Market Overview for Viction/Tether (VICUSDT) as of 2025-09-21 12:00 ET

• VICUSDT traded in a 24-hour range of $0.2290–$0.2365, with late-day strength pushing the 12:00 ET close above key levels.
• Momentum accelerated midday, with volume spiking near the $0.2340–0.2350 region, confirming bullish participation.
• Price formed a bullish breakout from a descending channel on 15-minute charts, supported by expanding Bollinger Bands.
• RSI showed overbought conditions at close, while volume and turnover aligned with price action, suggesting strong conviction.
• A consolidation phase may follow, but the 20SMA and 50SMA are aligned higher, offering structural support for further gains.

Viction/Tether (VICUSDT) opened at $0.2320 on 2025-09-20 12:00 ET, reached a high of $0.2365, and closed at $0.2313 by 12:00 ET on 2025-09-21. The pair traded in a tight 15-minute range through the early morning before a late-day rally. Total volume for the 24-hour period was 3,148,603.99, with notional turnover totaling $716,833.80, showing increased participation in the final hours of the window.

Structure & Formations

The 15-minute chart displayed a strong bullish bias as price broke above a descending channel with a target at $0.2345–0.2350. Key support levels formed at $0.2310 and $0.2305, while resistance emerged at $0.2340 and $0.2350. A bullish engulfing pattern was visible around 09:15 ET, which preceded a sharp rally. A doji candle formed at 04:30 ET during consolidation, suggesting indecision before the breakout.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart are trending upwards, indicating a short-term bullish bias. The daily chart shows both the 50-period and 200-period moving averages aligning higher, reinforcing the trend. The price is currently trading above both the 50 and 200-day averages, suggesting a medium-term bullish setup.

MACD & RSI

The MACD showed a positive divergence in the final hours, with the histogram expanding in line with the rally. RSI reached overbought territory (~75) at the close, indicating potential for a near-term pullback or consolidation phase. However, the RSI divergence aligns with bullish volume spikes, suggesting continued buying pressure may persist through the next 24 hours.

Bollinger Bands

Bollinger Bands expanded significantly during the rally from $0.2310 to $0.2365, indicating rising volatility. The price closed just below the upper band at $0.2365, showing strong momentum. A retest of the upper band or a pullback to the 20SMA could offer further trading opportunities.

Volume & Turnover

Volume increased sharply during the 09:15–10:45 ET window, coinciding with the breakout. Notional turnover surged during the same period, reaching ~$1.5M in the 09:15–09:30 ET timeframe. The correlation between volume and price movement is strong, suggesting the rally is backed by institutional or large-cap investor activity.

Fibonacci Retracements

On the 15-minute chart, the price reached the 61.8% Fibonacci retracement level during the breakout. Daily Fibonacci levels show the current price is near the 50% retracement of the recent downward swing, making it a critical level to monitor. A break above $0.2350 would target the 78.6% level at $0.2370.

Backtest Hypothesis

The described backtesting strategy involves a trend-following setup that triggers a long position when the price crosses above both the 20SMA and 50SMA on the 15-minute chart, with a stop-loss placed below the nearest support level and a take-profit at the 61.8% Fibonacci extension of the recent swing. During the 2025-09-20 19:30–20:30 ET window, a similar setup could have captured a significant portion of the rally toward $0.2365. The strategy appears to align well with the observed price structure and momentum signals. However, its success depends on maintaining a favorable risk-reward profile and avoiding overbought conditions in the short term.