Market Overview for Syscoin/Tether (SYSUSDT): October 14, 2025
• • •
Summary
• Price declined 24 hours from $0.03278 to $0.03077, down 5.8%, with a low of $0.03026 and a high of $0.03355.
• Volume spiked during a 15-minute candle on 2025-10-13 18:30 ET with a high of $0.03355 and volume of 4.8M.
• RSI hit 28 mid-day, signaling oversold conditions, but a rebound failed to hold above key resistance at $0.0328.
• Volatility expanded during the selloff, with price falling outside lower Bollinger Bands multiple times.
• Turnover diverged from price during the late-night decline, suggesting reduced conviction in the bearish move.
Syscoin/Tether (SYSUSDT) opened at $0.03278 on October 13 at 12:00 ET and closed at $0.03077 the following day, reaching a high of $0.03355 and a low of $0.03026. Total volume over the 24-hour period was 85.3 million, with notional turnover totaling approximately $2.76 million. The pair exhibited bearish momentum amid a broad selloff and diverging volume dynamics.
Structure & Formations
Price action showed a bearish exhaustion pattern in the final 6–8 hours of the 24-hour window, with a breakdown below key support at $0.0325 triggering a larger decline. A doji at $0.0312 and a bearish engulfing pattern at $0.0323–$0.0316 signaled weakening bullish sentiment. Resistance at $0.0328 and $0.0331 repeatedly failed to hold, suggesting potential bearish continuation in the near term.
Moving Averages
The 20-period and 50-period moving averages on the 15-minute chart crossed bearishly, confirming downward momentum. On the daily chart, price remains below the 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish bias over the medium term. A crossover above $0.0328 may test the 50-day line for a potential short-term reversal signal.
MACD & RSI
MACD turned negative in the early hours of October 14, with bearish divergence forming as price hit lows while the histogram remained elevated. RSI dropped into oversold territory at 28, briefly rebounding but failing to reclaim key resistance. This suggests buyers remain cautious, and a rebound may only be short-lived unless accompanied by a strong volume confirmation.
Bollinger Bands
Volatility expanded during the selloff, with price repeatedly touching the lower band and failing to rebound strongly. A contraction occurred prior to the breakdown at $0.0325, hinting at a potential breakout. The current wide band structure suggests ongoing uncertainty, with a retest of the upper band at $0.0328 likely to fail without a sharp volume spike.
Volume & Turnover
Volume spiked during the midday rally (e.g., 4.8M at $0.03355) but dropped sharply during the late-night selloff, indicating waning conviction. Turnover diverged from price during the decline, with reduced volume at new lows suggesting the bearish move may lack further legs. A bullish reversal may require a strong volume surge at a key support level.
Fibonacci Retracements
Fibonacci levels for the 15-minute swing from $0.03355 to $0.03026 show 38.2% at $0.03207 and 61.8% at $0.03163, both of which were tested but failed to hold. On the daily chart, the 50% retracement of the broader bearish move from $0.03341 to $0.03026 sits at $0.03183, a level that could attract renewed interest if the pair rebounds.
Backtest Hypothesis
Given the recent bearish divergence and RSI oversold conditions, a potential backtest could leverage an RSI-based mean-reversion strategy. For example, using a 14-period RSI < 30 as a long entry signal on SYSUSDT, with a fixed 3-day holding period and a stop-loss at the previous 3-day low, could offer a testable hypothesis for short-term traders. This approach would align with the observed volatility and overbought/oversold dynamics seen in the 24-hour data. A broader implementation could test multiple tickers like HOLD.P or include additional risk controls such as trailing stops or profit targets to refine performance metrics.
Descifrar los patrones de mercado y desarrollar estrategias de negociación rentables en el ámbito de las criptomonedas.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet