Market Overview for Holoworld AI/Tether (HOLOUSDT) on 2025-11-06

Summary
• Price opened at $0.1081 and closed at $0.1046 with a 24-hour high of $0.1103 and low of $0.1044.
• RSI indicates oversold territory and negative momentum from MACD suggests bearish bias.
• Volatility has expanded as shown by widening Bollinger Bands and high turnover.

Holoworld AI/Tether (HOLOUSDT) opened at $0.1081 at 12:00 ET-1 and closed at $0.1046 at 12:00 ET on 2025-11-06, with a 24-hour high of $0.1103 and low of $0.1044. The total 24-hour volume was 7,123,662.8, with a turnover of 739,031.8 USDT. The price has shown a bearish bias in the past 24 hours with a clear downward drift in momentum and volume confirming the pressure on the pair.

Structure & Formations

Price has shown significant bearish structure over the 24-hour period, particularly between 20:30 and 21:00 ET, where a sharp sell-off brought the price down from $0.1084 to $0.1069, forming a bearish engulfing pattern. Key support levels appear to have formed around $0.1050 and $0.1045, where the price has found some stability in the final hours. Resistance remains at $0.1095–$0.1103, a level the price has failed to retest after initial breakouts.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a steepening bearish crossover, reinforcing the downward momentum. For the daily chart, a 50/100/200-period crossover is not yet confirmed but appears to be aligning in a bearish formation as the price remains below its 50 and 100-day MA, indicating a medium-term bearish bias.

MACD & RSI

The MACD histogram has turned negative and is diverging from price as bearish momentum intensifies. RSI has crossed below 30, entering oversold territory, but has not triggered a significant bounce, suggesting further downside could be in play. However, RSI has begun to show a slight upward turn in the last few hours, which could hint at near-term accumulation.

Bollinger Bands

The Bollinger Bands have expanded in the past 24 hours, reflecting increased volatility. The price has spent much of the period outside the lower band, particularly after 20:00 ET, indicating a period of strong bearish pressure. Currently, the price is near the lower band again, which could suggest either continuation of the trend or a short-term rebound.

Volume & Turnover

Volume was robust in the early bearish leg of the trend, especially between 19:30 and 20:30 ET, with multiple 15-minute candles showing above-average volume and confirming the selloff. Turnover has been consistently higher on down days than up days, reinforcing the bearish sentiment. A divergence appears between the latest volume spikes and price, suggesting some exhaustion may be setting in.

Fibonacci Retracements

Applying Fibonacci retracements to the 24-hour swing from $0.1044 to $0.1103, the 61.8% level lies at $0.1075, which has acted as a dynamic resistance and pivot point. The price has failed to retest this level in the last 24 hours, suggesting continued bearish pressure. On the daily chart, the 38.2% retracement of a larger move is at $0.1065, which may offer near-term support.

Backtest Hypothesis

For a potential backtest strategy, a bearish engulfing pattern identified in the 15-minute chart between 19:30 and 20:00 ET could serve as a signal to short HOLOUSDT. A standard exit rule of 5 trading days with a stop-loss at 1.5% below entry and a take-profit target of 3% above entry could be used. If applied over a longer period, this approach could provide insights into the reliability of bearish patterns in a low-cap crypto environment like HOLO.