Starknet/Tether (STRKUSDT) Market Overview – 2025-09-26

• STRK/USDT experienced a bearish correction, closing near the session low after a sharp dip from 0.1187 to 0.113.
• High volume and volatility spiked in the early hours of the session, with price rebounding above 0.115 by midday.
• Momentum indicators show moderate divergence, with RSI near oversold levels and MACD turning neutral.
• Bollinger Bands reflect a moderate expansion, with price consolidating near the lower band for much of the session.
• A key support level appears to have formed around 0.1143–0.1146, with buyers showing resilience but no clear breakout.

Starknet/Tether (STRKUSDT) opened at 0.1184 on 2025-09-25 12:00 ET, reached a high of 0.1187, a low of 0.1130, and closed at 0.1167 by 2025-09-26 12:00 ET. The pair saw a total volume of 30,143,818 STRK and a notional turnover of $3,327,380 during the 24-hour window.

Structure & Formations

The price structure over the 15-minute timeframe shows a bearish breakdown from initial resistance at 0.1184–0.1187, followed by a consolidation phase around 0.1143–0.1156. A key support zone appears to be forming around 0.1143–0.1146, where buyers have stepped in multiple times. A long lower wick on the candle from 09:30–10:00 ET suggests rejection at this level. A bullish engulfing pattern was observed near the 0.1142–0.1148 range, indicating potential for a countertrend move higher. A doji at 03:45–04:00 ET also signals indecision amid a consolidation phase.

Moving Averages

On the 15-minute chart, the 50-period MA crossed below the 20-period MA, forming a bearish crossover. This aligns with the early morning selloff. On the daily timeframe, the 100-period MA appears to be forming a potential support at 0.1143, with the 200-period MA slightly above it. The 50-period MA is currently around 0.1154, acting as a dynamic level to watch for a possible bounce.

Backtest Hypothesis

A potential backtesting strategy could focus on a bullish breakout entry at 0.1146, with a stop loss just below 0.1140 and a take-profit target aligned with the 0.1154–0.1156 Fibonacci 61.8% level. This approach could be tested with a moving average crossover (20/50) confirmation. Given the recent volume profile and price behavior, a risk-reward ratio of 1:1.5 appears feasible under current volatility conditions.

MACD & RSI

The MACD line turned positive in the latter half of the session, suggesting that buyers may be regaining control after the early selloff. However, the histogram remains relatively small, indicating moderate momentum. The RSI has rebounded from the oversold territory (around 30) to the neutral range (around 47–50). This suggests the price could stabilize for a while, but a breakout above 55 on RSI may indicate stronger bullish momentum.

Bollinger Bands

The price traded near the lower Bollinger Band for much of the session, indicating low volatility and bearish pressure. A moderate expansion in the bands was observed during the morning hours, aligning with the price drop. As of the 12:00 ET close, the price sits just above the lower band, suggesting a potential retest or consolidation phase ahead. A break above the middle band may confirm renewed bullish sentiment.

Volume & Turnover

Volume spiked early in the session, particularly around 17:30–18:30 ET, coinciding with the sharp selloff from 0.1184 to 0.1142. Turnover also surged during this period, reinforcing the bearish move. Later in the session, volume remained high but less concentrated, suggesting a more balanced market. A divergence between rising price and declining volume in the latter half of the session may indicate weakening bullish conviction.

Fibonacci Retracements

Applying Fibonacci retracements to the key 15-minute swing low of 0.1130 and swing high of 0.1187, the 38.2% retracement is at 0.1159, while the 61.8% retracement is at 0.1166. These levels may act as temporary resistance, with a potential for price to consolidate or reverse. On the daily chart, the 61.8% Fibonacci level aligns closely with the 50-period MA, suggesting a potential convergence of key technical levels for a potential bullish test.

Looking ahead, STRK/USDT may continue to consolidate between 0.1143 and 0.1165 for the next 24 hours, with the 20/50 MA crossover and RSI behavior likely to drive the next move. A break above 0.1165 could attract further buyers toward 0.1170–0.1175, while a retest of 0.1143 could signal further bearish pressure. Investors should remain cautious as volatility remains moderate but could pick up with any major macroeconomic news or exchange flows.