Market Overview for Atletico De Madrid Fan Token/Tether (ATMUSDT)

Summary
• ATMUSDT formed bearish engulfing patterns around 0.970–0.972.
• Volatility expanded after 0.976, with volume surging above 9,000.
• RSI indicates moderate bearish momentum, with 50 as potential short-term support.
• Price tested 0.964–0.966 twice, hinting at key support.
• Turnover diverged from price, peaking at 0.962 but failing to drive a rebound.

24-Hour Market Snapshot

Atletico De Madrid Fan Token/Tether (ATMUSDT) opened at 0.973 on 2026-01-04 12:00 ET, reached a high of 0.982, and closed at 0.961 on 2026-01-05 12:00 ET, with a low of 0.956 during the session. Total volume amounted to 82,641.90, and notional turnover was 79,131.94.

Structure & Formations

. The price may test 0.962–0.964 as short-term support or find resistance around 0.968–0.970 in the next 24 hours. A doji formed near 0.964, suggesting hesitation.

Moving Averages

On the 5-minute chart, the 20-period MA dipped below the 50-period MA, forming a bearish crossover. The daily chart shows a flat 50/100/200 MA alignment, indicating a neutral to bearish bias in the broader time frame.

Momentum and Oscillators

The RSI dropped below 50 early in the session, and it remained in bearish territory, indicating moderate downward momentum. The MACD histogram contracted as the bearish trend matured, with the line crossing below the signal line.

Volatility and Bollinger Bands

Volatility expanded after a 0.976 high, with the upper band at 0.978 and the lower at 0.962. Price spent much of the session within these bounds, with a few excursions near the upper and lower edges. A contraction in the bands around 0.968–0.972 could indicate a possible reversal setup.

Volume and Turnover Analysis

Volume spiked significantly at 0.962, but price failed to rebound. A divergence between price and volume suggests a potential bear trap. Turnover confirmed the bearish bias after 0.970, with large notional turnover on declining candles.

Fibonacci Retracements

Recent 5-minute swings saw ATMUSDT retest the 61.8% level at 0.964, which held as support. A breakdown below 0.962 could extend the decline toward the 38.2% retracement at 0.958.

The price may find near-term support at 0.962–0.964 or retest the 0.968–0.970 range. Investors should remain cautious of potential volatility if volume diverges from price action or if key levels are decisively broken.