Viction/Tether (VICUSDT) 24-Hour Market Overview

Summary
• Price opened at $0.1314 and rose to a high of $0.1516 before consolidating into a $0.1326–$0.1421 range.
• A sharp decline in the overnight session saw price fall to $0.1331, followed by a modest rebound.
• Volatility remains elevated, with a 24-hour volume of 14.55 million units and a turnover of $1.97 million.

Viction/Tether (VICUSDT) opened at $0.1314 on 2025-11-07 12:00 ET and reached an intraday high of $0.1516 at 17:15 ET. Price then consolidated within a $0.1326–$0.1421 range before dipping to a low of $0.1331 overnight. As of 12:00 ET on 2025-11-08, the price closed at $0.1352. The 24-hour volume totaled 14.55 million units, with a notional turnover of $1.97 million.

Structure & Formations

Price formed a bullish engulfing pattern between 17:15 and 17:30 ET, breaking the 0.1322–0.1369 range higher. A key resistance appears to have developed around $0.1421, where the market has faced rejections multiple times. A potential support area is forming around $0.1331–$0.1335, where price has found buyers on two separate occasions. A doji formed at 0.1389 on the 02:45 ET candle, suggesting indecision at that level.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are crossing above key support levels, indicating potential bullish momentum. The 50-period MA is currently at $0.1364, while the 20-period MA is at $0.1372, suggesting a short-term bullish bias. On the daily chart, price remains above the 50/100/200-period MAs, supporting a medium-term bullish outlook, although a potential pullback may be expected as price nears the 50-day MA.

MACD & RSI

The 15-minute MACD shows a narrowing histogram, indicating waning momentum. RSI has moved out of oversold territory to a neutral range of 55–60, suggesting a possible continuation of the recent uptrend. However, a bearish crossover in the MACD line occurred at 03:00 ET, coinciding with a price pullback. RSI did not confirm the move with a corresponding drop, indicating potential divergence worth monitoring.

Bollinger Bands

Volatility has expanded recently, with the Bollinger Bands widening to reflect the intraday high of $0.1516. Price has spent most of the session outside the upper band before consolidating closer to the middle band. A retest of the lower band at $0.1331 occurred overnight, and price bounced back within the band, suggesting a temporary floor. A continued contraction may signal a potential breakout attempt.

Volume & Turnover

Volume surged during the early hours of the session, peaking at 3,914,234.39 units at 17:15 ET, coinciding with the high of $0.1516. However, turnover failed to follow suit, hinting at a potential distribution phase. Overnight, volume dipped but picked up again during the Asian session, suggesting renewed participation. The volume-to-price action remains in alignment, supporting the integrity of current support and resistance levels.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing high of $0.1516 and low of $0.1331, key levels include 38.2% at $0.1401 and 61.8% at $0.1366. Price has recently tested both levels, with the 61.8% level acting as a potential pivot. A move above the 38.2% retracement could signal a resumption of the bullish trend, while a breakdown of the 61.8% level could indicate further consolidation or a pullback.

Backtest Hypothesis

The absence of direct support-level data for VICUSDT necessitates a proxy-based approach. A potential backtest strategy could involve identifying “support touch” events using price proximity to a trailing 50-day low. For instance, whenever the daily low falls within 1% of the 50-day rolling minimum, the event is recorded. With historical OHLC data available for this symbol, such events could be computed and used to test entry and exit rules, such as long entries after a confirmed bounce or short entries on a breakdown. This would allow for a data-driven evaluation of the token’s behavior near critical support areas without relying on direct vendor-provided indicators.