Market Overview for Smooth Love Potion/Ethereum (SLPETH) on 2025-11-01

• Price remained locked at 2.8e-07 across all 96 15-minute candles
• Volume spiked at 983674.0 and 26703.0 but otherwise remained at 0.0
• No price movement observed—candles showed no bullish or bearish bias
• Bollinger Bands and MACD/RSI indicators would show no change due to flatness
• Fibonacci levels and moving averages remain neutral due to lack of price direction

Price and Volume Summary

Smooth Love Potion/Ethereum (SLPETH) opened at 2.8e-07 on 2025-10-31 at 16:00 ET and closed at the same price on 2025-11-01 at 12:00 ET. The high and low over the 24-hour period were both at 2.8e-07. Total volume was 1,010,486.0, while total turnover remained unchanged at zero due to a flat price. The price action indicated no meaningful movement or volatility.

Structure & Formations

All 15-minute candlesticks were flat with no variation in open, high, low, or close prices. This pattern suggests a lack of market interest, limited trading activity, or potential listing anomalies. No identifiable candlestick formations, such as dojis or engulfing patterns, could be observed due to the flat price line.

Moving Averages and Volatility Indicators

The 20-period and 50-period moving averages on the 15-minute chart remained flat at 2.8e-07. The daily 50, 100, and 200-period moving averages also remained flat. Bollinger Bands showed no volatility expansion or contraction as the price did not move. This suggests a lack of price discovery and minimal market interaction over the past 24 hours.

Momentum and Overbought/Oversold Conditions

Momentum indicators such as RSI and MACD would remain flat at 50 due to the constant price. RSI did not enter overbought (above 70) or oversold (below 30) territory. This indicates a market in a neutral state, with no directional bias.

Volume and Turnover Analysis

Volume showed two significant spikes of 983,674.0 and 26,703.0, but no price movement accompanied these increases. This divergence between volume and price could indicate unusual trading activity or potential market structure anomalies. Total notional turnover remained at zero due to the unchanging price. No meaningful divergences were observed between price and volume.

Fibonacci Retracements

Fibonacci retracement levels could not be meaningfully calculated due to the absence of price swings. Both daily and 15-minute retracement levels remained neutral. Traders relying on Fibonacci-based strategies would find no actionable levels on this asset at the moment.

Backtest Hypothesis

A potential backtest strategy could be applied to SLPETH using a simple RSI-based approach, such as buying when RSI falls below 30 and selling when it rises above 70. However, in this 24-hour period, the RSI would remain flat at 50, offering no entry or exit signals. This highlights a limitation of the strategy in markets with no price movement or volume. For future testing, a more liquid and volatile asset like Ethereum or a broad-market ETF may be preferable to ensure valid signal generation.