Market Overview for Haedal Protocol/BNB (HAEDALBNB) – 2025-09-25

• Price declined 6.1% over 24 hours amid sustained bearish momentum and low-volume consolidation.
• RSI below 30 signals oversold conditions, but lack of volume weakens bullish conviction.
• Key support at 0.0001387 tested multiple times; break below could accelerate downward bias.
• Bollinger Band contraction in early morning suggests low volatility; expansion expected as pressure builds.
• Negative divergence in MACD and price highlights bearish exhaustion, but buying interest remains shallow.

The pair opened at 0.0001457 (12:00 ET – 1) and closed at 0.0001357 by 12:00 ET, with a high of 0.0001457 and a low of 0.0001357 over the 24-hour window. Total volume traded was 11,367.2, and turnover reached 1.59970325. A consistent downtrend emerged from the early afternoon, with consolidation and low-volume trading dominating in the latter half of the session.

The structure of the 15-minute candles revealed a strong bearish bias after 16:15 ET, where the first significant drop occurred. A key support level at 0.0001387 formed as a repeated floor, with the price failing to close above it after multiple attempts. The 20-period moving average crossed below the 50-period line, indicating a short-term bearish crossover. The 50-period moving average is currently at 0.0001407, while the 200-period sits at 0.0001457, placing the price well below both, a bearish signal in the context of mid-term trends.

MACD lines showed a consistent bearish divergence from price highs, particularly after 20:45 ET, where the MACD histogram began shrinking while price continued to fall. RSI dipped below 30 during the early morning, signaling oversold conditions, but the lack of strong volume spikes suggested limited immediate buying interest. Bollinger Bands constricted significantly between 03:00 and 06:00 ET, indicating a period of consolidation before a sharp break to the downside.

Fibonacci retracement levels highlighted critical points of resistance and support. The 61.8% level at 0.0001387 held for several hours but was ultimately broken late in the session. A 38.2% retracement at 0.0001417 acted as a minor resistance early on. These levels may see renewed testing in the next 24 hours if volatility increases.

Volume spiked moderately around 05:00 ET and again at 08:15 ET, but these did not translate into meaningful price recovery. Notional turnover mirrored volume patterns, confirming a lack of conviction among buyers. The price could test the next key support at 0.0001358 if the current bearish momentum continues. However, a reversal above 0.0001387 could trigger a short-term rebound.

Backtest Hypothesis
A potential backtesting strategy could focus on identifying bearish divergence in RSI and MACD while price remains below the 20-period moving average, with stop-loss placed above key resistance levels. Entries could be triggered on a break of the 61.8% Fibonacci level or after a rejection at the 38.2% level with increasing volume. Trailing stops could be used to lock in gains as the pair moves lower, with a target near 0.0001358 and 0.0001347. This approach assumes that the current bearish momentum remains intact and that buying interest at lower levels remains shallow.