Market Overview: Sahara AI/Tether (SAHARAUSDT) — October 13, 2025

• SAHARAUSDT traded within a tight range, testing key resistance at 0.08041 before retracting to 0.07769.
• RSI indicates moderate momentum with no clear overbought/oversold signals.
• Bollinger Bands show a recent expansion, hinting at increasing volatility.
• Volume spiked during the 19:30–20:00 ET breakout attempt but failed to confirm a new trend.
• A potential bullish engulfing pattern formed near 0.07900, suggesting short-term support.

Market Overview: Sahara AI/Tether (SAHARAUSDT) — October 13, 2025

Sahara AI/Tether (SAHARAUSDT) opened at 0.07699 on October 12, 2025, and reached a high of 0.08068 before closing at 0.07864 at 12:00 ET. The pair traded as low as 0.07681 within the 24-hour window. Total volume amounted to 45,604,465.0, with a notional turnover of $3,469,292.37 (based on volume × price).

The price action revealed a volatile 24-hour session with a sharp rally starting at 19:30 ET, where SAHARAUSDT breached 0.08000 for the first time in days. However, the momentum dissipated after 20:15 ET as bearish pressure returned. This suggests the market is testing resistance levels with uncertainty in directional bias.

Structure & Formations

The most notable price structure occurred in the 19:30–20:30 ET window, where a sharp bullish move pushed SAHARAUSDT to 0.08068 before a bearish reversal led to a pullback. A potential bullish engulfing pattern formed near 0.07900 during the recovery phase, suggesting short-term support. A doji formed at 0.08061 after the 20:15 ET candle, signaling indecision and potential consolidation ahead.

Key support levels identified in the 24-hour chart include 0.07864 (21:45 ET), 0.07830 (21:15 ET), and 0.07771 (18:00 ET). Resistance levels are at 0.08068, 0.08041, and 0.08021. A breakdown below 0.07769 may indicate further bearish potential.

Moving Averages

On the 15-minute chart, the 20-period MA is currently at ~0.07897, with the 50-period MA at ~0.07912. SAHARAUSDT has spent the latter half of the session below the 50 MA, indicating weakening momentum. On the daily chart, the 50-period MA is at ~0.07905, and the 200-period MA at ~0.07800, suggesting a potential long-term bullish bias if the price holds above 0.07800.

MACD & RSI

The 15-minute MACD histogram showed a small bearish divergence in the final hour, aligning with the pullback after the 20:15 ET spike. RSI moved between 50 and 60 for most of the session, with a brief overbought peak at 71.2 (19:45 ET), confirming the short-term bullish thrust. However, the RSI failed to stay above 60 after that, signaling a possible bearish reversal.

Bollinger Bands

Bollinger Bands showed a modest expansion during the 19:30–20:15 ET rally, with the price peaking near the upper band. This suggests increased volatility and a potential breakout attempt. Currently, the price is trading just below the mid-band, indicating a potential sideways consolidation phase. A sustained move above the upper band could confirm a bullish breakout.

Volume & Turnover

Volume spiked to 2,610,039.0 during the 19:30–20:00 ET candle, coinciding with the 0.08068 high. This was the largest volume candle of the 24-hour period. However, the lack of a follow-through move suggests that the buying pressure was not confirmed. Turnover mirrored the volume pattern, with a peak of ~$211,388 in the same candle. The divergence between price and volume at key levels suggests caution.

Fibonacci Retracements

Applying Fibonacci to the 0.07681–0.08068 swing, the 61.8% level is at 0.07917 and the 38.2% level at 0.07869. SAHARAUSDT found temporary support at the 38.2% level before bouncing back toward 0.07900. A breakdown below the 38.2% level may trigger a test of the 23.6% level at 0.07815, with a potential target at 0.07769.

Backtest Hypothesis

To build a backtesting strategy, one could consider the RSI-oversold trigger seen in this session. If RSI dips below 30 and remains below it for two consecutive 15-minute candles, a buy entry could be initiated with a 7-day hold. Given the recent volatility and pullbacks, this approach may offer a balanced way to capture potential rebounds from key support levels. The strategy could be tested on the SAHARAUSDT pair using a dataset from January 1, 2022, to today, to assess its profitability and risk profile.