Market Overview for Starknet/Tether (STRKUSDT): September 15, 2025

• Starknet/Tether (STRKUSDT) traded in a tight range early before a late surge to 0.1353 by 05:15 ET.
• Momentum picked up after 04:30 ET, breaking above a key prior high at 0.1338 and hitting a 24-hour peak.
• Volatility expanded after 04:30 ET, with a 15-minute high of 0.1353 and a low of 0.1330, showing a shift in sentiment.
• Notional turnover surged to $926k at 05:15 ET, coinciding with the break of 0.1338 and confirming bullish strength.
• A bullish engulfing pattern formed around 05:00–05:15 ET as price broke out of a 0.133–0.1336 consolidation range.

The Starknet/Tether (STRKUSDT) pair opened at 0.1316 on September 14, 12:00 ET, and hit a 24-hour high of 0.1353 by 05:15 ET on September 15. The 24-hour low was 0.1295 at 01:30 ET. Price closed at 0.1353 at 12:00 ET today, up 3.58% from the prior day’s open. Total volume traded in the 24-hour period was 7,670,280.19 STRK, with notional turnover at ~$1,033,500 (calculated from STRKUSDT OHLC and volume data).

Structure & Formations

Price traded within a narrow range between 0.1313 and 0.1330 from 16:00 ET to 04:30 ET, forming a consolidation pattern. A key breakout occurred at 04:30 ET when STRKUSDT surged past 0.1338, forming a bullish engulfing pattern that confirmed a shift in sentiment. A strong bearish divergence appeared earlier at 01:30 ET, with the price hitting 0.1295 and volume dipping to a 24-hour low, suggesting oversold conditions. A notable doji formed at 00:45 ET, highlighting indecision near the 0.1324 level.

Moving Averages

On the 15-minute chart, the 20-period MA (0.1326) crossed above the 50-period MA (0.1321), indicating a short-term bullish bias. The daily chart shows the 50-period MA at 0.1328 and the 200-period MA at 0.1312, suggesting a longer-term bullish bias. The 100-period MA at 0.1324 also supports a higher bias. A crossover of the 50-period MA above the 200-period MA could signal a stronger bullish case for the next 24 hours.

MACD & RSI

The 15-minute MACD turned positive around 04:30 ET, confirming the bullish breakout. RSI rose above 50 at 04:15 ET and hit 67.8 at 05:15 ET, signaling overbought conditions but not extreme. A bearish divergence in RSI was seen at 01:30 ET, coinciding with a price low at 0.1295. The RSI did not show a top at the 05:15 ET high, suggesting room for further upward movement.

Bollinger Bands

Bollinger Bands widened significantly after 04:30 ET as volatility increased, with the upper band reaching 0.1349. Price closed above the upper band at 05:15 ET, showing a strong break. Prior to this, price remained within a tight band between 0.1313 and 0.1324 from 16:00 ET to 04:15 ET, suggesting a period of consolidation before the breakout.

Volume & Turnover

Volume increased markedly after 04:30 ET, with the largest 15-minute volume at 05:15 ET (706,217.15 STRK), corresponding to a notional turnover of $97,000 at 0.1353. Volume was unusually low at 01:30 ET (921,228.55 STRK) as price hit 0.1295, supporting a bearish divergence. Turnover and volume aligned well with price movements after the breakout, confirming bullish momentum.

Fibonacci Retracements

Fibonacci retracement levels were applied to the 15-minute move from 0.1295 to 0.1353. The 61.8% retracement level came in at 0.1329, and the 78.6% level at 0.1348. Price reached 0.1353 near the 78.6% level, suggesting a potential short-term reversal zone. On the daily chart, the 61.8% retracement of the broader move would be a key area to watch for a potential pullback.

Backtest Hypothesis

The described backtesting strategy appears to align well with the observed price action, particularly the breakout pattern confirmed by strong volume and RSI. The key assumptions are that a breakout above the upper Bollinger Band will be followed by a continuation of the trend and that Fibonacci retracement levels will act as support for a potential pullback. If the 61.8% retracement level (0.1329) holds, a bounce back toward the 0.1348–0.1353 range could be expected. A failure to hold this level might signal a deeper consolidation phase ahead.