Market Overview for Sahara AI/Tether (SAHARAUSDT) as of 2025-10-11

• Price action was choppy with a late 24-hour rally from $0.0729 to $0.0768
• Momentum showed mixed signals but surged during the 21:45–22:00 ET rally
• Bollinger Bands expanded during the midday selloff and retracted during consolidation
• Volume surged during the midday and early evening, with turnover confirming price moves

Sahara AI/Tether (SAHARAUSDT) opened at $0.0744 at 12:00 ET on 2025-10-10 and closed at $0.0748 at 12:00 ET on 2025-10-11. The pair touched a high of $0.0815 and a low of $0.0534 during the 24-hour period. Total volume amounted to 345,545,992.0, with a notional turnover of $24.6 million.

Structure & Formations

Price action was range-bound for most of the session but experienced a sharp 21:45–22:00 ET upward spike from $0.0733 to $0.0815, forming a strong bullish candle on the 15-minute chart. A bearish engulfing pattern was visible at 21:30 ET after a large bullish hammer. Key support levels were identified at $0.0734 and $0.0725, while resistance levels were at $0.0768 and $0.0786. A long lower wick during the 01:15–01:30 ET session suggested a possible rejection at $0.0729.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed in a bullish divergence during the 21:45–22:00 ET upmove, suggesting a temporary bullish bias. By the close, price remained above both the 20 and 50 SMAs, but the 50 SMA acted as a resistance in the latter half of the session. On the daily chart, the 50/100/200-period SMAs showed a neutral configuration, with the 50 SMA at $0.0747 acting as a dynamic support zone.

MACD & RSI

The MACD crossed into positive territory during the 21:45–22:00 ET rally and formed a bullish histogram, aligning with the price breakout. However, RSI hit overbought territory above 70 during the rally, suggesting potential for a near-term correction. A bearish divergence appeared in the RSI at the 03:15–03:30 ET low, indicating a potential short-term bounce. Momentum weakened as the session progressed, with the RSI trending downward toward the 50 level by the close.

Bollinger Bands

Bollinger Bands expanded significantly during the 21:30–22:00 ET period, reflecting heightened volatility during the sharp rally. By the end of the session, price had consolidated within a tighter band, indicating a possible reversion to the mean. The closing price at $0.0748 sat just below the 20-period midline, suggesting a balanced equilibrium between buying and selling pressure.

Volume & Turnover

Volume spiked during the 21:45–22:00 ET rally to $14.5 million in notional turnover, with price and volume moving in tandem, indicating a genuine breakout attempt. A smaller but consistent volume profile followed during the consolidation phase, showing no immediate bearish divergence. However, volume declined in the final 3 hours, signaling a potential lack of follow-through buying.

Fibonacci Retracements

Key Fibonacci levels from the $0.0729 to $0.0815 move included 38.2% at $0.0766, 50% at $0.0772, and 61.8% at $0.0777. Price tested the 38.2% level before consolidating. On a daily basis, retracement levels from the $0.07283 to $0.07885 move showed 61.8% at $0.0774, which acted as a minor resistance zone.

Backtest Hypothesis

A potential strategy for backtesting could focus on the 21:45–22:00 ET breakout from $0.0733 to $0.0815. Using a 15-minute timeframe, a buy signal could be triggered when price closes above the 20-period SMA and the MACD turns positive, with a stop-loss placed just below the key support at $0.0734. A target could be set at the 61.8% Fibonacci level at $0.0777. This aligns with the observed bullish divergence in the MACD and confirmed breakouts in volume. The strategy would need to be tested over multiple such price spikes to assess its robustness.

Over the next 24 hours, SAHARAUSDT appears to face key resistance at $0.0768 and support at $0.0734. A break above $0.0768 could target $0.0786, while a drop below $0.0734 may test $0.0725. Investors should remain cautious due to the high volatility and divergent momentum signals, especially after the recent rally.