Market Overview: Ampleforth Governance Token (FORTHUSDT) on 2025-08-25

• Ampleforth Governance Token (FORTHUSDT) broke below key support of $3.00 amid a bearish reversal pattern and expanding volatility.
• Volume surged 8x above the 24-hour average during the early afternoon ET selloff, confirming bearish momentum.
• RSI and MACD both signaled overbought conditions earlier in the day before trending downward, hinting at a potential trend reversal.
• Price now consolidating near the 61.8% Fibonacci retracement of its morning rally, indicating critical near-term support.
• Bollinger Bands have widened post-breakout, suggesting increased uncertainty and potential for further downside.

FORTHUSDT opened at $3.001 on 2025-08-24 at 12:00 ET, reached a high of $3.059, and closed at $2.882 by 12:00 ET on 2025-08-25, with a daily low of $2.837. Total volume for the 24-hour period was 561,298.34, and notional turnover amounted to $1,608,943.31.

The 15-minute candlestick data reveals a distinct bearish reversal pattern starting around 19:45 ET, where a large candle with a wide range and wick signaled exhaustion in the bullish phase. This was followed by a sharp decline that broke below the 3.00 psychological support level, with volume spiking to over 46,000 units — nearly eight times the average 24-hour 15-minute bar volume. The 20-period and 50-period moving averages on the 15-minute chart both crossed below the price, reinforcing bearish momentum.

The RSI, which had been in overbought territory in the morning, began trending downward after 19:45 ET, crossing below 50 to indicate weakening bullish control. The MACD line crossed below the signal line during this time, confirming a bearish crossover. Bollinger Bands expanded significantly following the breakdown, reflecting a surge in volatility and uncertainty. Price now hovers near the 61.8% Fibonacci retracement level of the morning rally, a critical area for near-term support.

Looking ahead, traders should watch closely for a potential bounce off the 61.8% Fibonacci level and any divergence in volume or MACD. A sustained close below this level could trigger further selling pressure and push FORTHUSDT toward the next key support near $2.80. As always, volatility remains a risk, and sudden reversals or news events could disrupt this bearish setup.