MyNeighborAlice/Tether Market Overview (ALICEUSDT)

• ALICEUSDT surged 25.9% in 24 hours, driven by a bullish breakout above prior resistance
• Price tested and held above 0.3825–0.3850 support-turned-resistance cluster
• RSI spiked into overbought territory, suggesting potential consolidation
• Volume spiked during early ET hours, confirming strength in rally
• Bollinger Bands expanded sharply, reflecting heightened volatility

Opening Summary

At 12:00 ET on October 9, 2025, MyNeighborAlice/Tether (ALICEUSDT) opened at 0.3465, reached a high of 0.4500, and closed at 0.4474, with a low of 0.3454. The 24-hour volume was 21,184,063.66, and notional turnover totaled approximately $9,426,661.90. This marks a substantial upward trend, supported by strong volume and momentum in the latter half of the trading day.

Structure & Formations

The candlestick structure revealed a powerful bear-to-bull reversal from 0.3454–0.3700, culminating in a bullish breakout above 0.3825. A strong engulfing pattern formed around 0.3769–0.3807, followed by a continuation into a higher high at 0.4500. A key support level at 0.3765 has now become a resistance. A potential bearish correction could test this level before further upward momentum is re-established.

Moving Averages

On the 15-minute chart, the price closed well above both the 20 and 50-period moving averages, confirming a strong uptrend. Daily timeframes show the 50-period MA at 0.3785 and the 200-period MA at 0.3540, indicating a longer-term bullish bias. A break above the 50-period MA on the daily chart could confirm a multi-week trend continuation.

MACD & RSI

The MACD line crossed above the signal line in early ET hours, signaling a bullish momentum shift. The histogram expanded positively during the breakout. RSI reached overbought levels around 80, suggesting potential for a pullback or consolidation in the near term. A retest of the 70 level could signal renewed strength.

Bollinger Bands

Bollinger Bands experienced a sharp expansion during the breakout, with the price reaching the upper band at 0.4500. The widening of the bands indicates heightened volatility and strong conviction in the upward move. A reversion to the mid-band (~0.4087) might be expected before further directional movement.

Volume & Turnover

Volume spiked significantly during the 1530–1600 ET period, with a 4902868.19 volume in the last 15-minute window. This confirms strong institutional or large-cap participation during the breakout. The notional turnover also aligned with the price action, showing no signs of divergence. However, a drop in volume after the 0.4500 high could signal profit-taking and caution.

Fibonacci Retracements

On the 15-minute chart, key retracement levels were tested at 0.3765 (61.8%) and 0.3825 (50%), both of which were successfully held and now act as support-turned-resistance. On the daily timeframe, the 38.2% level at 0.3870 and 61.8% at 0.3735 may be critical for trend validation or correction. A close below 0.3735 could invite further selling pressure.

Backtest Hypothesis

A backtesting strategy based on a breakout above the 50-period moving average on the daily chart, combined with a MACD crossover above the zero line and a RSI re-entry into the 50–60 range, could offer high-probability long positions. Given the recent surge in ALICEUSDT, the strategy would have triggered a buy signal on October 9, 2025, at the 0.3769–0.3807 breakout. This aligns with the observed bullish engulfing pattern and strong volume confirmation.