Market Overview for Yield Guild Games/Tether (YGGUSDT) – 2025-10-13

• YGGUSDT surged 12.8% in 24 hours, closing near a 365-day high of $0.1529.
• Momentum accelerated after 06:00 ET, with sustained volume confirming bullish conviction.
• RSI overbought at 75, suggesting potential pullback, but MACD remains strongly positive.
• Price rejected key support at $0.1430–0.1450 twice, reinforcing upward bias.
• Bollinger Bands widened sharply as volatility surged, with price near the upper band at close.

Yield Guild Games/Tether (YGGUSDT) opened at $0.1267 on 2025-10-12 at 12:00 ET, surged to a high of $0.1529, and closed at $0.1469 by 12:00 ET on 2025-10-13. Total volume for the 24-hour period was 118,873,624.9, while notional turnover reached $16,761,795. The pair exhibited strong continuation patterns, especially after 06:00 ET, with a bullish breakout above prior resistance levels.

The structure of the 15-minute chart shows a clear ascending trend with key support levels at $0.1430–0.1450 and resistance at $0.1500–0.1520. A morning star pattern emerged around 06:15 ET, confirming a reversal from a potential correction to a continuation of the bullish phase. Doji and hammer patterns in the early session suggested indecision that was resolved sharply in favor of buyers. The 20 and 50-period moving averages on the 15-minute chart were in bullish alignment, supporting the uptrend.

MACD showed a strong positive crossover in the morning session and remained above the signal line, reinforcing bullish momentum. RSI peaked above 75 late in the session, indicating overbought conditions and a potential near-term correction. However, the price did not reverse from this level, suggesting continued accumulation. Bollinger Bands widened significantly after 06:00 ET, reflecting heightened volatility, with the price closing near the upper band—typically a precursor to a mean reversion or a breakout.

Volume and turnover spiked in the late morning and afternoon, with the highest single 15-minute turnover at $1,237,619 at 10:45 ET. The correlation between rising price and increasing turnover was strong, indicating genuine bullish participation. Notable divergences were absent, suggesting conviction in the current trend. Fibonacci retracements applied to the major swing from $0.1263 to $0.1529 showed the 61.8% level at $0.1440, a critical area where buyers appear to have stepped in multiple times.

Backtest Hypothesis
A potential backtest could target YGGUSDT with an entry rule based on the morning star pattern, buying at the next-day open. The formation observed at 06:15 ET could be used as a trigger. Using the 50-period moving average as a filter to confirm trend strength and RSI as a momentum check (e.g., avoiding entries if RSI > 80) could refine the strategy. A stop-loss at the 38.2% Fibonacci level of the swing ($0.1410) and a take-profit at the 78.6% level ($0.1515) could be applied. Given the recent behavior of the pair, this setup would aim to capture continuation moves after a bearish pause.