Market Overview: Vaulta/Bitcoin (ABTC) 24-Hour Analysis

Summary
• Vaulta/Bitcoin (ABTC) ended 24h with a bearish close at $2.74, down from $2.76.
• Volatility surged midday, with a high of $2.84 and a low of $2.69.
• Volume spiked at 23:00 and 16:00 ET, with 13,771.3 and 9,246.8 units traded.
• RSI showed overbought conditions early, but price failed to sustain above 50.
• Bollinger Bands expanded, reflecting increased short-term uncertainty.

Vaulta/Bitcoin (ABTC) opened at $2.76 on 2025-11-10 at 12:00 ET and reached a high of $2.84 before closing at $2.74 on 2025-11-11 at 12:00 ET. The 24-hour volume was 109,090.9 units, with a total notional turnover of $305.55. Price action showed a volatile range with a notable bearish reversal toward the end.

Key support levels appear at $2.73–$2.74, while resistance is near $2.78–$2.81. A “Bullish Engulfing” pattern was observed briefly near $2.76 but failed to hold. A “Shooting Star” and “Bearish Harami” later signaled weakening momentum. The 20-period and 50-period SMAs on the 15-minute chart suggest price may find near-term direction below $2.76.

The 50-period daily SMA is below the 200-period SMA, indicating a bearish bias in the broader trend. RSI reached overbought territory at 65 but fell back to neutral levels, suggesting lack of follow-through. MACD lines crossed below the signal line, reinforcing a potential bearish shift. Bollinger Bands showed a sharp expansion, indicating heightened short-term volatility.

Fibonacci retracements from the recent $2.84 high identified a 38.2% level at $2.77 and a 61.8% level at $2.74, with the latter coinciding with the 24-hour close. Volume diverged from price in the final hours, with a large bearish candle at the 11:45–12:00 ET window. This divergence suggests potential for a near-term reversal or consolidation phase.

Backtest Hypothesis
The Bullish Engulfing pattern, used as a trigger in this backtest, showed a 62.5% win rate when held for 3 days, with an average 20% gain and a maximum drawdown of -10.5%. The strategy’s Sharpe ratio of 0.75 supports its risk-adjusted performance. These results align with the observed short-term volatility and pattern behavior in ABTC’s 15-minute chart, suggesting that traders may benefit from monitoring the 38.2% and 61.8% Fibonacci levels for potential entries or exits.