• Highstreet (HIGHUSDT) rose 6.06% in 24 hours, closing at 0.668 after a bullish breakout above 0.665.
• Strong volume confirmed the 0.66–0.665 support-turned-resistance zone, with price action favoring a continuation of the upward trend.
• RSI and MACD showed positive momentum, with RSI near overbought and MACD bullish crossover in place.
• Bollinger Bands tightened prior to the breakout, signaling a potential reversal in volatility.
Highstreet (HIGHUSDT) opened at 0.641 on 2025-07-19 at 12:00 ET and closed at 0.668 at 12:00 ET on 2025-07-20. The 24-hour high was 0.672, and the low was 0.639. Total volume reached 558,410.65, with a notional turnover of $369,297.
Structure & Formations
The price broke above the 0.665–0.663 key resistance cluster, confirming a bullish reversal. A strong bullish engulfing pattern formed on the 15-minute chart around 06:30–06:45 ET, signaling a shift in momentum. A minor bearish divergence appeared in the 05:30–06:15 ET window, but it failed to hold as volume surged on the breakout.
Moving Averages
On the 15-minute chart, price closed above both the 20-period and 50-period moving averages, reinforcing the bullish bias. Daily moving averages (50/100/200) are not fully visible in the dataset, but the 24-hour move appears to be a continuation of a short-term uptrend.
MACD & RSI
MACD crossed above zero during the 06:30–06:45 ET window, aligning with the bullish breakout. RSI surged into overbought territory (75–80 range) by the close, suggesting potential for a short-term pullback or consolidation. However, the strong volume during the breakout supports continued momentum.
Bollinger Bands
Price traded within a tightening Bollinger Band between 0.66 and 0.665 for several hours before breaking out. The breakout occurred during a period of low volatility, suggesting a high-probability reversal. Price now sits above the upper band, signaling a possible continuation of the move.
Volume & Turnover
Volume surged during the breakout and consolidation phases, especially between 06:30–07:30 ET, confirming the strength of the bullish move. Notional turnover increased in tandem, with no significant divergence observed. The highest single 15-minute volume was 29,330.588 at 07:15 ET.
Fibonacci Retracements
The 0.665–0.668 range corresponds to the 61.8% Fibonacci level of the recent 15-minute swing from 0.639 to 0.668. The 0.66–0.665 zone acted as a 38.2% retracement of the earlier bearish move, reinforcing its significance as a support-turned-resistance area.
Highstreet (HIGHUSDT) may continue its upward trajectory in the next 24 hours, with a potential target near 0.675–0.680. However, a pullback to test the 0.663–0.665 area could occur, especially with RSI near overbought levels. Investors should monitor volume for signs of weakening momentum and watch for a potential reversal pattern if the 0.665 level fails to hold.
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