Alpine F1 Team Fan Token/Tether Market Overview

Summary
• ALPINEUSDT opened at 0.708 and closed at 0.735 after hitting 0.792 and 0.706.
• A sharp rebound emerged from 0.726 to 0.735, with volume surging in the final 3-hour window.
• RSI and MACD show moderate bullish momentum, but price remains in a tight consolidation phase.

Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 0.708 on 2025-11-07 at 12:00 ET, and by the same time the following day, closed at 0.735, with a high of 0.792 and a low of 0.706. The 24-hour trading session saw a total volume of 4,456,685.05 tokens, and a notional turnover of $3,225,614.10. The price action suggests a volatile 24-hour period with strong support forming around the 0.720–0.726 level.

The 20-period and 50-period moving averages on the 15-minute chart both trended upward toward the close, suggesting a short-term bullish bias. Price action showed a strong rejection of the 0.706 level early in the session, which became a key support zone. The formation of a Bullish Engulfing pattern in the 17:00–19:00 ET time window marked the beginning of a multi-hour rebound, indicating a shift in sentiment from bearish to bullish. Additionally, a trend reversal pattern was observed as the price moved above the 0.730 psychological barrier and found consolidation near 0.735.

Momentum and Volatility Indicators

Relative Strength Index (RSI) fluctuated between 45 and 65 throughout the session, showing a neutral to moderately bullish momentum without hitting overbought (70+) or oversold (30–) levels. On the 15-minute chart, the RSI crossed above 50 after 17:30 ET, aligning with the start of the bullish rebound. The Moving Average Convergence Divergence (MACD) remained positive for much of the session, with a narrowing histogram suggesting waning momentum in the late hours.

Bollinger Bands expanded during the sharp intra-day move from 0.706 to 0.792, with the price closing near the upper band. This expansion indicated high volatility, particularly between 18:30 and 19:30 ET. The consolidation in the final hours brought the price closer to the middle band, signaling a potential reversal or consolidation phase.

Volume and Turnover Analysis

The highest trading volume occurred between 18:30 and 19:30 ET, with a peak volume of 1.92 million tokens, coinciding with a $1.44 million turnover. This high volume and turnover at the session’s peak confirmed the strength of the bullish breakout. However, volume dipped significantly after 20:00 ET, indicating reduced conviction in the upward move. A divergence emerged in the final 3 hours as price continued to rise while volume declined, suggesting a potential pause in momentum.

Fibonacci retracement levels applied to the recent swing from 0.706 to 0.792 showed that the price settled just below the 61.8% retracement level at 0.766, indicating a strong area of consolidation. This suggests traders are testing whether 0.766 is a viable target for the next leg up or if the market will consolidate first.

Backtest Hypothesis

The “Bullish Engulfing – 3-Day Hold” strategy offers a structured way to capitalize on price reversal patterns like the one observed in this 24-hour window. Given the strong confirmation of the pattern in the 17:30–19:30 ET period, the strategy could have entered a position at the close of the engulfing candle. Holding for 3 trading days and setting symmetric 10% stop-loss/take-profit levels provides a conservative yet structured approach to risk management.

This strategy leverages the momentum and volume dynamics seen in the ALPINEUSDT chart, particularly the strong volume confirmation of the bullish pattern. While it may not capture all short-term fluctuations, it aligns with the market’s tendency to consolidate after a sharp move and could offer a favorable risk/reward ratio for investors seeking to ride a reversal.