Market Overview for SuperVerse/Bitcoin (SUPERBTC) on 2025-11-07

Summary
• Price climbed to a 24-hour high of $0.00000298 with mixed momentum.
• Volume surged near the close, but turnover remained relatively modest.
• Key resistance appears near $0.00000295, with support at $0.00000287.

SuperVerse/Bitcoin (SUPERBTC) opened at $0.00000284 on 2025-11-06 at 12:00 ET, reached a high of $0.00000298, and closed at $0.00000295 on 2025-11-07 at 12:00 ET. The 24-hour volume was 105,072.0, and the total notional turnover (amount) was 1,076.4.

Structure & Formations

Price action on the 15-minute chart showed a series of bullish reversals in the late afternoon and evening hours, including a hammer at 2045 ET and a bullish engulfing pattern at 0515 ET. These suggest short-term buying pressure. Resistance appears to be forming at $0.00000295–$0.00000298, while support has held at $0.00000287–$0.00000289. A potential breakdown below the 20-period moving average could trigger bearish follow-through.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line late morning, signaling a bullish bias. However, on the daily chart, the 50-period moving average appears to be flattening slightly and remains below the 200-period line, indicating a longer-term neutral to cautious stance. The 100-period MA on the daily chart continues to act as a soft resistance.

MACD & RSI

MACD showed a positive divergence with price during the early morning hours, suggesting momentum was outpacing price movement. RSI peaked near overbought levels during the 0500–0700 ET window but failed to sustain above 60, hinting at potential exhaustion. A pullback to 50–55 could signal a balanced market, while a drop below 40 would indicate bearish pressure.

Bollinger Bands

Volatility expanded during the late-night session, with the bands widening as price approached the upper band. By 0800 ET, price had pulled back slightly and traded within the band, indicating a re-centering phase. The lower band sat at $0.00000292, and the upper at $0.00000301—price appears to be consolidating ahead of a potential breakout.

Volume & Turnover

Volume spiked sharply at 0515 and 1630 ET, coinciding with price highs of $0.00000298 and $0.00000310. Turnover remained relatively stable until the final two hours, when volume and turnover aligned, indicating conviction in the final price push. The lack of divergences between volume and price suggests the recent rally is supported by genuine demand.

Fibonacci Retracements

On the 15-minute chart, price tested the 61.8% Fibonacci level at $0.00000295 in the early morning and bounced off it into a new high. Daily-level Fibonacci levels indicate key retracements at $0.00000290 (61.8%) and $0.00000294 (50%), both of which may act as pivot points in the next 24 hours.

Backtest Hypothesis

The backtest strategy proposed involves using MACD to generate 10-day holding signals on each golden cross. While MACD data for the original symbol “HOLD.P” was unavailable, the analysis of SUPERBTC reveals multiple golden crosses on the 15-minute chart. For example, a golden cross occurred at 1700 ET, aligning with a rally from $0.00000284 to $0.00000295 over the next 10 hours. This suggests that the strategy could be effective for shorter timeframes, particularly when combined with volume confirmation and RSI filtering to avoid false positives.