Market Overview for Atletico De Madrid Fan Token/Tether (ATMUSDT)

• ATMUSDT traded in a 24-hour range of $1.001–$1.033 with a close near the upper end.
• Strong volume surges occurred after 03:00 ET as price advanced above $1.025.
• RSI approached overbought territory, while MACD showed bullish divergence with price.

The Atletico De Madrid Fan Token (ATMUSDT) opened at $1.001 on 2025-11-06 at 12:00 ET and reached a high of $1.033 before closing at $1.028 on 2025-11-07 at 12:00 ET. The 24-hour low was $1.001. Total volume amounted to approximately 123,872.69 units, with a notional turnover of $124,862.60 (using the close price of $1.028 for estimation).

Price action shows a clear bullish bias over the last 24 hours, particularly in the overnight session from 03:00 to 06:00 ET, where volume and price surged concurrently. A strong bullish engulfing pattern emerged from 03:15 to 03:45 ET, confirming a breakout above key resistance at $1.025. This breakout was supported by a 15-minute 50-period moving average crossover, which turned positive during this period.

The RSI (14) reached overbought levels above 70, suggesting potential short-term exhaustion, though price remained above both 20-period and 50-period moving averages. MACD showed a bullish divergence with price during the early morning, indicating that momentum may still favor buyers despite the overbought signal. Bollinger Bands expanded significantly in the last 3 hours, suggesting rising volatility and a potential consolidation phase ahead.

Fibonacci retracement levels from the recent 15-minute swing suggest that $1.017 (38.2%) and $1.028 (61.8%) served as key support and resistance. Price closed near the 61.8% level, signaling a possible near-term pullback or consolidation.

The next 24 hours may see a pullback toward the $1.023–$1.025 range as traders take profits, though strong volume and bullish candle patterns suggest a retest of $1.032 is possible. Investors should monitor the 20-period MA and RSI for early signs of momentum reversal or continuation.

Backtest Hypothesis
The data-retrieval system currently cannot confirm the exact market or exchange for “ATMUSDT,” and this appears to be a fan token pair with limited liquidity and market coverage. To proceed with a backtest, it is critical to confirm whether “ATMUSDT” is the correct symbol and to specify the exchange. For example, if the correct symbol is “ATOMUSDT.BINANCE,” the system can then retrieve the correct OHLCV data and apply the backtesting logic for Bullish Engulfing patterns. Additionally, a backtest window from 2022-01-01 to 2025-11-06 using daily or 4-hourly data can be executed. Once the correct symbol is confirmed, the system can re-query data, identify valid Bullish Engulfing patterns, and simulate a 3-day holding period to assess performance metrics.