Summary
• Price tested key resistance at 1.1650–1.1665 but failed to hold above.
• RSI signaled overbought conditions late in the session, with a potential near-term pullback.
• Volume surged during 04:45–05:00 ET, confirming a late-night bullish breakout attempt.
• Bollinger Bands widened post-midnight, showing increased volatility.
• 5-minute 20/50 EMA lines aligned near 1.1585–1.1600, offering dynamic support.
Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.1547 at 12:00 ET − 1, reached a high of 1.1671, touched a low of 1.1547, and closed at 1.1637 by 12:00 ET. Total volume for the 24-hour period was 5,752.1, and notional turnover amounted to approximately 6,700.54.
Structure & Formations
AEURUSDT encountered strong resistance between 1.1650 and 1.1665, where price stalled despite a sharp volume spike. A bearish engulfing pattern formed during the 05:15–05:30 ET window, signaling potential short-term weakness. Key support levels are now forming at 1.1600 and 1.1585, aligning with the 20/50 EMA cluster.
Moving Averages
The 20-period and 50-period moving averages on the 5-minute chart conformed closely around 1.1585–1.1600, reinforcing these levels as dynamic support. The daily 50/100/200 EMA lines are not visible in this data window, but the 5-minute structure suggests the price is testing a potential 1.1600–1.1620 equilibrium.
MACD & RSI
RSI spiked to overbought levels near 1.1671, peaking above 70 during the 04:45–05:00 ET window, but failed to maintain that momentum. MACD showed a bullish divergence during the 04:00–05:00 ET session, but the subsequent bearish crossover suggests momentum is fading.
Bollinger Bands
Volatility increased markedly after midnight, with Bollinger Bands expanding and the price trading near the upper band during the 04:45–05:15 ET period. This indicates heightened buying pressure, but price has since retracted toward the middle band.
Volume & Turnover
Volume spiked dramatically during the 04:45–05:00 ET period, with 478.9 volume and 557.89856 turnover, confirming the short-term bullish breakout attempt. However, the failure to close above 1.1650 suggests the momentum may be temporary.
Fibonacci Retracements
Key 5-minute retracement levels are at 1.1600 (38.2%) and 1.1640 (61.8%). The price is currently testing the 61.8% level, and a break below 1.1600 could bring the 38.2% level into focus as a near-term support.
The market appears poised for a potential test of 1.1600 in the next 24 hours, with the risk of a pullback if the 1.1650–1.1665 resistance fails to hold. Investors should monitor for a possible bearish continuation if RSI remains below 60 and volume fails to confirm further bullish moves.
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