Market Overview for Usual/Tether (USUALUSDT) — 24-Hour Analysis

• USUALUSDT rose 0.44% in 24 hours, trading between 0.0501 and 0.0552 with moderate volatility.
• Momentum shifted mid-day, with RSI hitting overbought territory before retracing.
• Bollinger Bands showed contraction early, followed by expansion as volume surged.
• Late-night buying pressure pushed price above key 15-min and daily Fibonacci levels.
• Turnover increased by 20% in the last 6 hours, suggesting potential accumulation.

Usual/Tether (USUALUSDT) opened at 0.0504 on 2025-09-26 12:00 ET and closed at 0.0529 on 2025-09-27 12:00 ET. The 24-hour range spanned from a low of 0.0501 to a high of 0.0552, with total trading volume of 53,641,883.64 and notional turnover of approximately 2,750,557.80 USD. Price action showed a clear upward bias late in the session.

Structure & Formations

Price formed a strong bullish engulfing pattern between 2025-09-26 20:15 and 2025-09-26 20:30, confirming a short-term reversal from bearish to bullish momentum. A key support level at 0.0512 and a resistance at 0.0527 were tested and held. A doji appeared at 0.0513 on 2025-09-26 21:15, indicating indecision, though buyers retook control shortly after.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed in a bullish “golden cross” at 0.0515 during late trading on 2025-09-26, reinforcing the bullish signal. On the daily chart, the 50-period moving average at 0.0518 is currently below the 200-period at 0.0523, suggesting a potential long-term consolidation phase.

MACD & RSI

The 12-26-9 MACD line crossed above the signal line at 0.0517 during the night, signaling a bullish momentum shift. RSI hit 70 on 2025-09-27 06:30, indicating overbought territory, though it pulled back to 62 by close, suggesting potential for further upside. RSI may test 70 again in the next 24 hours if buying pressure continues.

Bollinger Bands

Bollinger Bands showed a period of contraction in the early morning, with price consolidating around the 0.0513–0.0515 range. This was followed by a sharp expansion as price broke above the upper band at 0.0527. The current upper band sits at 0.0532 and the lower at 0.0525, indicating moderate volatility and potential for a breakout or continuation pattern.

Volume & Turnover

Volume spiked in two key areas: first at the 0.0515–0.0518 consolidation and again in the final 4 hours of the session. Notional turnover increased by nearly 20% in the last 6 hours, aligning with price and confirming accumulation. A minor divergence appeared between price and volume at 0.0518–0.0515, but it was quickly resolved as volume surged again.

Fibonacci Retracements

Applying Fibonacci levels to the 0.0515–0.0552 swing, 38.2% (0.0531) and 61.8% (0.0540) levels were tested during the late morning and early afternoon. Price closed just below 0.0532, suggesting a possible retest of 0.0535 in the next 24 hours. Daily Fibonacci levels from 0.0512 to 0.0552 show 0.0533 as the next key target.

Backtest Hypothesis

A potential backtesting strategy involves entering long on a bullish engulfing pattern confirmation, with a stop-loss set below the previous swing low and a take-profit at 38.2% and 61.8% Fibonacci retracement levels. This approach aligns with the observed price behavior on 2025-09-26 20:15–20:30 and was reinforced by MACD and RSI signals. Backtesting across similar 15-minute intervals in volatile altcoin pairs may offer insights into the pattern’s predictive power and risk-reward ratio in the short term.