SuperRare/Tether (RAREUSDT) Market Overview: October 4, 2025

• RAREUSDT opened at $0.0521 and closed at $0.051, with a high of $0.0532 and low of $0.0504
• Price declined from 16:30 ET with a bearish reversal candle at $0.0531 → $0.0523
• RSI entered oversold territory, while volume picked up during the final 6 hours
• Bollinger Bands expanded significantly as price drifted near the lower band
• MACD line crossed below the signal line, confirming bearish momentum

24-Hour Summary

At 12:00 ET–1, SuperRare/Tether (RAREUSDT) opened at $0.0521 and closed at $0.051. The pair reached a high of $0.0532 and a low of $0.0504 within the 24-hour period. Total traded volume was 46,360,000.0 with a notional turnover of $2,359.9. The price trended downward in the final 10 hours, suggesting bearish pressure and a potential continuation of a short-term downtrend.

Structure & Formations

Price formed a bearish reversal pattern at 16:30 ET, with a high of $0.0531 followed by a close at $0.0523. This was followed by a broad downtrend that saw the pair fall to a 24-hour low of $0.0504. Notable support levels appear at $0.051 and $0.0508, with resistance at $0.0515 and $0.052. A potential engulfing pattern at $0.0521–$0.0518 suggests bearish continuation, though a bullish pinocchio at $0.0515 may indicate a minor bounce.

Moving Averages and Volatility

On the 15-minute chart, the 20-period and 50-period moving averages are in a bearish crossover, confirming the downward momentum. The 200-period moving average appears to be acting as resistance at $0.0525. Volatility expanded significantly during the session, as seen in the Bollinger Bands. Price spent much of the period near or below the lower band, suggesting oversold conditions.

Momentum and Fibonacci Levels

RSI dipped into oversold territory during the last 4 hours, bottoming at 28, but failed to trigger a significant bounce. MACD confirmed bearish momentum with a bearish crossover. Fibonacci retracement levels suggest potential support at 0.051 (61.8%) and 0.0508 (78.6%), with resistance at 0.0512 (38.2%) and 0.0515 (50%).

Backtest Hypothesis

A backtesting strategy that triggers a sell signal on bearish engulfing patterns and RSI below 30 could have captured the downward move from $0.0532 to $0.0504. Stop-loss placement just above the 61.8% Fibonacci level at $0.051 and taking profit at $0.0508 would have aligned with the observed price action. Given the confirmation from moving averages and Bollinger Bands, this setup has a high probability of success in similar market conditions.