Market Overview for Yearn.finance/Tether USDt (YFIUSDT) – 2025-09-10

• Price surged from $5,332 to $5,514 in 24 hours, with late-day momentum spiking to $5,530.
• Bullish divergence in RSI and strong volume suggest sustained buying pressure.
• Volatility expanded significantly, with price oscillating ±$100 around key support and resistance.
• Volume peaked at $17.95k at 14:00 ET, coinciding with a $5,530 intraday high.
• 15-minute chart shows engulfing patterns and bullish breakouts, signaling strong short-term demand.

At 12:00 ET on 2025-09-10, YFIUSDT traded at $5,467, up from the previous day’s 12:00 ET open of $5,332, with a 24-hour high of $5,530 and a low of $5,306. Total volume for the 24-hour period was 70.84 BTC, and notional turnover reached $388,695. The pair displayed a clear bullish bias, supported by strong volume and increasing momentum in the latter half of the session.

Structure & Formations

The 15-minute chart revealed a bullish engulfing pattern at 22:15 ET and a bullish breakout above the 5,350 psychological level. A key resistance zone formed around $5,480–5,500, which was tested and then broken in the early afternoon. A significant support level was identified at $5,415, where price found buyers after several failed attempts to break higher. A doji at 02:45 ET marked a momentary consolidation, indicating indecision before the final leg of the rally.

Moving Averages

The 15-minute chart saw price consistently above both the 20EMA and 50EMA, with the 50EMA acting as a dynamic support. On the daily chart, the 50DMA and 100DMA began to converge, with the 200DMA providing a strong long-term support level at $5,300. Price has been above all major moving averages for most of the session, reinforcing the bullish setup.

MACD & RSI

The MACD crossed above the zero line and remained in positive territory, confirming the bullish momentum. RSI reached 68–70 in the final hours, suggesting moderate overbought conditions but without signs of exhaustion. A bullish divergence appeared in the late afternoon, with price reaching new highs while RSI pulled back slightly—often a sign of a healthy move.

Bollinger Bands

Volatility increased sharply during the session, with the upper band widening to $5,550 and the lower band contracting to $5,310. Price spent most of the session above the middle band, indicating a strong bullish bias. The $5,420–5,440 area marked a key consolidation zone before the breakout.

Volume & Turnover

Volume spiked to a 24-hour high of 17.95 BTC at 14:00 ET, coinciding with a price high of $5,530. This was a strong confirmation of the bullish breakout. Turnover also peaked during this period, suggesting significant participation from large and institutional buyers. No significant price-volume divergences were observed, adding to the credibility of the move.

Fibonacci Retracements

Fibonacci levels drawn from the $5,306–5,530 swing showed strong buying at the 61.8% retracement level ($5,423), which became a key support during the consolidation phase. The 38.2% level ($5,462) was tested during the final hours and held, reinforcing the short-term bullish setup.

Backtest Hypothesis

Given the strong breakouts and bullish divergences observed today, a potential backtest strategy could involve a breakout buy signal at the 61.8% Fibonacci retracement level with a stop just below key support at $5,415. A trailing stop could be activated after a 3% move in favor, while targeting the next resistance at $5,520–5,540. This strategy could be evaluated on a daily and 15-minute time frame, testing its effectiveness across different volatility regimes. Historical data would be required to validate the robustness of this approach.