Market Overview for AIXBTUSDT on 2025-09-14

• AIXBTUSDT fell 20% in 24 hours, with heavy selling pressure in the last 6–8 hours.
• Key support tested at 0.1170–0.1175, with possible breakdown to 0.1160–0.1150.
• Volatility expanded significantly after 21:00 ET, with a final 15-minute close at 0.1173.
• RSI oversold and MACD bearish; price may struggle to retest 0.1200 in the next 24 hours.
• Bollinger Bands show price near the lower band, confirming bearish momentum.

AIXBTUSDT opened at 0.1264 on 2025-09-13 12:00 ET, reached a high of 0.1278, and closed at 0.1173 as of 12:00 ET on 2025-09-14. Total volume over 24 hours was ~19.6 million, with turnover reaching ~$2.51 million.

Structure & Formations

Price formed a large bearish engulfing pattern around 19:00 ET, followed by a breakdown below the 0.1238 support level. A key support zone at 0.1170–0.1175 was tested and held in the last 30 minutes of the 24-hour period. A bearish flag formation is visible between 0.1238 and 0.1170, suggesting a possible continuation lower toward 0.1160–0.1150. A doji formed at the 0.1174 level, indicating potential short-term consolidation or reversal.

Moving Averages

On the 15-minute chart, price closed below the 50- and 20-period MAs, confirming bearish momentum. The 50-period MA is now at 0.1205, while the 20-period MA is at 0.1196. On the daily chart, the 50-period MA is at 0.1260, and the 100- and 200-period MAs are at 0.1275 and 0.1285 respectively, with price now well below all three, indicating a strong bearish bias.

MACD & RSI

The MACD turned deeply negative, with the histogram showing bearish divergence. RSI is at 28, entering oversold territory, which typically precedes a bounce. However, given the strength of the bearish move, the RSI bounce may be short-lived. A retest of 0.1200 would require a strong MACD crossover back into positive territory, which seems unlikely in the near term.

Backtest Hypothesis

A potential backtesting strategy could be to short on a close below 0.1175, targeting a 0.1150 stop-loss and a 0.1110–0.1090 take-profit zone. This is based on the bearish engulfing pattern and the breakdown through key support. The RSI oversold condition may provide a false bounce, but a break below 0.1170 with increasing volume would validate the trade. This strategy aligns with the current bearish divergence in both MACD and RSI, and could be optimized using historical data on similar patterns in this asset.

Bollinger Bands

Bollinger Bands have widened significantly since 19:00 ET, indicating a period of high volatility. The lower band is currently at 0.1165, and the price closed at 0.1173, just above the band. This suggests the market is still in a high-volatility phase but may find near-term support near the lower band. A move back inside the bands could signal a temporary pause in the downtrend.

Volume & Turnover

Volume spiked after 19:00 ET, with a 15-minute candle at 21:45 ET seeing 199,661.9 units traded. The final 15-minute period saw a volume of 371,118.7 at a close of 0.1173, confirming the breakdown. Turnover also increased sharply during the sell-off, especially between 21:00 and 23:00 ET. No notable divergence between price and volume was observed; the bearish move was confirmed by rising volume.

Fibonacci Retracements

On the 15-minute chart, the 61.8% retracement level is at 0.1170, which was recently tested and held. A break below this level would target the 38.2% retracement at 0.1152 and the 23.6% retracement at 0.1138. On the daily chart, the 61.8% retracement of the recent swing high is at 0.1163, aligning with the current lower Bollinger Band. A move below 0.1163 would open the door to 0.1140 and eventually 0.1120.

In the next 24 hours, AIXBTUSDT may test the 0.1170–0.1165 range, with a potential breakdown toward 0.1150–0.1140. A bullish reversal would require a close above 0.1200 with increasing volume and a MACD crossover, but this seems unlikely. Traders should remain cautious and watch for divergences in RSI and MACD as potential early signs of a reversal.