Market Overview for Reserve Rights/Tether (RSRUSDT) on 2025-09-25

• Reserve Rights/Tether (RSRUSDT) traded in a descending channel on the 15-minute chart, with a 1.87% downside bias from 12:00 ET–1 to 12:00 ET.
• Key support levels emerged at 0.00585 and 0.00575 as price tested these levels multiple times, showing consolidation.
• Volume and turnover surged during the late ET session, with volume spiking to 19.2M at the 12:30 ET–13:00 ET window.
• RSI and MACD indicated bearish momentum, with RSI dipping into oversold territory below 30 in the last 4 hours.
• Price broke below the Bollinger Band midline, suggesting heightened bearish volatility and potential continuation of downward pressure.

Reserve Rights/Tether (RSRUSDT) opened at $0.006167 on 2025-09-24 at 16:00 ET and closed at $0.005747 at 12:00 ET on 2025-09-25. The 24-hour low was $0.005614, and the high was $0.00617. Total volume amounted to 189.1M RSR, and notional turnover was approximately $1.13M. The price action reflects a consistent bearish bias over the last 24 hours, with price testing multiple support levels and failing to reclaim key resistance.

Structure and formations on the 15-minute chart suggest a bearish consolidation pattern, with a descending channel forming from the initial high of $0.00617. Several bearish engulfing patterns were visible after the price broke below $0.006100, indicating short-covering and potential exhaustion of near-term bullish sentiment. A doji formed at $0.005850, signaling indecision and a potential short-term reversal or consolidation. Key support levels at $0.005850 and $0.005750 appear to be magnetizing price action, with the 0.005750 level showing strong buyer resilience.

The 20-period and 50-period moving averages on the 15-minute chart have both crossed below the price, forming a death cross pattern. On the daily chart, the 50-day and 200-day moving averages remain well above the current price, suggesting long-term bearish pressure. The 100-day MA is approaching the 0.005800 level, which may act as a dynamic resistance zone if the price attempts to rebound.

RSI is currently at 29, indicating oversold conditions, though this is not necessarily a bullish signal if the downward trend remains intact. MACD is in bearish territory with the histogram expanding, showing increasing bearish momentum. Bollinger Bands have widened significantly in the last 12 hours, signaling increased volatility. Price is currently sitting near the lower band, suggesting potential continuation of the bearish trend unless a strong reversal candle breaks the upper band or reclaims the midline.

Volume and notional turnover were highest during the late ET trading session, peaking at 19.2M RSR and $1.13M turnover at 12:30 ET–13:00 ET. Notably, the price action and volume did not diverge; increased selling pressure was accompanied by higher volume, suggesting a valid bearish breakout. No clear divergence was observed between price and volume, indicating that the current bearish trend remains supported by market conviction.

Fibonacci retracements drawn from the 24-hour swing high at $0.00617 to the low at $0.005614 show key levels at 0.00585 (38.2%) and 0.00575 (61.8%). Price action at these levels over the past 6–8 hours suggests that they are functioning as dynamic support. A break below 0.00565 (78.6%) could accelerate the bearish trend, with a potential target near 0.00555.