Market Overview: Acala Token (ACAUSDT) 24-Hour Technical Summary

• Acala Token consolidates around 0.0295–0.0298 after a sharp 15-minute rally to 0.0311.
• Strong volume expansion confirmed the breakout above 0.0295, but momentum slowed afterward.
• RSI showed overbought conditions briefly before a pullback, suggesting short-term profit-taking.
• Bollinger Bands tightened before the breakout, indicating a potential shift in volatility.
• Price remains above key support at 0.0293, but a close below 0.0290 would signal bearish pressure.

Acala Token (ACAUSDT) opened at 0.0294 on 2025-07-24 at 12:00 ET and reached a high of 0.0311 before closing at 0.0297 at 12:00 ET the following day. The 24-hour range was 0.0287 to 0.0311. Total volume was 175,682,162.89, and notional turnover was approximately $5,138,439.

Structure & Formations

The price of Acala Token formed a bullish breakout above the 0.0295–0.0298 consolidation range, confirmed by a strong volume spike. A key resistance at 0.0306 was tested and broken, but the move to 0.0311 was followed by a pullback, forming a potential bearish divergence. A bullish engulfing pattern emerged at 0.0293–0.0295, supporting the idea that buyers regained control after a brief dip. The 0.0293 level appears to be a strong support, holding price during multiple attempts to break below it.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above the 50-period MA, signaling a short-term bullish bias. The 50-period MA is now approaching the 0.0296–0.0298 range, which could act as dynamic support if the price continues to consolidate. On the daily chart, the 50-period MA sits at 0.0292, suggesting that a close above this level could attract more momentum traders.

MACD & RSI

The MACD crossed into positive territory at the time of the breakout, with a rising histogram suggesting growing bullish momentum. However, the RSI peaked at 68–70, indicating overbought conditions, and has since fallen to the mid-50s. This suggests that short-term traders may be locking in profits, but the overall trend remains intact. A retest of RSI below 50 could signal a deeper correction.

Bollinger Bands

Bollinger Bands contracted sharply between 0.0293 and 0.0297 before the breakout, signaling a period of low volatility. The price then surged above the upper band at 0.0311, indicating a strong move. However, the subsequent pullback brought the price back into the bands, with the 0.0295–0.0300 range acting as a key consolidation area. If the bands widen again, it may indicate renewed volatility.

Volume & Turnover

Volume spiked dramatically during the breakout at 0.0305–0.0311, with a single 15-minute candle showing a turnover of $5.7 million. This confirms strong buying pressure. However, volume has since declined, suggesting that the initial momentum may be fading. A continuation of high volume on further rallies would validate the bullish trend, while a divergence between price and volume could indicate weakening conviction.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.0293 to 0.0311, the 38.2% retracement level is at 0.0298 and the 61.8% level at 0.0303. The price has been consolidating around the 38.2% level, which could be a key area for further buying. On the daily chart, the 61.8% retracement of the larger swing from 0.0287 to 0.0311 is at 0.0300, which aligns with current price action and could be a critical level to watch.

Acala Token appears to be in a consolidation phase following a strong breakout, with key support and resistance levels clearly defined. A sustained move above 0.0306 could attract more long-term buyers, but traders should watch for signs of profit-taking or weakness in volume. As always, a sharp drop in turnover or a close below 0.0293 could signal a deeper correction.