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Summary
• Price broke above 0.00801 with bullish engulfing and confirmed by volume.
• RSI crossed into overbought territory, suggesting potential consolidation.
• Volatility increased during mid-session with Bollinger Band expansion.
• Turnover spiked at 03:00 ET, coinciding with 0.00805 high and 690k volume.
• 20-period MA on 5-min chart showed a positive cross, reinforcing short-term bullish bias.
Alchemy Pay/USDC (ACHUSDC) opened at 0.00799 on 2025-12-28 12:00 ET and closed at 0.00798 on 2025-12-29 12:00 ET, with a high of 0.00808 and a low of 0.00787. Total 24-hour volume was 1,595,200.0 ACH, and turnover reached 12,697.65 USDC.
Structure & Formations
The price formed a bullish engulfing pattern around 00:45–01:00 ET, breaking above 0.00801. A later bearish divergence in the midday hours hinted at potential retracement. A key resistance level at 0.00805 was briefly breached but not held, with a notable 61.8% Fibonacci retracement at 0.00804 showing some consolidation pressure. The session ended with price near the 38.2% retracement of the morning rally, suggesting a possible pause or reversal could be near.
Moving Averages & Momentum

The 20-period MA on the 5-min chart shifted higher, crossing above the 50-period MA to provide a short-term bullish signal. The MACD line crossed into positive territory during the early morning surge, though the RSI reached 70 in the mid-morning, indicating overbought conditions and potential for a pullback. This suggests momentum may be maturing and a consolidation phase could follow.
Volatility & Bollinger Bands
Bollinger Bands expanded significantly between 02:30–04:00 ET, reflecting increased volatility during the high-volume rally to 0.00808. The price closed near the upper band at 0.00804, signaling possible exhaustion of the current bullish trend. A contraction in band width during the final hours suggests a potential pause in directional movement.
Volume & Turnover Dynamics
The highest volume spike (690,931.0 ACH) occurred at 03:00 ET, coinciding with the high of 0.00805 and a large 5538.63 USDC turnover. This confirms strong buying interest at that level. Volume remained subdued after 06:00 ET, while turnover declined, indicating waning participation. Price and turnover aligned well during the early session but diverged slightly in the final hours, signaling caution.
Forward Outlook and Risk Considerations
In the next 24 hours,
may test key support at 0.00797 and resistance at 0.00804. A failure to break above 0.00805 could trigger a pullback. Investors should remain cautious about overbought momentum and watch for volume confirmation on any new breakouts.Decoding market patterns and unlocking profitable trading strategies in the crypto space

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