Market Overview for Siacoin/Ethereum (SCETH)

• Price action remained range-bound with minimal 15-minute volatility.
• Slight bearish pressure emerged in the last 4 hours of the 24-hour window.
• Volume surged 4-5x during key bullish intraday moves but failed to confirm strong momentum.
• RSI and MACD remained neutral, indicating a lack of clear directional bias.
• Bollinger Bands showed no significant expansion, suggesting low near-term volatility.

Siacoin/Ethereum (SCETH) opened at $0.00000069 at 12:00 ET-1 and closed at $0.00000068 at 12:00 ET on September 11, 2025, with a high of $0.00000070 and a low of $0.00000067. Total volume traded over the 24-hour period was approximately 7.5 million units, while turnover reached $5.25, reflecting uneven participation across intraday sessions.

Structure & Formations

The 15-minute candles painted a picture of consolidation for much of the session. A key resistance level emerged near $0.00000070, where price repeatedly stalled, failing to break out. A minor bearish reversal pattern (inverted hammer) appeared at 15:15 ET on the daily chart. A notable bearish divergence emerged at 07:15 ET, as price made a new high but failed to extend RSI momentum above 55. A potential support zone developed in the $0.00000067–$0.00000068 range, where the price found a floor after a 15-hour rally.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA remained closely aligned, indicating a neutral bias with no clear trend emerging. The 50/100/200-period daily moving averages all showed convergence at $0.00000069, reinforcing the idea that this is a key psychological and technical level. Price closed below both the 50DMA and 200DMA, which may signal a potential short-term bearish bias.

MACD & RSI

The MACD line crossed below the signal line early in the session, forming a bearish crossover. This signaled a potential shift in momentum from bullish to bearish. The RSI remained in a mid-range band between 50 and 60, with no signs of overbought or oversold conditions. A bearish divergence in RSI occurred at 07:15 ET, when price made a higher high but RSI failed to confirm.

Bollinger Bands

Bollinger Bands showed moderate contraction in the early morning hours, which typically precedes a breakout or breakdown. Price remained within the band for most of the session but brushed the lower band at 07:15 ET, suggesting potential oversold conditions. No significant breakouts occurred, and the 20-period standard deviation remained below 0.00000003, indicating subdued volatility.

Volume & Turnover

Volume increased notably in the 19:45–20:15 ET window, coinciding with a bullish push to $0.00000070. However, the price failed to close above the resistance, and volume declined sharply after 21:00 ET, signaling potential exhaustion. Turnover was unevenly distributed, with the heaviest turnover occurring between 00:15–00:45 ET, where price moved sideways despite high volume. A divergence between price and volume emerged after 06:00 ET, suggesting weakening bullish momentum.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute swing from $0.00000068 to $0.00000070, the 38.2% and 61.8% levels currently sit at $0.00000069 and $0.000000687, respectively. Price tested the 38.2% level three times during the session without a clear breakout. On the daily chart, the 61.8% retracement of the larger move from $0.00000067 to $0.00000070 is currently at $0.000000685, which now appears to be a potential support level.

Backtest Hypothesis

A potential backtesting strategy could focus on breakout trades at the $0.00000070 resistance level, combined with volume confirmation. A long entry might be triggered on a close above $0.00000070 with volume above the 20-period moving average. A stop-loss could be placed at the 61.8% Fibonacci level at $0.000000685, while a profit target might aim for the next 15-minute Fibonacci extension at $0.000000705. This setup could be tested over multiple cycles, adjusting entries for RSI momentum and Bollinger Band width as volatility indicators.