Market Overview for XVSUSDT: October 28, 2025

• XVSUSDT traded in a 4.81–4.95 range over 24 hours, with a final close at 4.82, down from 4.9.
• Strong volume spikes occurred at 19:00 and 06:00 ET, coinciding with key support and resistance tests.
• RSI and MACD suggest weakening momentum, with prices near the 4.82 psychological level.
• Volatility increased during the early session, with Bollinger Bands expanding post 19:00 ET.
• A bearish engulfing pattern formed at the 4.83–4.85 level, suggesting near-term bearish bias.

Venus/Tether (XVSUSDT) opened at 4.9 on October 27 at 12:00 ET and closed at 4.82 by the same time on October 28. The pair touched a high of 4.95 and a low of 4.81, with total trading volume of 56,848.19 and notional turnover of $266,884.00 over the 24-hour period.

The price action revealed a bearish shift after a brief bullish attempt at 19:00 ET, where a large-volume candle pushed prices to 4.95 before retracing sharply. A bearish engulfing pattern formed at 4.83–4.85, suggesting a potential reversal after a failed attempt to break above key resistance. On the 15-minute chart, the 20-period and 50-period moving averages were in a bearish crossover, reinforcing the downward momentum.

Structure & Formations

Key support levels were observed at 4.82 and 4.80, with 4.82 being tested multiple times during the 24-hour window. Resistance levels at 4.85–4.87 were also tested, with mixed success. A doji formed at 00:00 ET, signaling indecision after an upward attempt. The 4.82 level appears to be gaining psychological weight, having acted as a final floor before a sharp reversal in the overnight session.

Moving Averages

The 20 and 50 EMA on the 15-minute chart were bearishly aligned, with the 50 EMA crossing below the 20 EMA at 01:00 ET, indicating bearish momentum. On the daily chart, the 50 EMA remains above the 200 EMA, maintaining a mixed bias. Traders should watch for a potential crossover of the 200 EMA, which would confirm a medium-term bearish trend.

MACD & RSI

The MACD line remained below the signal line, with bearish divergence observed from 19:00 ET onward. RSI values fell below 30 during the early morning, indicating oversold conditions, though the bearish trend continued. A potential bounce could occur if RSI stabilizes between 30–40, but this would require strong volume confirmation.

Bollinger Bands

Volatility increased significantly after 19:00 ET, with Bollinger Bands expanding as XVSUSDT moved between the 4.93 upper band and the 4.84–4.82 lower band. Prices closed near the lower band during the overnight session, suggesting bearish exhaustion and potential support at 4.80–4.82 in the near term.

Volume & Turnover

Volume spiked at 19:00 ET and again at 06:00 ET, coinciding with sharp price movements. These spikes were not always confirmed by turnover, suggesting possible short-term speculative activity. Divergence between volume and price action was noted around 01:00 ET, signaling caution for short-term traders.

Fibonacci Retracements

Applying Fibonacci retracements to the 4.9–4.82 swing, the 61.8% level at 4.85 and the 38.2% level at 4.87 were both tested, with mixed results. On the daily chart, the 61.8% level at 4.83 has now become a key support/resistance area for the next 24–48 hours.

Backtest Hypothesis

Given the recurring test of the 4.82 support level, identifying all instances where XVSUSDT traded at or below 4.82 can provide a valuable entry/exit dataset for backtesting. This would allow a clearer evaluation of the effectiveness of a strategy that targets the 4.82 level as either a reversal or continuation signal. Since the current dataset has a retrieval gap for the XVSUSDT daily price feed, we suggest feeding the manually compiled list of 4.82 touchpoints directly into the backtest engine to maintain momentum and accuracy in the analysis.