VeThor Token/Tether Market Overview

• VTHOUSDT traded in a tight range, with a modest 0.33% gain over the last 24 hours
• Price action showed moderate volatility, with a high of 0.001832 and a low of 0.001802
• Key support found near 0.001806, with resistance forming around 0.001818–0.001824
• RSI hovered in neutral territory, suggesting no strong overbought/oversold bias
• Volume was uneven, with spikes noted during late ET hours on 2025-09-20

At 12:00 ET on 2025-09-20, VTHOUSDT opened at 0.001806 and closed at 0.001814 after trading between 0.001802 and 0.001832. Total volume over the past 24 hours reached 133,883,099.5, while notional turnover was approximately 241.33 (assuming USD as base for turnover). The pair showed a modest rally in the early hours of 2025-09-20, followed by consolidation and a late afternoon push toward key resistance levels.

Structure & Formations

Price moved within a defined channel over the last 24 hours, with notable support at 0.001806 and resistance between 0.001818 and 0.001824. A bullish engulfing pattern was observed around 05:30–06:15 ET, as the pair broke above 0.001824 and briefly reached 0.001832. A doji appeared at 09:45–10:00 ET, indicating indecision after a sharp pullback from the day’s high. These patterns suggest a possible shift in momentum, though further confirmation is needed.

Moving Averages

Short-term 15-minute averages (20/50-period) were above the 1-hour average during the early morning hours, indicating a bullish bias before the doji. However, they later converged, signaling consolidation. The 50-period daily MA was at 0.001811, suggesting that the current price action is above the mid-term average. The 200-period MA at 0.001810 supports a slightly bullish outlook for the pair.

MACD & RSI

The MACD turned positive in the early hours of 2025-09-20, aligning with the breakout from 0.001818. RSI climbed to around 58 at the peak before dipping back to 52, indicating that the market remains in neutral territory with no signs of exhaustion. The divergence between price and RSI near the 0.001832 high is worth monitoring as a potential bearish signal.

Bollinger Bands

Volatility expanded in the early hours as the pair moved above the upper band before retreating. The Bollinger Band width reached its widest point around 05:00–06:30 ET, coinciding with the breakout. Price later settled within the bands, with the 20-period SMA at 0.001815 acting as a central reference. The recent consolidation suggests a potential retesting of the lower band as a support zone.

Volume & Turnover

Volume surged during the 05:00–07:00 ET period, coinciding with the breakout and subsequent pullback. A volume spike at 05:30 ET confirmed the initial upward move, but volume dropped off during the afternoon, signaling reduced conviction. Notional turnover mirrored this pattern, showing a modest increase during the bullish phase and a drop during the consolidation period.

Fibonacci Retracements

A 38.2% retracement level was observed at 0.001812 after the move from 0.001818 to 0.001824. The 61.8% level at 0.001819 was tested twice during the afternoon, suggesting a potential near-term ceiling. The pair appears to be consolidating around the 50% level, indicating a possible turning point.

Backtest Hypothesis

A backtesting strategy based on the 20-period EMA crossing above the 50-period EMA on the 15-minute chart could be tested for early morning entries. Given the recent bullish engulfing pattern and the confirmed breakout, a long signal would be generated on such a cross, with a stop-loss placed below 0.001806 and a take-profit target near 0.001826–0.001830. The RSI divergence during the high suggests a cautious approach, but the volume confirmation during the breakout supports the signal. This strategy could be refined with additional time constraints and trailing stops based on Bollinger Band volatility.

Looking ahead, VTHOUSDT may test the 0.001824–0.001826 range for further direction. A sustained move above this level could signal a broader breakout, while a retest of the 0.001806 support may offer a short-term rebound opportunity. As always, traders should remain cautious of potential divergences between volume, momentum, and price action.