Market Overview for AdEx (ADXUSDT) as of 2025-08-22

• ADXUSDT opened at 0.1331, closed at 0.1409, hitting a high of 0.1417 and low of 0.1309.
• Bullish momentum emerged after a sharp rally from 0.1309 to 0.1417, supported by rising volume and turnover.
• Key resistance appears at 0.1416–0.1417, with support forming near 0.1386–0.1394.
• RSI crossed into overbought territory, suggesting a potential pullback, but volume confirms the strength.
• Bollinger Bands expanded during the rally, signaling increased volatility and a possible consolidation phase.

Market Overview

AdEx (ADXUSDT) opened at 0.1331 on 2025-08-22 and closed the 24-hour period at 0.1409, reaching a high of 0.1417 and a low of 0.1309. Total volume reached approximately 4.3 million USD, with notional turnover exceeding 565,000 USD. The market showed strong bullish momentum, particularly in the 14:15–16:00 ET window, where a sharp rally broke through prior resistance levels.

Structure & Formations

The price formation over the last 24 hours showed a clear breakout pattern from a descending triangle, with a decisive close above the upper boundary at 0.1416–0.1417. A bullish engulfing pattern formed at 0.1309–0.1313, confirming the shift in sentiment. A doji near 0.1408–0.1411 may indicate a pause in the rally, but it is not yet a sign of bearish rejection.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are both trending upward, with the 20 MA currently at 0.1392 and the 50 MA at 0.1379. Price is above both, indicating a bullish bias. On the daily chart, the 50, 100, and 200-day MAs are not available in this dataset but historically support the 0.1330–0.1345 zone as a key support level.

MACD & RSI

The MACD showed a strong positive crossover around 14:15 ET, with the histogram expanding as volume and price surged. RSI reached overbought territory near 74–76, suggesting a potential pullback. However, the RSI divergence is not clear, and volume continues to support the price action, reducing the likelihood of an immediate reversal.

Bollinger Bands

The Bollinger Bands expanded significantly during the 14:15–16:00 ET rally, with the price moving from the lower band at 0.1309 to the upper band at 0.1417. This expansion indicates a period of high volatility and momentum. Price is now consolidating near the upper band, which may signal a temporary pause before the next directional move.

Volume & Turnover

Volume increased sharply during the breakout at 14:15–14:30 ET, with a spike of over 750,000 USD in turnover from 14:15–14:30 ET. The price and volume moved in sync, confirming the strength of the rally. However, a divergence may emerge if volume declines during the consolidation phase, which could signal weakening bullish momentum.

Fibonacci Retracements

Applying Fibonacci to the recent swing from 0.1309 to 0.1417, key retracement levels appear at 0.1379 (38.2%) and 0.1352 (61.8%). These levels may act as short-term support. On the daily chart, retracement levels from prior bearish swings are near 0.1330 and 0.1280, which could serve as critical support if the current rally falters.

The rally appears to have strong near-term legs, with momentum and volume confirming the move above key resistance. However, with RSI in overbought territory and Bollinger Bands stretched, a consolidation or short pullback may occur before the next directional move. Investors should watch for volume behavior and key Fibonacci levels as potential turning points in the next 24 hours.