Haedal Protocol Market Overview

The Haedal Protocol (HAEDALUSDT) traded within a 24-hour range of $0.1292 to $0.1545, opening at $0.1381 on 2025-08-24 12:00 ET and closing at $0.1509 on 2025-08-25 12:00 ET. Total volume amounted to 31,779,491.2, while total turnover reached $4,417,482.4. The price action reflects increased volatility and a potential bullish shift in momentum.

Summary

• Price surged from $0.1381 to $0.1509, indicating potential bullish momentum and a break from earlier bearish trends.
• Key resistance levels emerged around $0.1432 and $0.1443, with a breakout above $0.1450 suggesting a possible continuation.
• Volume spiked during the 15-minute candle on 2025-0825 151500, confirming the upward price movement.
• RSI crossed into overbought territory during the 153000 candle, indicating possible short-term corrections.
• Bollinger Bands showed a moderate expansion, suggesting increased volatility and uncertain price consolidation.

Structure & Formations

The HAEDALUSDT chart displayed multiple bullish formations, including a bullish engulfing pattern during the 15-minute candles from 15:00 to 15:30 ET, indicating strong buying pressure. Key support levels appeared at $0.1372 and $0.1356, with the latter showing a bearish rejection. A key resistance level was identified at $0.1443, where price stalled and corrected.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages showed a bullish crossover, suggesting a potential continuation of the upward trend. On the daily chart, the price remained above the 50-period and 100-period moving averages, indicating a medium-term bullish bias, with the 200-period acting as a strong support zone around $0.135.

MACD & RSI

The MACD line crossed above the signal line during the 15:00 ET candle, reinforcing the bullish momentum. The RSI climbed into overbought territory, reaching as high as 73 during the 15:30 candle, suggesting a possible pullback. However, this overbought condition may persist if the bullish trend continues.

Bollinger Bands

Bollinger Bands showed a moderate expansion during the latter half of the 24-hour period, especially after the price surged past $0.1432. The price remained near the upper band, indicating heightened volatility and potential for a continuation, although a retest of the middle band could bring uncertainty.

Volume & Turnover

Volume increased significantly during the last two hours of the 24-hour period, with the 15:1500 candle showing the highest volume of $5,885,646.4 and confirming the upward price movement. Notional turnover also increased in line with price, showing no divergence and validating the bullish sentiment.

Fibonacci Retracements

Fibonacci levels applied to the recent 15-minute swing from $0.1382 to $0.1538 showed key levels at $0.1443 (61.8%) and $0.1427 (38.2%). The price appeared to consolidate near the 61.8% level, suggesting potential resistance if it fails to break through. On the daily chart, the 61.8% retracement of the larger move from $0.135 to $0.1545 is at $0.1432, aligning with key resistance levels.

The forward-looking view suggests that HAEDALUSDT may continue its upward trajectory if it holds above $0.1427, with the next resistance at $0.1443. However, investors should remain cautious of a potential pullback if the RSI remains overbought and the price fails to sustain above key resistance levels.