Market Overview for Viction/Tether (VICUSDT) on 2025-10-03

• VICUSDT traded between $0.2193 and $0.2283, closing near $0.2255 with increased volatility and volume.
• Key support levels appear near $0.2240–$0.2220, while resistance is likely in the $0.2265–$0.2280 zone.
• A bullish breakout was attempted near $0.2265 but failed, showing mixed momentum.
• Volume surged during the $0.2265–$0.2250 consolidation, suggesting accumulation.
• RSI hovered near 50, with no clear overbought or oversold signals, indicating balanced action.

Opening Summary

Viction/Tether (VICUSDT) opened at $0.2198 on 2025-10-02 at 12:00 ET and reached a high of $0.2283 before closing at $0.2255 on 2025-10-03 at 12:00 ET. The 24-hour period saw total trading volume of 2,804,217.85 and a notional turnover of $627,742.85. The price action displayed clear consolidation and attempts at breakout, with significant volume spikes in the late hours of the session.

Structure & Formations

Price formed a bullish flag pattern between $0.2265 and $0.2250, supported by volume surges. A key support area emerged near $0.2240–$0.2220, where the price found multiple rejections. A bearish engulfing pattern was observed around $0.2265–$0.2250, suggesting short-term uncertainty. Additionally, a doji at $0.2264–$0.2255 highlighted indecision.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages (20SMA and 50SMA) both trended upward, with the price bouncing off the 50SMA at key points. On the daily chart, the 50DMA was at approximately $0.2235, and the 200DMA at $0.2200. The price is trading above both, indicating a continuation of a medium-term bullish trend.

MACD & RSI

The MACD histogram showed mixed momentum, with positive divergence during the $0.2265–$0.2250 range. RSI oscillated between 50 and 60, suggesting balanced action without clear overbought conditions. However, a bearish divergence appeared during the consolidation phase, hinting at potential downward pressure.

Bollinger Bands

Bollinger Bands showed moderate expansion during the consolidation phase, with price trading near the middle band for much of the session. A brief expansion occurred during the $0.2265–$0.2250 range, indicating increased volatility. The price remained within the bands throughout, avoiding extreme overbought or oversold territory.

Volume & Turnover

Volume spiked during the consolidation phase, with the highest 15-minute volume of 673,716.23 at $0.2214–$0.2264. Turnover also increased significantly in the same area, aligning with price action and confirming accumulation. Divergences were noted when volume failed to confirm breakout attempts above $0.2265.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing, key retracements were observed at 38.2% ($0.2250) and 61.8% ($0.2243). The 38.2% level held during the consolidation phase, while the 61.8% level saw a temporary rejection, indicating strong short-term support.

Backtest Hypothesis

Given the observed structure and Fibonacci levels, a potential backtesting strategy could involve entering long positions on a bullish breakout above the $0.2265–$0.2250 consolidation range, with a stop-loss just below $0.2243 and a target at $0.2283–$0.2300. A short position could also be considered on a breakdown below $0.2243, with a stop-loss near $0.2265. This aligns with the key support and resistance levels identified, as well as the volume and momentum signals observed in the MACD and RSI.