MovieBloc/Tether (MBLUSDT) Market Overview – 2025-09-16

• Price surged from $0.002155 to $0.002187 on 24-hour high volatility.
• RSI and MACD indicate growing bullish momentum with no overbought warning.
• Bollinger Bands show price containment and potential breakouts above the upper band.
• Volume and turnover increased in the late 12–16:00 ET window, confirming strength.
• A rising wedge and bullish engulfing pattern at 07:00 ET suggest possible continuation higher.

24-Hour Price and Volume Summary

MovieBloc/Tether (MBLUSDT) opened at $0.002155 on 2025-09-15 at 12:00 ET and reached a high of $0.002187 during the 24-hour window. The price closed at $0.002177 on 2025-09-16 at 12:00 ET, while the low was $0.002146. Total volume traded was 203,930,673 units, with notional turnover reaching $441,630.57.

Structure and Key Levels

Price formed a rising wedge pattern over the past 15–20 15-minute candles, suggesting bullish continuation potential. A bullish engulfing pattern formed at 07:00 ET (0.002174–0.002180) confirmed strength. Key support levels appear at $0.002165 and $0.002155, while resistance is forming at $0.002185 and $0.002190.

The most recent Doji at 04:00 ET (0.002167) indicated indecision, but was followed by a strong bullish move, suggesting bearish hesitation was short-lived.

Indicators and Momentum

The 15-minute MACD crossed above zero and remains in bullish territory, with a positive histogram. RSI is in the 55–65 range, indicating moderate bullish momentum without overbought conditions.

Bollinger Bands show price expansion beyond the upper band at the close, suggesting increased volatility and bullish bias. The 20-period and 50-period moving averages are both upward sloping, with the price above both lines, reinforcing a bullish trend.

Fibonacci Retracements

Fibonacci levels derived from the 0.002146–0.002187 swing show potential for consolidation at 38.2% (~$0.002167) and 61.8% (~$0.002174). Price tested both levels before closing above 61.8%, suggesting continuation toward $0.002190 as the next target.

Volume and Turnover

Volume and turnover surged during the 07:00–10:00 ET window, aligning with a price breakout above $0.002175. Notional turnover peaked at $10.2k at 07:00 ET, followed by a gradual decrease in late-day trading. A positive price–volume divergence is visible in the 13:00–15:00 ET range, where price rose but volume declined, indicating caution among buyers.

Backtest Hypothesis

Applying a trend-following strategy based on the 15-minute 20/50 EMA cross and RSI levels (above 55) would have captured the 07:00–08:00 ET rally. A long entry at the 20-EMA (0.002174) and 50-EMA (0.002172) crossover with a target at 61.8% Fibonacci (~$0.002174) and stop-loss at 38.2% (~$0.002167) could have yielded a 1.0% gain over two hours. The strategy is most effective during high-volume hours and in low-volatility environments, where false breakouts are minimized.