Market Overview for Viction/Tether (VICUSDT) as of 2025-11-06

Summary
• VICUSDT opened at $0.1197, reached a high of $0.1279, and closed at $0.1195, amid $11.3M in volume.
• Price tested a bullish breakout on 05:00 ET but failed to hold, retreating into a bearish consolidation.
• Volatility spiked midday, aligning with a 15-min RSI divergence and a bearish MACD crossover.

Viction/Tether (VICUSDT) opened at $0.1197 on 2025-11-05 at 12:00 ET, reached a high of $0.1279 during the session, and closed at $0.1195 by 12:00 ET on 2025-11-06. The 24-hour notional volume totaled approximately $11.3 million, with a turnover of around $1.6 billion based on the dataset. Price action displayed clear volatility, particularly following a 15-minute candle on 2025-11-06 at 09:15 ET, where price surged from $0.1214 to a high of $0.1229 before a sharp correction.

Structure & Formations

Key resistance levels emerged around $0.1225 and $0.1245, with a bearish engulfing pattern developing after the 09:45 ET high. Support appeared near $0.1195–$0.1200, where price found a temporary floor during the late afternoon. A doji formed at 11:15 ET, signaling indecision after a short rebound. The price remains in a tight consolidation phase near the 61.8% Fibonacci level of the 09:15–10:15 ET move.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed bearishly, confirming downward momentum. On the daily timeframe, the 50- and 200-period moving averages are trending lower, aligning with a weak bearish bias. Price remains below both key lines, suggesting a continuation of the downtrend unless a strong reversal candle forms.

MACD & RSI

The 15-minute MACD crossed bearishly during the 10:15–10:30 ET time frame, coinciding with a sharp drop. RSI dipped into oversold territory briefly around 12:00 ET, but failed to generate a bullish divergence. The momentum remains bearish, with price action lagging behind the MACD histogram. RSI-14 data is not available for backtesting due to an error, but short-term momentum remains weak.

Bollinger Bands

Volatility expanded during the early hours as price broke out of a narrow band, reaching the upper channel by 09:15 ET. However, the subsequent correction brought it back to the lower band, where it consolidated for most of the day. A contraction occurred midday, followed by a mild expansion after the 11:30 ET candle. Price has remained within the bands, with no clear breakout signal at this time.

Volume & Turnover

Volume spiked at key turning points, notably during the 09:15 ET candle and the 10:15 ET pullback. Turnover diverged slightly from price during the 05:15–06:00 ET session, with a high volume of trades but minimal price movement. This divergence could indicate a potential reversal if confirmed by a bullish candle in the next 24 hours.

Fibonacci Retracements

The 61.8% Fibonacci level of the 09:15–10:15 ET swing ($0.1279 to $0.1210) sits at $0.1197, which aligns closely with the current price. A break below this level could target the 78.6% retrace near $0.1180. On the daily chart, key support appears at $0.1170, where a prior low was seen.

Backtest Hypothesis

To refine a backtest strategy for VICUSDT, the precise trading symbol (e.g., “VIC/USDT”) and the exchange (e.g., Binance) must be confirmed. The RSI-14 and MACD signals suggest a bearish bias, but a valid backtest requires accurate historical data. Once the correct ticker and exchange are identified, the strategy can be validated against prior bearish setups, such as the 10:15–10:30 ET MACD crossover.