Market Overview for Alpine F1 Team Fan Token/Tether (ALPINEUSDT)

• Price surged 9.7% in 24 hours, peaking at $2.218 before consolidation near $2.19
• Momentum remains elevated with RSI above 60, suggesting bullish continuation
• Volatility expanded through Bollinger Bands, with volume spiking > $90,000 on strong move
• Key support at $2.12–$2.13 tested multiple times, while resistance holds near $2.15
• Divergence in final hours hints at potential profit-taking ahead of next direction

24-Hour Price Action Summary

Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at $1.997 on 2025-09-25 at 16:00 ET and surged to a 24-hour high of $2.218 before closing at $2.192 as of 12:00 ET on 2025-09-26. Total volume reached 1,058,867.66 with a notional turnover of $2,246,028.68. The price exhibited strong bullish momentum, driven by volume spikes in the late evening and early hours of the new day.

Structure & Formations

The price formed a clear bullish trend channel between the $2.12 support and $2.15 resistance levels, with several bullish engulfing patterns reinforcing the uptrend. A notable inside bar pattern formed at $2.143–$2.131, signaling consolidation. A potential bearish divergence appeared as price approached $2.218, indicating a possible short-term top. Key levels to watch include $2.12 (support), $2.15 (resistance), and $2.19 (current pivot).

Moving Averages & MACD/RSI

On the 15-minute chart, the 20-period EMA crossed above the 50-period EMA mid-day, confirming the bullish bias. The MACD histogram expanded positively, with a strong crossover above zero line, supporting the trend. RSI peaked near 70, signaling overbought conditions, yet momentum remains intact. On the daily chart, the 50-period SMA sits at $2.07, while the 200-period SMA at $1.98 confirms a longer-term bullish setup.

Bollinger Bands & Volatility

Price action broke above the upper Bollinger Band for the first time since late September, signaling a sharp increase in volatility. The 20-period BB width reached 0.11 (from 0.06 earlier), indicating a potential reversal or continuation. Price remains within the upper band, suggesting a continuation could be possible unless a bearish reversal pattern forms.

Volume & Turnover Confirmation

Volume and turnover spiked dramatically during the price surge above $2.15, with a total of $91,514.21 in turnover on the final candle at $2.218. This confirms strong buying interest. However, divergence appears in the final 15-minute candles—volume tapers off while price peaks—suggesting a potential exhaustion phase.

Fibonacci Retracements

The recent $1.997 to $2.218 swing aligns with key Fibonacci levels. The $2.15 level represents the 61.8% retracement, currently acting as a pivot. A breakdown below $2.12 would signal a test of the 78.6% retracement at $2.09, while a break above $2.15 could target $2.25. Daily Fibo levels from the $1.997 to $2.218 move align with similar key levels, reinforcing structural importance.

Backtest Hypothesis

A potential backtesting strategy could focus on the bullish engulfing and inside bar patterns observed during the $2.12–$2.15 consolidation phase. Entries could be triggered upon a breakout above $2.15 with confirmation via RSI (crossing above 55) and volume expansion. A stop-loss could be placed below $2.12, while the first target aligns with the 78.6% retracement at $2.09, and the second with $2.25. This setup would have allowed traders to capture the late-day surge while managing risk.