• Price declined from 0.00496 to 0.00460 amid bearish momentum and volume expansion.
• Key support at 0.00460-0.00455 was tested multiple times, with rejection observed.
• RSI and MACD signaled oversold conditions, suggesting potential near-term bounce.
• Volatility increased sharply in the final hours, with a 7.5% drop in price after 00:00 ET.
• No major bullish candlestick patterns emerged, but bearish exhaustion may be near.
Alien Worlds (TLMUSDT) opened at 0.00489 on 2025-07-31 at 12:00 ET and closed at 0.00460 at 12:00 ET on 2025-08-01. The price reached a high of 0.00498 and a low of 0.00449 during the 24-hour period. Total volume amounted to 112,134,445.0 and notional turnover was approximately $530,754.
Structure & Formations
Over the past 24 hours, TLMUSDT exhibited a strong bearish bias, with price breaking below key support levels. The most notable resistance was observed at 0.00492-0.00496, where price had previously struggled to move above. A bearish breakdown from that level led to a sharp decline toward 0.00460-0.00455, which acted as a temporary support zone. A few bearish engulfing patterns were visible during the price drop, confirming the downward momentum. A potential bullish reversal may be forming near the 0.00455–0.00460 range, where the price has stalled and rejected further downside.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages both trended downward, indicating bearish control. The 20-period MA crossed below the 50-period MA early in the session, confirming a bearish crossover. On the daily timeframe, the 50, 100, and 200-period MAs are likely aligned in a bearish configuration, suggesting continued downward pressure over the next few days.
MACD & RSI
The MACD line turned negative and remained below the signal line, with bearish divergence evident in the histogram. This suggests that the bearish momentum remains intact. The RSI, on the other hand, moved into oversold territory near 30, signaling that a rebound may be imminent. However, this is not a strong bullish signal unless accompanied by volume confirmation, which has been mixed. The RSI has shown a slight upward tick in the last few hours, suggesting traders may be starting to take a more cautious stance.
Bollinger Bands
Volatility expanded significantly as the price dropped toward the lower
Band, where it found temporary support. The bands widened in the late hours of the session, indicating increased uncertainty among traders. The price has remained near the lower band for much of the session, with a few attempts to move back toward the midline failing. This pattern suggests the market is in a consolidation phase after a sharp decline.
Volume & Turnover
Volume increased sharply during the late hours of the session and into the early morning, especially around the 00:00–04:00 ET period, as the price moved from 0.00489 to 0.00460. This volume expansion confirmed the bearish move. However, there was no significant increase in volume during the recent price rebound from 0.00455–0.00460, suggesting the move may lack conviction. Turnover also spiked during the drop, with the majority of the trading activity occurring during the 00:00–06:00 ET period.
Fibonacci Retracements
Applying Fibonacci retracement levels to the recent 15-minute swing from 0.00498 to 0.00449, the price has found support near the 61.8% level (around 0.00460). This level has acted as a key psychological floor for the past several hours. If the price breaks below this level, the next Fibonacci target is the 78.6% retracement at approximately 0.00451. On the daily chart, the price is near the 38.2% retracement level of a larger bearish move, suggesting that further downside is possible unless a strong bullish reversal occurs.
The market appears to be in a consolidation phase after a sharp bearish move, with key support near 0.00460–0.00455. While the RSI is in oversold territory and the MACD shows potential for a bearish slowdown, further volume confirmation will be needed for a convincing bullish reversal. Over the next 24 hours, traders should watch for a potential bounce from this support or a breakdown below it, which could signal the start of a deeper bearish trend. Investors should remain cautious and monitor both volume and order flow for confirmation of any directional move.
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