Market Overview for Alpine F1 Team Fan Token/Tether (ALPINEUSDT)

• ALPINEUSDT traded in a volatile 24-hour range, with a strong mid-day rally before consolidating into bearish territory in late ET hours.
• Momentum slowed in the latter half of the day as RSI flattened and volume declined, suggesting a potential exhaustion of buying pressure.
• Price broke below the 2.08–2.107 range, a key support zone, signaling possible short-term bearish continuation.
• Volatility expanded in mid-afternoon before narrowing, indicating a potential consolidation phase ahead.
• The 24-hour volume surged to 707,442.3, with turnover reaching $1,448,822, highlighting the token’s liquidity and activity.

Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 2.056 on 2025-09-13 12:00 ET and traded as high as 2.147 before closing at 2.017 on 2025-09-14 12:00 ET. Total volume reached 707,442.3, and notional turnover hit $1,448,822. The price action reflected a sharp midday rally followed by a prolonged sell-off in the final hours.

Structure & Formations

Price initially formed a bullish flag pattern between 2.056 and 2.147 before encountering selling pressure. A key resistance level was identified near 2.115–2.147, where buyers failed to sustain momentum. Notable bearish candlestick patterns included a dark cloud cover near 2.086–2.092 and a bearish engulfing pattern near 2.088–2.091. The session ended with a long bearish body below the 2.08–2.107 range, suggesting that sellers have regained control.

Moving Averages

On the 15-minute chart, the 20-period MA crossed below the 50-period MA midday, forming a death cross. This bearish signal was followed by a decline into the closing hours. For the daily chart, the 50-period MA crossed above the 200-period MA at the start of the session, suggesting a potential long-term bullish bias, but the 24-hour close fell below the 50 MA, indicating a near-term bearish reversal.

MACD & RSI

The MACD crossed below the signal line during the afternoon, confirming bearish momentum. The RSI flattened near 50, indicating a loss of direction. While the RSI briefly entered overbought territory around midday, it quickly corrected into neutral territory. This suggests traders were hesitant to commit to long positions and were more inclined to secure profits.

Bollinger Bands

The price broke out of a tight Bollinger Band contraction at 2.112–2.137 in the afternoon and tested the upper band. However, this breakout failed to hold and reversed into a retest of the lower band during the close. The current close at 2.017 sits well below the 20-period Bollinger Band mean, suggesting continued volatility and potential for further downside.

Volume & Turnover

Volume surged sharply during the midday rally, particularly between 2.114–2.147, with the largest 15-minute volume of 70,744.23 at 08:15 ET. However, volume declined during the final hours, indicating fading momentum. Turnover mirrored the volume spikes, peaking at $144,882 during the rally. The divergence between price and volume in the closing hours suggests a potential exhaustion of bullish sentiment and a bearish continuation.

Fibonacci Retracements

Key Fibonacci levels on the 15-minute chart include 61.8% at 2.098 and 38.2% at 2.128. These levels coincided with resistance zones where price stalled during the midday rally. On the daily chart, the 61.8% retracement level is at 2.053, which aligns with the current price. This suggests a possible continuation into oversold territory or a consolidation around this level.

Backtest Hypothesis

The backtesting strategy aims to exploit short-term volatility and momentum shifts in the 15-minute timeframe by entering long positions during bullish engulfing patterns and short positions during bearish engulfing patterns, using 20-period and 50-period moving averages as trend confirmation tools. Given today’s data, the strategy would have entered a long position near 2.056–2.086 and a short position near 2.115–2.137. The long position would have been exited near 2.115, while the short position would have been held through the afternoon until a retest near 2.086. This suggests the strategy has potential in a volatile market with clear candlestick signals and confirmed trend lines.