Alpine F1 Team Fan Token/Tether Market Overview

• Price declined from 0.854 to 0.822 amid rising volume and bearish momentum.
• Key support levels observed at 0.822 and 0.828; resistance at 0.844 and 0.851.
• MACD and RSI confirmed bearish divergence and oversold conditions near 0.822.
• Volatility expanded after 19:00 ET, with price breaking below key moving averages.
• Turnover surged during the late-night selloff, signaling strong bearish conviction.

The Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 0.850 on 2025-10-26 at 12:00 ET and closed at 0.822 by 12:00 ET on 2025-10-27. The price swung between 0.854 and 0.822 with total volume of 2,103,839.66 and total turnover of $1,727,717.66. A clear bearish trend emerged, with key support and resistance levels forming through distinct price behaviors.

Structure & Formations

Price activity revealed three significant support levels at 0.822, 0.828, and 0.836, with the 0.822 level acting as a strong magnet in the final hours of the 24-hour period. Resistance levels were observed at 0.844, 0.851, and 0.854, where selling pressure intensified and buyers failed to reclaim the upper range. A bearish breakout below 0.844 at 19:00 ET confirmed a shift in sentiment and marked the beginning of a sharp decline.

Moving Averages

The 15-minute chart showed price breaking below both the 20-period and 50-period moving averages, reinforcing the bearish bias. On a daily basis, the price ended below the 50-day MA at 0.850, the 100-day MA at 0.855, and the 200-day MA at 0.860, suggesting a broader downtrend in place. These moving averages may continue to act as psychological and technical resistance in the near term.

MACD & RSI

The 15-minute MACD turned negative and diverged with a final rally near 0.844, confirming bearish momentum. RSI reached oversold territory around 0.822, raising the possibility of a short-term bounce. However, given the context of a strong bearish trend and confirmation from MACD, any rebound may be limited and short-lived.

Bollinger Bands

Bollinger Bands showed a moderate expansion after 19:00 ET as volatility increased, with price moving toward the lower band and briefly touching it at 0.822. This suggests a continuation of the downward move is more probable than a reversal. Price has yet to retest the upper band above 0.850, which remains a key level for monitoring.

Volume & Turnover

Volume spiked significantly during the selloff, with the highest 15-minute volume recorded at 149,052.02 at 22:15 ET, when the price dropped from 0.849 to 0.859. Notional turnover also increased during this period, confirming the bearish action. Divergence between price and volume was not observed, suggesting the bearish move was well-supported by liquidity.

Fibonacci Retracements

Fibonacci retracement levels on the 15-minute chart indicated key levels at 0.842 (38.2%), 0.838 (50%), and 0.836 (61.8%) during the major decline from 0.851 to 0.822. Price found temporary support at 0.836 before breaking down further. On the daily chart, the 61.8% retracement level is at 0.830, which may serve as a near-term floor if the bearish trend moderates.

Backtest Hypothesis

To refine potential bullish entry opportunities, I will backtest a strategy based on the Bullish Engulfing candlestick pattern. First, the exact ticker code for Alpine F1 Team Fan Token against USDT must be confirmed (e.g., ALPINEUSDT.BINANCE). Daily candlesticks are typically sufficient for identifying the pattern, but a 15-minute or 1-hour timeframe may offer more precision. Once the correct ticker is verified, I will:

• Identify all Bullish Engulfing signals in historical data.
• Create entry signals based on confirmed pattern formation.
• Execute a 3-day holding strategy, with automatic closure after three days.
• Report performance metrics including win rate, average return, and maximum drawdown.

This approach aims to evaluate the reliability of the pattern in ALPINEUSDT under current market conditions and inform future trade setups.