Market Overview for VeThor Token/Tether (VTHOUSDT) as of 2025-10-22

• VeThor Token/Tether (VTHOUSDT) experienced a bearish 24-hour trend, closing near the day’s low.
• Price action showed a strong downtrend with a 0.001295–0.001210 range, indicating bearish momentum.
• Key support at 0.001210–0.001220 tested multiple times; no strong reversal signs.
• Volume picked up toward the end of the session, but not enough to reverse the bearish trend.
• Bollinger Bands suggest a potential retest of the lower band, with low volatility expected.

VeThor Token/Tether (VTHOUSDT) opened at 0.001284 at 12:00 ET–1 and traded between 0.001295 (high) and 0.001201 (low) during the 24-hour period, closing at 0.001214 at 12:00 ET. Total volume was 76,137,215.0 and notional turnover was 619.89. The market remained bearish throughout the session with price consolidating below the 0.001220 level.

Over the 15-minute chart, VTHOUSDT formed a strong bearish trendline from 0.001295 to 0.001210. Several key patterns, including the bearish engulfing pattern, appeared during the 17:00–19:30 ET window, reinforcing the downtrend. A large bearish candle on the 21:30–21:45 ET timeframe marked a significant drop of 2.2%, confirming a shift in sentiment. The 0.001210–0.001220 zone is showing strong bearish control with no signs of a reversal at this stage.

On the 20-period and 50-period moving average lines for the 15-minute chart, price remains well below both, suggesting continued bearish momentum. The 50-period MA is now at ~0.001235, indicating a potential resistance overhead. The 20-period MA has fallen to ~0.001225, reinforcing the bearish bias. On the daily chart, 50/100/200-period MAs are likely aligned bearishly, with VTHOUSDT trading below all of them.

The MACD line has moved lower, maintaining a bearish crossover below the signal line. RSI is in the 30–40 range, suggesting oversold conditions, though no strong bounce has occurred yet. Bollinger Bands are tightening slightly, pointing to a potential consolidation phase or a breakout attempt. Price is currently near the lower Bollinger Band, which may act as a support level in the short term.

Volume and notional turnover surged in the 21:30–22:30 ET window as price approached the 0.001210–0.001220 range, indicating heightened bearish activity. However, price failed to sustain any upward movement beyond the 0.001220–0.001230 level. No divergence was observed between volume and price, suggesting continued alignment of sentiment. The 24-hour volume of 76,137,215.0 is relatively low compared to the 14-day average, signaling limited interest from large participants during the session.

Fibonacci retracements drawn from the 0.001295 (2025-10-21 16:00) high to the 0.001210 (2025-10-22 00:45) low show the 61.8% level at ~0.001243 and the 38.2% at ~0.001258. Price has remained below the 50% retracement level (~0.001252), and the next key support to watch is the 0.001210 level. Any retest of the 0.001220–0.001230 zone may trigger a bounce but is unlikely to confirm a reversal unless volume increases significantly.

The backtesting hypothesis is based on the 14-period RSI for VTHOUSDT, which could not be computed due to data unavailability. This aligns with the observed RSI behavior in the current period, which has shown oversold conditions but no reversal. The strategy would need a functioning RSI to confirm entry signals, and the data discrepancy should be addressed before any test. If the RSI is available, a 3-day holding strategy could be tested using key levels identified in the Fibonacci and moving average analysis.