Market Overview for A2ZUSDT on October 31, 2025

• A2ZUSDT traded in a tight range during early hours before a sharp breakout in late evening ET.
• Price surged past 0.00385 and found temporary resistance at 0.003895 by midday.
• Volume spiked during the 0.00392–0.003942 rally, confirming strength in the upward move.
• RSI approached overbought levels in the afternoon, suggesting potential for a pullback.
• Bollinger Bands widened during the breakout, indicating rising volatility.

24-Hour Summary

On October 31, 2025, A2ZUSDT opened at 0.003807 and reached a high of 0.003959 by 15:00 ET. The pair closed at 0.003942 by 12:00 ET the following day, having traded as low as 0.003779 earlier. Total volume for the 24-hour period was 78,655,155.00, with a notional turnover of approximately $307,857.35 (based on average price of 0.003889). Price action was driven by a late-night consolidation followed by a bullish breakout in the early hours of October 31.

Structure & Formations

A strong consolidation phase between 17:00–22:00 ET formed a clear base around 0.00382–0.00384. A bullish breakout followed in the early hours of October 31, with strong follow-through on volume. Key resistance levels include 0.00387, 0.003905, and 0.003935, with the last acting as a recent high. On the downside, 0.003855 and 0.003821 appear as strong support zones based on rejections and retracements.

A bearish engulfing pattern appeared at 17:30–18:00 ET, indicating short-term bearish momentum that was later reversed. A bullish harami formed near 22:30–23:00 ET, suggesting a potential reversal from a downward trend.

Moving Averages and MACD

The 20-period and 50-period moving averages on the 15-minute chart crossed into bullish territory during the early breakout phase. The 50-period line crossed above the 20-period line, confirming a bullish bias. MACD showed a positive divergence in the morning hours, aligning with the price breakout. RSI reached 68–70 by midday, suggesting potential overbought conditions and possible near-term pullback risks.

Volatility and Bollinger Bands

Bollinger Bands expanded significantly after 04:00 ET as the rally gained momentum, signaling rising volatility. Price remained within the upper band for most of the day, indicating a strong bullish bias. A contraction in band width occurred during the early consolidation phase, setting up for the breakout.

Backtest Hypothesis

The backtesting strategy described attempts to identify Bearish Engulfing candlestick patterns in A2ZUSDT for potential short trades. However, the retrieval of this data encountered an internal-server error, indicating a potential issue with the symbol or the data source. A possible explanation is the symbol "A2ZUSDT" being unsupported or delisted from the data provider. To proceed with the backtest, verifying the correct ticker format (e.g., exchange-specific symbols like "BINANCE:A2ZUSDT") or supplying manual event dates would be necessary. A successful backtest would require consistent access to the metadata and historical candlestick data of this asset.