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(FLUXUSDT) fell sharply from 0.205 to 0.1962 before rebounding to close near 0.2013 at 12:00 ET.
• A bullish reversal pattern formed around 0.1962, with increasing volume and narrowing volatility.
• Momentum improved in the final 6 hours, with RSI showing signs of bottoming near oversold territory.
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Band contraction early in the session suggested a possible breakout, later confirmed by rising prices.
• Turnover spiked dramatically post-02:45 ET during the rebound, signaling renewed buyer interest.
Flux (FLUXUSDT) opened at 0.205 on 2025-08-25 at 12:00 ET, dropped to a low of 0.1962 before rebounding, and closed at 0.2013 on 2025-08-26 at 12:00 ET. The 24-hour volume totaled ~1.64 million contracts, with a turnover of approximately $337,000.
Structure & Formations
A strong support level emerged at 0.1962, where a bullish reversal pattern formed, including a hammer and a rising three methods formation. Resistance is forming at 0.202–0.203, where price stalled multiple times. A key breakout above 0.203 may signal a potential test of 0.205–0.206.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages crossed near 0.196–0.197, reinforcing the bullish bias. Daily moving averages (50/100/200) indicate bearish control for the larger timeframes, suggesting a likely retest of the 15-minute bullish bias before a broader breakout.
MACD & RSI
MACD turned positive after 02:00 ET, signaling renewed bullish momentum. RSI reached oversold levels (around 30) at the low and has since moved to neutral territory (~50), suggesting a potential continuation of the upward trend if momentum holds.
Bollinger Bands
Volatility was compressed between 0.200 and 0.197 for most of the session, with price breaking out from the lower band after 02:45 ET. The recent close at 0.2013 is comfortably above the middle band, with a slight expansion in the bands indicating increased activity.
Volume & Turnover
Volume spiked to over 464,000 contracts at 02:45 ET, coinciding with the key rebound. Turnover followed suit, reaching a peak of over $900k during the same period. This confirms the strength of the bullish reversal rather than a false breakout.
Fibonacci Retracements
The 38.2% retracement level of the 0.1962–0.2013 move is at 0.1979, with the 50% level at 0.1988. A break above 0.202 may test the 61.8% retracement at 0.2037, potentially leading into the 0.205 zone.
Flux appears to be in a consolidation phase with a clear bullish reversal pattern in place, suggesting the next 24 hours could see a test of key resistance levels above 0.202. However, traders should remain cautious of potential pullbacks if volume does not continue to confirm the bullish momentum.
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