Market Overview for Voxies/Tether (VOXELUSDT) on 2025-10-26

• • •
• Price tested key resistance near $0.0403 before consolidating.
• Volatility increased in the overnight session, with volume spiking over 500,000.
• A bullish breakout attempt was followed by a bearish correction into the 24-hour close.
• RSI appears overbought in the late morning but remains within neutral to high momentum.
• Bollinger Bands widen after 5 PM ET, signaling potential for a continuation move.

Voxies/Tether (VOXELUSDT) opened at $0.0398 on 2025-10-25 at 12:00 ET, touched a high of $0.0409 during the 24-hour period, and closed at $0.0409 on 2025-10-26 at 12:00 ET. The total volume traded was 5,112,644.1 units, with a notional turnover of $204,194.6. The pair showed a mixed bias with bearish pressure followed by a bullish close in the final candle.

The price action on the 15-minute chart displayed a series of higher highs and lower lows in the early evening, followed by a consolidation phase during the late hours of the previous day. A key resistance level at $0.0403 was tested multiple times, but a strong bullish candle near 9 PM ET pushed the price above this level. However, a bearish engulfing pattern formed around 5 AM ET as price reversed from $0.0403 to close near $0.0399 in the next session. A bullish engulfing pattern at 10 AM ET confirmed the reversal back to the $0.0403–$0.0409 range.

Structure & Formations

The structure on the 15-minute chart shows a series of alternating bullish and bearish candles, with no clear trend emerging before 7 PM ET. A key support level at $0.0401 was tested in the early morning before the price moved higher. A doji formed at 1 AM ET, suggesting indecision in the market, while a large bearish candle at 2 AM ET confirmed bearish pressure. The bearish engulfing candle at 5 AM ET indicates a possible short-term top before the price moved higher again.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart intersected around $0.0402, with the price crossing above the 50-period MA at 8 PM ET and remaining above it until the close. This crossover suggests a bullish bias in the near-term. On the daily chart, the 50-period MA remains above the 100-period and 200-period MAs, but the 50-period MA is showing signs of flattening, indicating a potential reversal in the longer-term trend.

MACD & RSI

The MACD histogram showed a bullish divergence during the early hours, with the MACD line crossing above the signal line at 4 AM ET. RSI remained in overbought territory between 60–75 during the morning session, suggesting momentum could run out. A bearish crossover in the MACD occurred at 11 AM ET, aligning with the price correction from $0.0409 to $0.0403. RSI pulled back to neutral territory after 6 PM ET, suggesting the bullish momentum may be exhausting.

The RSI is currently in overbought territory at 69, indicating potential for a correction or pullback. However, the price has remained above key support levels, suggesting buyers are still active.

Bollinger Bands

Bollinger Bands expanded significantly after 5 PM ET as price moved from the lower band to near the upper band by the end of the session. The upper band reached $0.0409, with the price closing at that level. This expansion in volatility suggests a potential breakout or continuation move. If the price breaks above the upper band, the next resistance is at $0.0412. A break below the middle band of $0.0405 would signal a potential bearish reversal in the near term.

Volume & Turnover

Volume spiked to over 500,000 units at 5 PM ET, supporting the move toward $0.0409. A divergence in volume and price occurred at 5 AM ET, with the price moving lower while volume remained above average. This divergence suggests a potential bearish reversal in the short term. However, the final bullish candle at 11:45 AM ET shows a volume of 80,926.1 units, confirming the bullish close.

Fibonacci Retracements

Fibonacci retracements for the recent 15-minute swing from $0.0396 to $0.0409 show key levels at 38.2% ($0.0403) and 61.8% ($0.0406). Price tested the 38.2% level multiple times during the session before moving to the 61.8% level in the final hours. The 50% level at $0.0402 acted as a support zone in the early morning, with price bouncing off it to move higher.

Backtest Hypothesis

Given the observed overbought RSI condition and the bullish closing candle, a short-term backtesting strategy could be based on identifying overbought conditions and triggering short entries. The 14-day RSI would act as the primary signal, with overbought conditions (RSI > 70) used to flag potential short opportunities. A trailing stop loss could be placed below the most recent swing low to manage risk, and a profit target could be set at the next Fibonacci support level. This approach could be tested with historical price data to assess its effectiveness over time.