Market Overview for JUST/Bitcoin (JSTBTC) – October 26, 2025

• Price remained stable around 3.0e-07 throughout the 24-hour window with minimal directional bias.
• No significant momentum was observed, as RSI and MACD showed no strong signals.
• Volatility was extremely low, with Bollinger Bands tightly compressed, suggesting consolidation.
• Volume activity was minimal for most of the period, surging only in late hours before a pullback.
• Fibonacci levels at 3.0e-07 and 2.9e-07 acted as short-term support and resistance, respectively.

The 24-hour candle for JSTBTC opened at 2.9e-07, reached a high of 3.0e-07, and closed at 3.0e-07, with a low of 2.9e-07. The price remained tightly range-bound for most of the period, with no meaningful breakouts. Total volume for the session was approximately 5.2 million, and notional turnover was low, indicating minimal participation.

Under the 15-minute OHLCV data, the pair remained within a narrow range centered around 3.0e-07, with no strong reversal or continuation patterns emerging. The 20-period and 50-period moving averages on the 15-minute chart were closely aligned with price, reinforcing the sideways trend. Daily moving averages (50/100/200) also showed little divergence, supporting the idea of consolidation. Bollinger Bands remained compressed, suggesting low volatility and potential for a breakout in either direction.

The RSI hovered near the 50 level throughout, indicating a neutral momentum phase, while the MACD showed negligible divergence and remained flat. This signals that no clear overbought or oversold conditions were present, and no immediate reversal was triggered. Volume activity was muted early in the session but spiked during a few late-hour periods (e.g., around 9:30–10:00 ET), coinciding with a brief dip to 2.9e-07 before a quick recovery. However, these spikes lacked price confirmation, pointing to potential divergence.

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Applying Fibonacci retracement levels to the key 15-minute swing from 2.9e-07 to 3.0e-07, 3.0e-07 acted as a strong resistance, while 2.9e-07 served as immediate support. The 61.8% retracement level aligned with the 3.0e-07 level, suggesting a possible ceiling for the near term. However, the consolidation pattern suggests a likely continuation of the range with a higher probability of retesting both levels in the coming 24 hours.

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Backtest Hypothesis

The backtesting strategy described aims to exploit short-term volatility and price retracements within a defined range by entering long positions near the 61.8% Fibonacci support and short positions near the 61.8% Fibonacci resistance. Given the observed tight range and the flat RSI and MACD, this strategy could benefit from the current low-volatility environment if the range continues. However, the low volume and minimal trend suggest that any trades should be accompanied by tight stop-losses and conservative position sizing to mitigate false breakouts or whipsaws.

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