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Summary
• Price action showed a key resistance break at 0.002745 followed by consolidation below 0.00268.
• Volume surged during the initial breakout but trailed off, suggesting mixed conviction.
• RSI and MACD signal neutral momentum with no clear overbought or oversold signals.
• Bollinger Bands indicate reduced volatility as price remains compressed near the midline.
• A bearish engulfing pattern formed near 0.002704, signaling possible near-term downward bias.
Alien Worlds/Tether (TLMUSDT) opened at 0.002716, peaked at 0.002911, and closed at 0.002634 by 12:00 ET, with a 24-hour volume of 1.68 billion and a turnover of 485,000 USDT.
Structure and Candlestick Patterns
Price broke above a key resistance at 0.002745 briefly before a sharp reversal, forming a bearish engulfing pattern near 0.002704. A doji appeared at 0.00268, signaling indecision. A descending triangle pattern formed from 0.002911 to 0.002641 on the 5-minute chart, suggesting potential further downward momentum if support at 0.00265 holds.
Volatility and Bollinger Bands
Bollinger Bands remained narrow for much of the session, indicating low volatility.

Momentum and Indicators
RSI hovered in the neutral range, failing to enter overbought or oversold territory. MACD showed a weak bearish divergence in the late session, indicating possible downside. The 20-period and 50-period moving averages on the 5-minute chart crossed below key swing highs, reinforcing bearish signals.
Volume and Turnover
Volume surged during the initial breakout at 18:45 ET, with a high of 117 million, but declined sharply afterward. Turnover mirrored volume, with no clear divergence, suggesting liquidity remained aligned with price movement.
Fibonacci Retracements
Recent swings from 0.002911 to 0.002641 showed price consolidating near the 61.8% retracement level at 0.00273. A potential retest of the 38.2% level at 0.00277 could signal a continuation or reversal, depending on volume and breakout strength.
The market may continue to consolidate within the 0.00265–0.00273 range, with a potential test of support at 0.002625. Investors should remain cautious of increased volatility as the Bollinger Bands widen.
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