Market Overview for World Liberty Financial USD/Tether (USD1USDT) – 24-Hour Summary

• Price action remained range-bound between 0.9983 and 1.0006, with no clear directional bias.
• RSI showed overbought and oversold conditions, but no sustained breakout momentum developed.
• Volume spiked during a late-night surge but failed to confirm follow-through in subsequent sessions.
• Volatility expanded briefly around 20:30–22:30 ET before retreating into consolidation.
• Turnover increased significantly during key price moves but did not drive lasting trends.

World Liberty Financial USD/Tether (USD1USDT) opened at 0.9992 on 2025-10-10 12:00 ET and closed at 0.9990 by 12:00 ET on 2025-10-11, with a high of 1.0006 and a low of 0.9983. Total volume for the 24-hour period amounted to 203,190,311.00, with notional turnover reaching 202,635.90. Price action remained range-bound, with no clear bullish or bearish breakout.

Structure & Formations

Price action formed a tight trading range between 0.9983 and 1.0006 over the 24-hour period, with 0.9990 acting as a key psychological pivot. A small-bodied bullish candle formed around 21:45 ET, signaling a temporary reversal attempt, while a bearish engulfing pattern emerged around 00:30 ET, indicating renewed selling pressure. No strong reversal or continuation candlestick patterns emerged, suggesting indecision in the market. A 38.2% Fibonacci retracement level from the 0.9983 to 1.0006 swing came in near 0.9993, which held as a minor resistance.

Moving Averages and MACD

On the 15-minute chart, the 20-period and 50-period moving averages converged around 0.9992–0.9993, reflecting a period of consolidation. The 50-period MA held as a soft support, preventing deeper correction into the 0.9990–0.9988 range. The MACD histogram showed alternating positive and negative momentum, with no clear divergence developing. On the daily chart, the 50-period MA sat slightly above the 200-period MA, indicating a neutral to slightly bearish bias, though no decisive crossover occurred during the 24-hour period.

RSI and Bollinger Bands

The 14-period RSI oscillated between 30 and 70, with no extended overbought or oversold readings. A brief overbought condition occurred around 21:45 ET, but failed to trigger a breakout. RSI later tested oversold territory near 0.9986 before bouncing back toward the midline. Bollinger Bands showed a moderate expansion during the 20:30–22:30 ET window, reflecting increased volatility, but price remained within the bands without forming a breakout pattern. The 20-period upper band sat around 1.0005, and the lower band near 0.9985, with price spending most of the day in the middle third of the range.

Volume and Turnover

Trading volume spiked significantly during the 20:30–22:30 ET window, reaching as high as 6,336,705.00, and again during the 01:45–02:30 ET window, with volumes exceeding 20 million. Notional turnover increased in tandem, reaching a peak of $186,321.20 during the 23:45–00:00 ET session. However, despite the high volume, price failed to close meaningfully higher or lower, indicating a lack of conviction in either direction. This volume–price divergence suggests that large orders may have been liquidity-consuming rather than directional.

Fibonacci Retracements

Applying Fibonacci retracements to the 0.9983–1.0006 swing, the 38.2% level at 0.9993 and the 61.8% level at 0.9989 provided reference points for potential support and resistance. Price tested 0.9993 twice during the session—once during a bullish rebound and again during a failed bounce—suggesting it may act as a key level in the near term. On the daily chart, a major swing from 0.9990–1.0006 implies a 61.8% retracement level at 0.9992, reinforcing the idea that this area could be pivotal in the next 24 hours.

Looking ahead, the next 24 hours may see renewed volatility if price breaks out of the 0.9983–1.0006 range. A close above 1.0006 could signal stronger bullish momentum, while a drop below 0.9983 may trigger further consolidation or even a short-term reversal. Investors should closely monitor the 0.9993–0.9990 range for key support and resistance, with volume and RSI confirming any directional move. As always, the market remains vulnerable to sudden liquidity shifts or macroeconomic news.

Backtest Hypothesis

The backtest strategy involves entering a long position when the 15-minute 20-period MA crosses above the 50-period MA, with an exit triggered when the RSI closes below 30 or the 20-period MA crosses below the 50-period MA. Stops would be placed at the 1.0006 upper Bollinger Band, and targets would aim for the 0.9993 Fibonacci level. Over the observed period, this strategy would have generated one potential entry signal at 21:45 ET, followed by a profitable exit at 00:30 ET as the RSI dipped into oversold territory. The hypothesis remains unconfirmed but shows potential for capturing short-term bounces in a range-bound market.