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

Summary
• ATMUSDT tested 0.945 as a key support and rebounded with positive momentum.
• Price action showed bullish engulfing patterns around 0.94–0.945.
• Volume surged after 0.945 support test, with 1936.89–8477.72 volume spikes.
• RSI indicated overbought conditions near 0.95, but price consolidated below that.
• Bollinger Bands widened during the 0.94–0.952 range, indicating rising volatility.

At 12:00 ET − 1 on 2025-12-24, ATMUSDT opened at 0.93 and traded between 0.928 and 0.952 before closing at 0.949 at 12:00 ET on 2025-12-25. Total 24-hour volume amounted to approximately 208,039.34, with notional turnover reaching 196,478.08.

Structure & Formations

The 24-hour period saw ATMUSDT consolidate between 0.93–0.952, with 0.945 acting as a psychological support level that was tested multiple times. A bullish engulfing pattern formed on 0.944–0.946, suggesting a potential short-term reversal from lower levels. A small doji appeared at 0.943–0.944, indicating indecision after a recovery.

Moving Averages and Trend Indicators

On the 5-minute chart, the 20SMA and 50SMA showed a bullish crossover around 0.944–0.946, reinforcing the upward move. The 50/100/200 SMA on the daily chart indicated a flattening trend, suggesting the market could be transitioning from bearish to neutral.

Momentum and Volatility

MACD showed a positive divergence during the 0.94–0.952 consolidation, indicating strengthening bullish momentum. RSI pushed toward overbought territory near 0.95, but failed to hold above it, suggesting caution for further upside. Bollinger Bands expanded around 0.94–0.952, reflecting increased volatility.

Volume and Turnover

The most significant volume surge occurred between 0.944–0.952, coinciding with the 0.945 support test and subsequent recovery. Notional turnover also spiked during this period, validating the price action. No clear divergence was observed between volume and price movement, suggesting solid conviction.

Fibonacci Retracements

A key 61.8% Fibonacci retracement level was observed near 0.945–0.946, which corresponded to a strong bounce and consolidation. Shorter 5-minute swings showed 38.2% retracements near 0.943–0.944, which acted as minor supports.

ATMUSDT appears to have found a bottom near 0.945 and may test 0.952 for a potential breakout in the next 24 hours. However, traders should remain cautious about overbought conditions and watch for any divergence in momentum indicators.