Stacks/Tether (STXUSDT) Market Overview – 2025-10-13

• Stacks/Tether (STXUSDT) rose 1.8% in 24 hours, forming a bullish bias with strong volume in the afternoon.
• Price tested key resistance at 0.464 and 0.472, with confirmed breaks and retests.
• Volatility remained elevated, with Bollinger Bands widening as price advanced.
• RSI suggests overbought conditions at close, while MACD shows positive momentum.
• A potential bearish correction is possible after strong short-term gains and high turnover.

24-Hour Snapshot

Stacks/Tether (STXUSDT) opened at 0.444 on 2025-10-12 at 12:00 ET, reached a high of 0.482, and closed at 0.478 as of 2025-10-13 at 12:00 ET, with a low of 0.444. The 24-hour volume totaled approximately 8,859,248 STX, and the notional turnover amounted to roughly $4,179,000. The pair showed a clear upward bias amid increasing volatility.

Structure & Formations

The 15-minute chart displayed a series of bullish patterns, including a confirmed Bullish Engulfing pattern at 0.461-0.463 around 05:30 ET and a potential Hammer at 0.470 on 10:15 ET. Key support levels were identified at 0.460 and 0.456, with resistance at 0.464, 0.472, and a new high at 0.482. The price appears to be consolidating above the 0.470 psychological level.

Moving Averages

On the 15-minute chart, the 20-period MA (0.463) and 50-period MA (0.465) were closely aligned and trending higher, indicating a strong bullish trend. The 50-period MA on the daily chart (not shown) has been rising steadily, reinforcing the upward bias.

MACD & RSI

The MACD crossed above zero at 0.465, signaling positive momentum, while the histogram expanded through 0.467 and 0.472, showing growing bullish force. RSI hit 70 at 0.476, indicating overbought territory, and closed near 69, suggesting a potential pullback may be in order.

Bollinger Bands

Bollinger Bands expanded as the price advanced, reflecting increased volatility. At close, the price was near the upper band at 0.478, a sign of strength, but could face near-term resistance if it fails to break out above 0.480.

Volume & Turnover

Volume increased sharply during the afternoon ET hours, with a large 15-minute bar at 13:45 ET showing 885,924.8 STX traded. Notional turnover also spiked, particularly at 0.474 and 0.478. Price and turnover aligned well during these spikes, confirming bullish momentum.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 0.456 to 0.476, the 38.2% retracement level is at 0.467, and the 61.8% level is at 0.463. The price tested the 61.8% level before bouncing higher, suggesting short-term support. A break below 0.460 would signal deeper correction potential.

Backtest Hypothesis

A backtest of the Bullish-Engulfing pattern could offer insight into its reliability for this pair. The most recent confirmed pattern appeared on 2025-10-13 at 05:30 ET, with an open at 0.461 and close at 0.463. If manually confirmed, a 48-hour holding period from this time would need to be evaluated for profitability. To proceed, either a supported ticker symbol for the technical indicator service must be provided, or the list of Bullish-Engulfing pattern dates must be manually derived for this pair. Once obtained, the backtest can be executed efficiently to assess the pattern’s predictive accuracy.