Summary
• Price opened at $0.0674 and closed at $0.0657 with a 24-hour range of $0.0646–$0.0679.
• Volatility increased mid-night with a sharp decline from $0.066 to $0.0646, signaling potential short-term risk.
• Volume spiked to 4,285.7 at 12:45 AM ET, indicating heightened interest during a price downturn.
Catizen/USDC (CATIUSDC) opened at $0.0674 on 2025-11-11 at 12:00 ET and closed at $0.0657 by 12:00 ET on 2025-11-12. The 24-hour trading range was between $0.0646 and $0.0679, with a total trading volume of 113,553.8 tokens and a notional turnover of approximately $7,490.32.
Structure & Formations
The 15-minute chart shows a bearish bias, with a strong breakdown from $0.066 to $0.0646. Key support levels appear at $0.065, $0.0645, and $0.064. A notable bearish engulfing pattern occurred at 02:45 AM ET (time 024500), signaling a shift in
. Resistance levels are currently forming around $0.0655 to $0.066, with a possible test expected in the coming hours.
Moving Averages
On the 15-minute chart, the 20-period MA is bearish and sits below the 50-period MA, suggesting continued downward pressure. On the daily chart, the 50-period MA is approaching the 100-period MA, indicating a potential consolidation or shift in trend. The 200-period MA remains above both, suggesting long-term bearish tendencies.
MACD & RSI
The MACD line crossed below the signal line early in the trading session, confirming bearish momentum. The RSI dropped into oversold territory briefly at $0.0646, but failed to generate a rebound. This divergence suggests caution for potential short-covering or a false recovery.
Bollinger Bands
Volatility expanded after midnight with a price move inside the lower Bollinger band. Price reached the lower band at $0.0646 and remained there, suggesting exhaustion in the downward move. A retest of the upper band at $0.066 could be a key trigger for a near-term reversal.
Volume & Turnover
Volume spiked significantly during the 12:45 AM ET candle, with 4,285.7 tokens traded as price dropped to $0.0648. This indicates strong bearish conviction. However, the lack of follow-through volume after the low suggests waning momentum. Turnover confirmed the volume spikes, showing consistent price-volume alignment during the downtrend.
Fibonacci Retracements
Applying Fibonacci retracements to the recent swing from $0.0646 to $0.0659, key levels to watch include 38.2% at $0.0652 and 61.8% at $0.0655. A bounce from the 61.8% level could signal a short-term bullish reversal.
Backtest Hypothesis
The backtest strategy under consideration relies on timely and accurate price data for CATIUSDC to evaluate its effectiveness in real market conditions. At present, the backtest cannot proceed due to unavailability of the price data for the symbol. Once a correct or alternative symbol is confirmed—such as “CAT-USDC” or a valid exchange-specific ticker—the strategy can be applied, potentially testing entry/exit signals against the identified support/resistance levels and RSI divergence. This will provide empirical validation for the technical assumptions outlined above.
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