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

• Alpine F1 Team Fan Token/Tether (ALPINEUSDT) closed 0.848 after opening at 0.844, with a high of 0.859 and low of 0.835.
• Price tested key resistance at 0.85 and support at 0.84, with volume spiking at 0.85.
• Momentum appears to have slowed, with RSI hovering near overbought levels late in the day.
• Bollinger Bands widened during the late overnight session, indicating rising volatility.
• Turnover and volume spiked sharply around 9:30–10:00 ET, suggesting increased interest around the 0.85 level.

Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 0.844 on 2025-10-25 at 12:00 ET and closed at 0.848 at 12:00 ET on 2025-10-26, with a high of 0.859 and a low of 0.835 during the 24-hour period. Total volume for the session was 697,437.84, and notional turnover amounted to $573,146. The price action shows a consolidation phase after a sharp move up to 0.859 late on October 26.

Structure and formations suggest two key levels: a resistance at 0.85 and a support at 0.84, both of which were tested multiple times. A notable formation appears near 0.85—specifically, a bullish flag pattern emerging between 0.847 and 0.851, which could indicate a continuation of a short-term uptrend. However, the price failed to close above the 0.85 level consistently, suggesting resistance is holding strong. A potential breakdown scenario is also in play if the price retraces below 0.845, potentially targeting 0.838.

The 20-period and 50-period moving averages on the 15-minute chart show a crossover around 0.844–0.846, indicating a short-term bullish bias. However, the 50-period line has begun to slope downward, which may signal waning upward momentum. On the daily chart, the 50-period moving average currently sits around 0.842, suggesting a longer-term bullish trend, though the 200-period line remains flat at 0.843, indicating no strong reversal signal from the long-term structure.

MACD shows a bullish divergence in the early morning hours, with the histogram expanding as price action approached 0.85. RSI peaked at overbought levels (70+), especially between 10:00 and 10:45 ET, suggesting the price may retest support at 0.845–0.843 in the next 24 hours. Bollinger Bands widened significantly in the early morning, indicating an increase in volatility, with price bouncing between the upper and lower bands multiple times after 2:00 AM.

Volume spiked at key price levels—most notably between 0.845 and 0.851—suggesting increased buying interest as the price approached resistance. Turnover also increased, particularly between 9:30 and 10:00 ET, when the price was at 0.85. There is no significant divergence between volume and price action, indicating that the price move to 0.85 was supported by increased participation. However, the volume profile also shows a drop-off after the 0.859 high, suggesting a potential lack of follow-through buying.

Applying Fibonacci retracements to the swing from 0.835 to 0.859, key levels of interest are 0.852 (38.2%) and 0.846 (61.8%). The price has tested 0.846 multiple times, suggesting that level could serve as a short-term pivot point. The 0.852 level has also been a point of consolidation, indicating that it may act as support or resistance depending on future momentum.

Backtest Hypothesis

A backtest strategy attempted to identify every Bullish Engulfing pattern on Alpine F1 Team Fan Token/Tether (ALPINEUSDT) over the past four years (2022–2025). The pattern-detection process returned no instances of a Bullish Engulfing pattern within this time frame, indicating that such formations are rare or absent in this token's short-term price behavior. As a result, no meaningful post-event statistics or trading performance data could be calculated. One potential adjustment would be to widen the search window or test other candlestick patterns such as the Piercing Line or Hammer. Alternatively, the strategy could be adapted to test on a different fan token or related crypto ETF. Further refinement of the pattern detection logic or the application of a different pattern altogether could improve the strategy's robustness.