Market Overview for StakeStone/Tether (STOUSDT) on 2025-09-13
• Price surged from $0.0867 to $0.1021 before consolidating around $0.0956 at 12:00 ET.
• Sharp volume increase confirmed the bullish breakout between 0.0881–0.0931.
• RSI signaled overbought conditions near 0.096, hinting at potential pullback risk.
• BollingerBINI-- Bands expanded during the rally, indicating rising volatility.
• Turnover reached $160M with volume peaking at 14.8M STOUSDT during the upward thrust.
Price Action and Momentum
StakeStone/Tether (STOUSDT) opened at $0.0867 on 2025-09-12 at 12:00 ET and surged to a 24-hour high of $0.1021 by 19:30 ET. The price then retraced to close at $0.0956 on 2025-09-13 at 12:00 ET. The total volume was 125.6M STOUSDT, with notional turnover reaching $11.9M over the 24-hour period. The sharp rally showed strong buying pressure, supported by strong volume surges, particularly between 17:30 and 20:30 ET.
Moving Averages and Candlestick Patterns
The 15-minute chart shows the price breaking above key 20- and 50-period moving averages around 0.096, confirming a bullish trend. Notable candlestick patterns include a Bullish Engulfing at 0.0938–0.0946 and a Hammer at 0.0918–0.0926, both indicating potential support levels. A Shooting Star at 0.0962–0.0985 suggests short-term resistance. A large bullish candle at 0.0881–0.0931 confirmed a breakout above key resistance.
Momentum and Volatility
The RSI reached 76 near the peak at 0.096, signaling overbought territory and suggesting a potential pullback. MACD remained bullish throughout the rally, confirming momentum. Bollinger Bands expanded significantly during the upward move, indicating heightened volatility. Price closed near the upper band at 0.0956, suggesting continued buying pressure but with increased caution needed.
Volume and Turnover Dynamics
Volume surged sharply during the rally from 0.0881 to 0.0931, with the largest 15-minute volume spike at 3.5M STOUSDT during the candle at 0.0938–0.0946. Notional turnover confirmed the volume increase, with the peak turnover at $3.1M during the same period. Price and turnover aligned well during the bullish phase, indicating strong institutional or retail buying. No major divergence was observed, but price may consolidate as volume dipped after 0.096.
Fibonacci Retracement Levels
Applying Fibonacci retracements to the 0.0867–0.1021 swing, key levels include 0.0969 (38.2%), 0.0945 (50%), and 0.0921 (61.8%). The price currently sits near 0.0956, above the 50% level, indicating a strong bullish bias. On the daily chart, 200-day MA at 0.0895 is a critical support level to watch.
Backtest Hypothesis
A backtesting strategy could be designed to capitalize on the breakout above 0.0881 and the strong momentum observed. A potential approach includes entering long on a close above 0.096 with a stop loss just below the 50% Fibonacci level (0.0945) and a target near the 61.8% retracement at 0.0921 or the 200-day MA. Given the MACD and RSI momentum, a trailing stop could also be used once the price breaches 0.0965 to lock in gains. This setup would aim to capture a continuation of the bullish trend observed in the past 24 hours.
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