USTCUSDT Market Overview: 24-Hour Analysis (2025-09-23)

• Price consolidated in a 0.01087–0.01141 range with 0.0111–0.0112 as key support/resistance.
• Momentum showed early overbought signs but reversed into consolidation.
• Volatility expanded mid-day, with 15-minute Bollinger Bands widening.
• Volume surged during the 04:45–05:15 ET breakout but faded in the afternoon.
• Downturn in turnover suggested profit-taking after the mid-cycle rally.

TerraClassicUSD/Tether (USTCUSDT) opened at 0.01114 on 2025-09-22 at 12:00 ET and closed at 0.01128 by 12:00 ET the following day. The pair traded between a low of 0.01087 and a high of 0.01141, reflecting a 0.56% range. Total volume was 16.7 million, while turnover (notional value) reached $1,893,105. Price consolidated between key levels but showed a modest upside bias late in the session.

Structure & Formations

USTCUSDT formed a bullish breakout from a symmetrical triangle in the 04:45–06:00 ET window, confirmed by a 0.01136 high. A key resistance at 0.01132–0.01137 held firm for most of the session, and a support level at 0.0111–0.01114 was tested multiple times, particularly in the late afternoon. A morning doji near 0.01122–0.01126 suggested indecision after the initial surge. A bearish engulfing pattern emerged at 03:30–04:00 ET as bears regained control temporarily before the final rally.

Moving Averages

On the 15-minute chart, the 20-period EMA rose to 0.01118 and crossed the 50-period EMA at 0.01114, suggesting bullish momentum. On the daily chart, the 50-period SMA held at 0.01113, aligning with a key 61.8% Fibonacci retracement level. Price closed above the 50-period and 200-period SMAs, indicating a potential continuation of the longer-term consolidation trend.

MACD & RSI

The MACD crossed above zero in the early hours of 09/23, confirming short-term bullish momentum. By late afternoon, the histogram had shrunk, hinting at waning upside momentum. RSI peaked at 64, suggesting overbought conditions during the rally, and dropped to 56–59 by the close, indicating moderate strength with no overbought or oversold conditions at the end of the 24-hour window.

Bollinger Bands

Volatility expanded significantly during the 04:45–06:00 ET window, with the Bollinger Band width increasing from 0.00008 to 0.00011. Price tested the upper band at 0.01136–0.01141 and bounced back down in the late morning. The close of 0.01128 was positioned near the middle band, suggesting a neutral position relative to the 20-period volatility channel.

Volume & Turnover

Volume spiked sharply during the 04:45–06:00 ET rally, peaking at 6.7 million with a notional value of $759,000. This contrasted with the afternoon session, where both volume and turnover declined despite continued consolidation. A divergence between price and turnover after 13:00 ET may indicate profit-taking or a lack of conviction in the upward move.

Fibonacci Retracements

A key Fibonacci retracement level at 0.01113 (61.8% of the 0.01108–0.01141 range) held as a key support during the afternoon. The 38.2% level at 0.01123 acted as a minor resistance during the 09:00–10:00 ET window. These levels aligned with moving averages and could serve as potential decision points for near-term positioning.

Backtest Hypothesis

The backtest strategy suggests capturing short-term momentum by entering long positions when USTCUSDT closes above the 20-period EMA on a 15-minute chart and exits when RSI exceeds 60 or the 20-period EMA flattens. Given the 24-hour action, a buy signal would have been triggered early on 09/23, aligning with the 04:45–06:00 ET breakout. The exit signal was triggered when RSI peaked near 64 in the late morning. The strategy could have captured a 0.48% gain before profit-taking. For the next 24 hours, a similar approach may work if volatility increases and the 0.01132–0.01137 resistance holds, though a break below 0.01114 would suggest a reassessment.