.01525 level could trigger a re-expansion of the bands, but a continued slide below 0.01505 may lead to further tightening and bearish consolidation.

Volume & Turnover

Volume surged significantly during the early hours of the session, especially between 23:15 and 00:30 ET, with a large-volume sell-off driving the price down to 0.01550–0.01540. Notional turnover followed a similar trajectory, with the highest notional value occurring during the largest price drop. As the day progressed, volume and turnover both decreased, suggesting fading interest. Divergence between price and turnover was minimal, indicating that the move was consistent with market sentiment.

Fibonacci Retracements

Applying Fibonacci retracements to the major 15-minute swing from 0.01590 to 0.01490, the 38.2% level is at 0.01538 and the 61.8% level is at 0.01519. The price has tested and held below the 61.8% level, reinforcing bearish sentiment. On a daily chart, the Fibonacci retracement of the recent 20-day range indicates a potential near-term support at 0.01495 and resistance at 0.01525. A close below 0.01495 would likely trigger a move toward the next Fibonacci level at 0.01485.

Backtest Hypothesis

Given the bearish structure and confirmed sell signals across key technical indicators, a backtest strategy could be developed that enters short positions on a close below key support levels (e.g., 0.01505) and exits on a 5% price rebound or a close above the 50-period moving average. The strategy would also incorporate stop-loss orders at 5% above the entry point to manage downside risk. Over the next 24 hours, this setup may offer a favorable risk-reward profile if the bearish trend persists and volume remains supportive of further downside.