REI Network/Tether Market Overview

• REIUSDT opened at $0.0158 and closed at $0.01623 after reaching a high of $0.01624 and a low of $0.01537.
• Price advanced in the final 6 hours amid rising volume and a breakout above key resistance.
• RSI and MACD showed bullish momentum, while volume surged by over 6x in the final 4-hour window.
• Bollinger Bands reflected a volatility expansion as price distanced from the 20-period lower band.
• A potential reversal candle formed in the early morning before a sharp reversal unfolded post-10 AM ET.

The REI Network/Tether (REIUSDT) pair opened at $0.0158 on October 5, 2025, at 12:00 ET and closed at $0.01623 the following day at the same time. The 24-hour high was $0.01624 and the low was $0.01537. Total trading volume for the period amounted to 5,260,038.5, while notional turnover reached $81.66. Price action showed a slow downtrend until 10:00 AM ET, followed by a strong reversal and consolidation above key resistance levels.

The structure of the 15-minute chart revealed a descending wedge formation in the early morning hours, capped off by a bullish breakout following a long-bodied bullish candle and a high-volume reversal. Key support levels were identified around $0.01546 and $0.0157, with resistance at $0.0160 and $0.01623. A notable engulfing pattern formed around 10:30 AM ET, signaling a potential continuation of the upward trend. A doji candle at 3:45 AM ET marked a potential reversal point ahead of the morning’s rally.

MACD turned positive after 9:00 AM ET and remained bullish through the end of the period, while the RSI crossed above the overbought threshold of 60, indicating rising momentum. Bollinger Bands expanded significantly in the final 6 hours as price diverged from the 20-period lower band and settled near the upper band at the end. Volatility increased in parallel with the price move, reflecting growing conviction among buyers.

Fibonacci retracement levels applied to the final 6-hour swing (from $0.01542 to $0.01623) highlighted a 61.8% retracement level near $0.0160, which was briefly tested before the price closed above it. Daily Fibonacci levels showed that the pair is now above the 61.8% retracement of a larger downtrend from prior weeks, suggesting further bullish potential. Volume and turnover were positively correlated, especially in the final 4-hour window where turnover spiked by over 600% from earlier in the day.

The backtesting hypothesis for REIUSDT is built on the convergence of three signals: (1) a bullish engulfing candle, (2) RSI crossing above 60, and (3) a closing price above the 20-period moving average. These conditions were met at 10:30 AM ET, marking a potential long entry. A stop-loss was triggered if price closed below the 15-minute low of the engulfing candle ($0.0157). A take-profit target was set at 61.8% of the recent swing high, at $0.0160.

This strategy aligns with the observed technicals: the 20-period MA was crossed above at the same time the RSI turned bullish and the engulfing pattern formed. It could serve as a repeatable framework for identifying high-probability long setups in low-cap altcoins during periods of high volume. However, the strategy’s success depends on volume confirmation and the absence of bearish divergences in RSI or MACD.