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

Summary
• Price fluctuated between $0.580–$0.597, with late-day consolidation near key Fibonacci levels.
• Momentum shifted multiple times, suggesting indecision with no clear overbought or oversold extremes.
• Volume surged during midday rally, but declined in the final hours, signaling potential consolidation.
• Bollinger Bands showed moderate volatility, with price frequently testing the mid-band and upper-bound.
• A bullish engulfing pattern emerged near the 24-hour high, hinting at possible short-term reversal.

The Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at $0.592 on 2025-12-31 at 12:00 ET, reached a high of $0.597, and closed at $0.593 by 12:00 ET on 2026-01-01, with a low of $0.580. Total 24-hour volume amounted to 1,242,606.56 and turnover reached $735,291.80.

Structure & Key Levels

Price oscillated between $0.580–$0.597, forming a tight range-bound structure. A bullish engulfing candle near the high suggested temporary bullish pressure. The 0.585–0.590 range acted as key support and resistance, while 61.8% Fibonacci retracement at ~$0.589 appeared to hold during pullbacks.

Momentum and Indicators

Momentum fluctuated throughout the day without a clear overbought or oversold signal on the RSI, which remained within 40–60. MACD lines showed inconsistent divergences, with a small bullish crossover at the 24-hour high.

Volatility and Bollinger Bands

Bollinger Bands displayed moderate volatility, with price oscillating within the bands. A brief contraction occurred midday before expanding during the rally. Price tended to close near the mid-band, indicating sideways pressure.

Volume and Turnover Analysis

Volume spiked during the midday rally, particularly between 00:00–01:30 UTC, while turnover confirmed the price move. However, volume declined in the final 6 hours, suggesting reduced conviction. A small divergence between price and volume in the final candle raises caution.

The next 24 hours may see a test of $0.593 resistance or a pullback toward $0.587–0.589. Investors should remain cautious of consolidation and watch for a breakout above or below this range.