Market Overview for Alpine F1 Team Fan Token/Tether (ALPINEUSDT) – 24-Hour Analysis

• Price swings between 0.684 and 0.850 suggest volatility in Alpine F1 Team Fan Token/Tether.
• Volume spiked early in the session, declining gradually.
• A bearish shift may be forming as closing prices dipped below key intraday highs.

The Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 0.688 on 2025-11-04 at 12:00 ET–1 and reached a high of 0.850 during the session. The pair closed at 0.697 by 12:00 ET on 2025-11-05, with a total volume of 32,394,631.90 and turnover of $26,480.90 across the 24-hour window. The price action has shown significant intraday fluctuations and signs of internal pressure toward the latter half of the session.

Structure & Formations

Over the past 24 hours, the pair exhibited a bearish trend with a high of 0.850 and a low of 0.684. Key resistance levels appear to form around the 0.775–0.800 range, while support is visible between 0.683 and 0.696. A notable formation includes a bearish engulfing candle observed around 2025-11-04 20:30 ET, where the close of 0.730 was below the open of 0.773. This suggests a shift in sentiment, with bears gaining control.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages have crossed multiple times, indicating a volatile environment and possible trend exhaustion. On the daily timeframe, the 50-period MA appears to offer a resistance around 0.73, while the 200-period MA remains a key support level. These indicators suggest that the market is still in a consolidating phase, without a clear directional bias.

MACD & RSI

The MACD line has remained below the signal line for the majority of the session, with a bearish crossover occurring around 2025-11-04 19:00 ET. This aligns with the price action and suggests continued downward momentum. The RSI has been fluctuating between overbought and oversold levels, failing to confirm a strong trend. This divergence may indicate indecision among traders or a potential reversal if RSI crosses above 50 with increasing volume.

Bollinger Bands

Bollinger Bands have shown moderate volatility, with the 20-period standard deviation fluctuating between 0.05 and 0.08. The price has touched the upper band multiple times, particularly around 2025-11-04 17:45 ET and 20:15 ET, suggesting attempts to break out but failing to sustain above the upper range. The lower band at 0.68–0.69 has served as a temporary support. This pattern indicates a high-probability continuation of the current consolidation.

Volume & Turnover

The highest volume occurred during the first 15-minute candle at 0.688, with 3,239,463.19 units traded, while turnover amounted to $2,185.87. Subsequent candles showed a gradual decline in both volume and turnover, which could indicate waning interest. A divergence in the final hours saw price making new lows without a corresponding volume spike, suggesting weak bearish conviction.

Fibonacci Retracements

Applying Fibonacci retracement levels to the swing high (0.850) and low (0.684), key levels include 0.775 (61.8%), 0.749 (50%), and 0.727 (38.2%). Price has bounced off the 50% and 38.2% levels multiple times, with a test of 0.775 likely to determine the next directional move. A close above 0.775 may signal a retesting of 0.800 as a potential target.

Backtest Hypothesis

Integrating the observed patterns into a backtesting framework, a viable strategy could involve using the Bullish Engulfing pattern detected around 2025-11-04 00:30 ET–02:00 ET as a signal. The approach would be to go long on the next candle open (T+1) and hold for one candle, selling at the close. The key to profitability lies in confirming volume and RSI strength on the day of the signal. If the pattern and metrics align with strong momentum, the strategy could be applied to Alpine F1 Team Fan Token/Tether as a speculative trade in volatile markets.