TerraClassicUSD/Tether (USTCUSDT) Market Overview: October 22, 2025

• Price declined from 0.0085 to 0.00808 over 24 hours, ending near the session low.
• Volume spiked in early session but faded later, with price-volume divergence suggesting weakening bearish conviction.
• Key support at 0.00805–0.00808 appears resilient, with potential for short-term bounce.
• Bollinger Bands show moderate contraction, indicating possible volatility exhaustion.
• MACD and RSI indicators suggest oversold conditions may support near-term stabilisation.

At 12:00 ET on October 22, 2025, TerraClassicUSD/Tether (USTCUSDT) opened at 0.00843, reached a high of 0.00882, and closed at 0.00808 after trading as low as 0.00791. Total traded volume for the 24-hour period was 188,305,434.0, and notional turnover stood at $1,562,398. The price action reflected a bearish bias but with signs of stabilisation in the final hours.

Structure & Formations

USTCUSDT displayed a descending trend over the 24-hour window, punctuated by bearish engulfing patterns during the early morning hours and a long lower shadow near the 0.00805 level at the session close. A bullish reversal pattern emerged in the final 15-minute interval, suggesting potential for a rebound. Key support appears to be forming at 0.00805–0.00808, while resistance lies at 0.00813–0.00817 from earlier bearish rejection points.

Moving Averages

On the 15-minute chart, price crossed below the 20-period and 50-period moving averages early in the session, confirming the bearish momentum. By the final hours, USTCUSDT hovered near the 50SMA, suggesting some short-term stabilisation. On the daily chart, the price remains below both the 50-day and 200-day moving averages, reinforcing the longer-term bearish bias.

MACD & RSI

The MACD line turned negative mid-session and remained below the signal line, confirming a bearish momentum phase. The RSI indicator fell into oversold territory (below 30) by the session's end, suggesting a potential short-term bounce. However, the lack of a strong bullish MACD crossover indicates the rebound may be limited.

Bollinger Bands

Price action remained within the Bollinger Bands throughout most of the session, with a brief break below the lower band at 0.00804 during the late night hours. This contraction suggests a possible consolidation phase, with volatility potentially poised to expand if a breakout occurs. Price retesting the 0.00813 level could trigger a bounce within the bands.

Volume & Turnover

Volume was highest in the early part of the session (up to 22.8 million at 17:00 ET) before tapering off in the final hours, with the 15-minute volume dropping below 1 million. Notional turnover mirrored the volume pattern, indicating a slowdown in trading intensity. The divergence between price and volume in the final hours suggests weakening bearish conviction and potential for a short-covering rally.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from 0.00882 to 0.00804, the 38.2% retracement level is at 0.00835 and the 61.8% level is at 0.00825. Price appears to have tested and bounced off the 61.8% level in the final hours, suggesting it may continue to retest the 38.2% level next. On the daily chart, the 61.8% retracement level of the larger bearish move lies at 0.00825–0.00835, aligning with potential near-term support.

Backtest Hypothesis

Given the technical analysis and current price structure, a potential backtest could involve using a combination of MACD crossover signals and RSI overbought/oversold conditions to time entries. Since USTCUSDT appears to be stabilizing near a key support level and RSI is in oversold territory, a bullish signal could be triggered if price closes above the 50SMA with rising volume. The challenge will be confirming whether this ticker is available on a different exchange or data feed, or if a manual MACD calculation from raw price data is required to proceed with the backtest. If the latter is chosen, the strategy could be validated using the available 15-minute OHLCV data and custom momentum indicators.