Market Overview for Tether/Hryvnia (USDTUAH): 24-Hour Analysis

• USDTUAH opened at 42.81 and closed at 42.80, with a 24-hour low of 42.59 and a high of 42.85.
• Price formed a bearish inside bar during the 17:00–18:00 ET window, signaling potential short-term bearish momentum.
• A key support level appears near 42.75–42.77, with a resistance cluster between 42.82 and 42.85.
• Average volume of 1,584.65 and total turnover of UAH 63,675.68 suggest moderate trading activity.

Opening and Closing Summary

Tether/Hryvnia (USDTUAH) opened at 42.81 on 2025-09-10 at 12:00 ET and closed at 42.80 on 2025-09-11 at 12:00 ET. The 24-hour range reached a high of 42.85 and a low of 42.59. Total volume for the 24-hour period was 72,908.0, and total turnover amounted to approximately UAH 63,675.68, based on weighted average prices.

Structure & Formations

The 15-minute chart for USDTUAH displayed a bearish inside bar formation between 17:00 and 18:00 ET, suggesting a possible short-term reversal or consolidation. A bearish engulfing pattern formed around 17:45–18:00 ET, signaling bearish momentum. Key support appears to be in the 42.75–42.77 range, where the price found multiple times during the session. Resistance is clustered between 42.82 and 42.85, where the price frequently stalled or reversed.

Moving Averages and MACD

On the 15-minute chart, the 20-period and 50-period moving averages suggest a sideways trend, with price oscillating between them. The 50-period line is slightly above the 20-period line, indicating a neutral to slightly bearish bias. MACD remains in a bearish crossover, with the histogram showing decreasing bearish momentum during the later hours of the session.

RSI, Bollinger Bands, and Volume

RSI oscillated between 50 and 60 most of the session, showing no clear overbought or oversold conditions, though it dipped into oversold territory briefly near the 42.75 level. Bollinger Bands showed a moderate expansion during the morning and afternoon, narrowing as price consolidated toward the close. Volume was highest during the 17:00–19:00 ET window, with turnover rising alongside bearish price action. No significant price-volume divergences were observed, indicating price and flow remained aligned.

Fibonacci Retracements

Applying Fibonacci retracements to the 15-minute low (42.59) and high (42.85), the 38.2% retracement level falls around 42.72, and the 61.8% level is near 42.78. The price found support at both levels during the session, suggesting they could act as key zones for near-term price action. On the daily chart, retracement levels for the prior 48-hour swing show 42.73 as a strong support and 42.82 as a resistance level.

Backtest Hypothesis

A potential backtesting strategy for USDTUAH could involve a mean reversion approach based on the observed behavior of price finding support and resistance within defined Fibonacci and Bollinger Band ranges. A long position could be entered when the price closes above the 42.77 support level and the RSI breaks above 50 with increasing volume, while a short position could be initiated upon a breakdown below 42.75 with a bearish MACD crossover. Given the moderate volatility and consistent support/resistance zones, this strategy could be tested over the next 14 days using 15-minute chart data, with trailing stop-loss levels set at the nearest Fibonacci retracement levels to manage risk.