Summary
• Price dropped sharply from 0.00014844 to 0.00013600 amid heavy volume.
• Volatility expanded as price fell nearly 8.5% in early trading.
•
indicators suggest oversold conditions post-breakdown.
• Bollinger Bands tightened before the selloff.
• Divergence between volume and price seen in final hours.
Falcon Finance/BNB (FFBNB) opened at 0.00014844 on 2025-11-13 at 12:00 ET and closed at 0.00013907 on 2025-11-14 at 12:00 ET, reaching a high of 0.00014998 and a low of 0.00013467. Total volume for the 24-hour period was 661,053.4, and notional turnover reached $93.39 (using average price and volume).
Structure & Formations
Price action formed a bearish engulfing pattern at 0.00014993 and a sharp breakdown into new intraday lows near 0.00013467. A key support level emerged around 0.00013700–0.00013800 following the selloff, where price found brief respite. A potential resistance level at 0.00014300–0.00014400 could become relevant in a rebound scenario. A doji at 0.00014017 signals indecision and potential reversal near this level.
Moving Averages
On the 15-minute chart, the 20SMA and 50SMA intersected bearishly around 0.00014400, indicating bearish momentum. On the daily chart, price is below all key moving averages (50DMA, 100DMA, 200DMA), reinforcing the downtrend. Price is currently below the 50SMA at 0.00014200 and shows no signs of crossing back above.
MACD & RSI
MACD turned bearish with a negative crossover around 0.00014000, and the histogram showed increasing bearish momentum. RSI hit oversold territory at 27.5 after the selloff, suggesting a potential rebound may be in the cards. However, RSI remains in the lower 30s, which could indicate continued bearish sentiment.
Bollinger Bands
Bollinger Bands tightened between 0.00014300 and 0.00014800 before the breakdown, signaling a possible breakout. Price then broke below the lower band to 0.00013467, confirming a significant bearish move. The current price is near the lower band again at 0.00013575, with potential for further downside if volatility increases.
Volume & Turnover
Volume surged during the selloff, particularly between 19:00 and 21:00 ET, with the highest volume at 74,844.3 (candle at 0.00014441). Notional turnover spiked during this time as well, confirming the breakdown. However, volume has since declined, and price has remained in a tight range near 0.00013900, suggesting a potential consolidation phase.
Fibonacci Retracements
Applying Fibonacci to the 15-minute swing from 0.00014998 to 0.00013467, key retracement levels at 0.00014279 (38.2%) and 0.00014446 (61.8%) have been briefly tested. On the daily timeframe, the 38.2% retracement at 0.00014300 is a potential pivot point if price shows signs of reversal. The 61.8% level at 0.00014500 could act as a stronger resistance.
Backtest Hypothesis
To proceed with an RSI-based back-test, it's crucial to confirm the correct ticker for the asset. If the symbol “HOLD.P” is not providing data, it may be trading under a different variation such as “HOLD” or another code. Alternatively, if the asset is thinly traded or newly listed, the data may not be available in the source. For an accurate and actionable RSI back-test with a 5-day holding period, we recommend verifying the correct ticker or providing a custom data feed covering the desired timeframe. Once confirmed or provided, the back-test can be run immediately to assess historical performance under overbought and oversold conditions.
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