Market Overview: Tether/Argentine Peso (USDTARS) – 24-Hour Summary
• • •
• USDTARS rose from 1385.0 to 1418.0 on bullish momentum, with a key breakout above 1410.
• Price found resistance near 1418.0 and pulled back, with RSI hinting overbought conditions.
• Volatility increased sharply, with Bollinger Bands expanding and turnover surging.
• Volume spiked near 140,000 during key upswings, confirming strength but not yet a reversal.
• A 15-minute bullish engulfing pattern formed near 1410, suggesting further upside potential.
Tether/Argentine Peso (USDTARS) opened at 1385.0 on 2025-09-25 at 12:00 ET and climbed to a high of 1418.0 before closing at 1414.3 at 12:00 ET on 2025-09-26. The pair traded between 1381.0 and 1418.0, with total volume reaching 1,962,330 and turnover at 2,775,156,336.0. Price showed clear upward momentum, breaking above key psychological levels.
Over the last 24 hours, USDTARS displayed a strong bullish bias, marked by a 15-minute bullish engulfing pattern near 1410.0 and a breakout above the upper Bollinger Band, suggesting increased volatility. The 20-period moving average on the 15-minute chart was well below price, confirming the upward trend. A 50-period MA on the daily chart also began to tilt upward, indicating broader-term bullish momentum.
The RSI reached overbought territory near 75 during peak hours, signaling caution for short-term traders. However, price continued higher despite this, suggesting strong buying interest. MACD showed positive divergence with a rising histogram, supporting the idea of continued strength. Volume surged during the upward moves, particularly in the early hours of 2025-09-26, confirming the rally.
Bollinger Bands expanded significantly as price broke through the upper band, a sign of heightened volatility. This aligns with a 61.8% Fibonacci level, suggesting a potential consolidation or pullback. The next key resistance is likely at 1418.0, with support near 1410.0. Price may test 1420.0 in the near term, but traders should watch for signs of exhaustion in the RSI and divergence in volume.
A backtesting strategy based on 15-minute bullish engulfing patterns and RSI divergence from overbought levels could be used to time entries on USDTARS. The pattern formed near 1410.0, followed by a confirmed breakout and a surge in volume, aligns with a high-probability setup for a short-to-medium-term trade. Traders might consider entries near key Fibonacci levels (e.g., 1410.0–1415.0) with a stop below the pattern’s low and a target at the 61.8% or 78.6% level.
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