VeThor Token/Tether Market Overview

• VTHOUSDT traded in a tight range with key resistance at 0.00113 and support at 0.001113.
• Price closed near the session high, suggesting possible short-term bullish momentum.
• Volume spiked in early morning hours, indicating heightened interest but no clear directional bias.
• RSI hovered in neutral territory, while MACD showed divergence in late hours.
• Bollinger Bands narrowed mid-session, suggesting a potential breakout.

The VeThor Token/Tether (VTHOUSDT) traded within a 15-minute range between 0.001113 and 0.00113 over the past 24 hours, opening at 0.001122 on 2025-10-30 at 12:00 ET and closing at 0.001124 on 2025-10-31 at 12:00 ET. Total traded volume reached 199,809,840.00, with a notional turnover of approximately $221,800 (calculated using average close price of 0.001124).

Price action reveals a consolidation pattern after a brief rally to 0.00113 late in the session. The 20-period and 50-period moving averages on the 15-minute chart remain in a tight alignment, suggesting a continuation of the sideways trend. On the daily chart, the 50-period MA is slightly below the 200-period MA, signaling a weak bearish bias for the longer term.

MACD turned negative late in the session, indicating a pullback in bullish momentum, while RSI remained in the 45–55 range, reflecting balanced buying and selling pressure. A key support level appears to be forming near 0.001113, where price corrected twice in the session. Conversely, resistance at 0.001132 was tested multiple times without a clear breakthrough.

Bollinger Bands displayed a period of contraction in the morning, followed by a slight expansion in the late session. Price remained within the bands for most of the period, suggesting a continuation of range-bound behavior. Fibonacci retracement levels from the 0.001113–0.00113 range indicated potential consolidation at 0.382 (0.001121) and 0.618 (0.001123), both of which were closely traded.

Volume spiked to over 29.5 million in the early morning hours, but notional turnover did not rise in tandem, indicating smaller-order participation. A divergence between volume and price movement in the final hours of the session suggests a lack of conviction in the recent upward moves.

In the coming 24 hours, VTHOUSDT may test the 0.001132 resistance level for a potential breakout or consolidate further into the 0.001122–0.001113 range. Investors should remain cautious, as overbought conditions have not been reached, and momentum indicators are mixed.

Backtest Hypothesis

A potential backtest strategy involves identifying Bullish Engulfing patterns on the 15-minute chart at key support levels. If such a pattern forms near 0.001113, a 24-hour holding strategy could be tested with a stop-loss just below the support. Given the volume divergence observed and the Fibonacci alignment at 0.001122–0.001123, a breakout above 0.001132 may also signal a viable entry. To accurately test this strategy, however, the data source must be verified or corrected to recognize the symbol. Confirming the correct ticker (e.g., “BINANCE:VTHOUSDT”) or providing a full OHLCV file for 2022-01-01 to 2025-10-31 will enable precise pattern detection and backtesting.