Market Overview for VeThor Token/Tether (VTHOUSDT) – 24-Hour Analysis as of 2025-10-03

• VTHOUSDT posted a modest bullish close amid a volatile 24-hour range from $0.001649 to $0.001695.
• Momentum accelerated during the early ET hours, with RSI briefly entering overbought territory before retracing.
• Volume surged during the $0.00168–$0.001695 consolidation phase, showing strong participation.
• Price bounced off a key support level at $0.001670 and tested critical resistance at $0.001690.
• Bollinger Bands expanded mid-day, reflecting heightened volatility and potential for further movement.

VeThor Token/Tether (VTHOUSDT) opened at $0.00165 on October 2, 2025 (12:00 ET – 1) and reached a high of $0.001695 during the 24-hour period, before settling at $0.00166 at 12:00 ET on October 3. The pair traded within a $0.000046 range, with a total volume of 92,945,383.0 and a notional turnover of $154.38 million. The market demonstrated both aggressive buying and selling pressure across key psychological levels.

Structure & Formations

VTHOUSDT displayed multiple key support and resistance clusters during the 24-hour period. The most notable support level was identified at $0.001670, where the price bounced twice, confirming its role as a floor. Resistance at $0.001690 was tested multiple times but failed to break decisively. A bullish engulfing pattern was observed around 16:15–16:30 ET, while a bearish harami pattern emerged near the high at $0.001695. The formation of these patterns suggests a tug-of-war between buyers and sellers, with bulls attempting to push the price back toward the upper end of the range.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were in bullish alignment for most of the day, indicating a short-term positive bias. However, the 50SMA began to flatten in the afternoon as bearish pressure re-emerged, suggesting a possible correction. On the daily chart, the 50/100/200 SMA structure remained broadly bullish, with the price sitting above all three. This suggests that while short-term volatility is in play, the longer-term trend remains intact for now.

MACD & RSI

The MACD line showed a positive divergence in the morning, followed by a bearish crossover in the afternoon, signaling potential exhaustion in the bullish momentum. The RSI peaked above 70 in the early hours, indicating overbought conditions, and later dropped below 60 as selling pressure increased. These signals suggest that traders are becoming cautious, and a period of consolidation may be ahead unless a strong break above $0.001690 materializes.

Bollinger Bands

Bollinger Bands expanded significantly during the afternoon, with the price fluctuating close to the upper band for several hours, reflecting heightened volatility. This expansion often precedes a breakout or a reversal, so investors should monitor key levels such as $0.001670 and $0.001690 for potential direction. The price ended the day within the bands but near the middle, suggesting that volatility may moderate in the short term.

Volume & Turnover

Volume increased dramatically in the hours following 19:00 ET, coinciding with the $0.00168–$0.001695 consolidation phase. This surge in volume was accompanied by a rise in notional turnover, suggesting strong conviction in the bullish move. However, as the price approached $0.001690, volume began to taper off, indicating that the buying pressure might be waning. A divergence between price and volume could signal a potential reversal or consolidation in the near term.

Fibonacci Retracements

Fibonacci levels drawn from the $0.001649 to $0.001695 swing identified key retracement levels at $0.001677 (38.2%) and $0.001670 (61.8%). The price tested the 61.8% level twice before rebounding, suggesting that this area could act as a strong support or pivot point for future trading sessions. On the daily chart, the 50% retracement level remains untested, offering a potential target for bulls attempting a breakout.

Backtest Hypothesis

A potential backtesting strategy could focus on using the Fibonacci 61.8% level as a key entry trigger for long positions, given its repeated role as a support level. Paired with a RSI crossover above 50 and a bullish engulfing pattern, the strategy could aim to capture a retracement move back toward the 38.2% level or higher. Stop-loss placement would be at the 23.6% retracement level or below the consolidation base formed during the afternoon. A trailing stop above the $0.001680–$0.001685 range could help lock in gains as the price moves upward. Given the high volume observed near this range, such a strategy may offer favorable risk-reward potential for the next 24–48 hours, provided the price remains above $0.001670.