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Summary
• Price action formed a bullish engulfing pattern near 0.590–0.592.
• Volatility increased after 12:00 ET with a 4.5% range from 0.580 to 0.595.
• RSI signaled oversold conditions below 30, hinting at potential bounce.
• Bollinger Bands showed contraction early and expansion late in the window.
• Notional turnover spiked during the 03:15–04:00 ET consolidation.
At 12:00 ET on 2025-12-11, FC Barcelona Fan Token/Tether (BARUSDT) opened at 0.606, reached a high of 0.608, dipped to a low of 0.580, and closed at 0.593. Total volume was 646,319.95, with notional turnover of $378,372.
Structure & Formations
Price tested key support near 0.590–0.592 twice and formed a bullish engulfing pattern during the 03:15–04:00 ET window. A doji formed near 0.593, signaling indecision. Resistance remains near 0.603–0.605, with a bearish harami visible during the 19:30–20:00 ET decline.
Moving Averages
On the 5-minute chart, the 20SMA and 50SMA crossed below price around 0.590 during the overnight dip, then converged back upward near 0.593. Daily 50/100/200SMA alignment remains neutral, with price trading near the 50DMA at ~0.595.
Momentum Indicators
MACD remained in negative territory until the 05:45–06:00 ET reversal, showing a bearish divergence earlier in the window. RSI dropped to 29–32 in the early hours, suggesting potential bounce, but failed to cross above 50.
Volatility & Bollinger Bands
Bollinger Bands contracted early in the session and expanded after 04:00 ET, with price bouncing off the lower band twice. Volatility increased as the window closed, with price hovering near the 20-period upper band during the 12:15–12:30 ET window.
Volume & Turnover
Volume increased during key swing pivots, particularly between 03:15–04:00 ET and 06:30–07:00 ET, confirming the consolidation and the subsequent rebound. Turnover surged during the 03:15–04:00 ET consolidation phase, with divergence noted between volume and price during the 19:30–20:00 ET drop.
**

Fibonacci Retracements
A 5-min swing from 0.606 to 0.580 showed price finding support at 61.8% (0.590) and 78.6% (0.594). On the daily chart, a 38.2% retest at 0.594 appears likely for the next session’s open.
Price may find support near 0.590 and face resistance at 0.596 in the next 24 hours. A break above 0.596 could see a push toward 0.600–0.603. Investors should monitor volume divergences and RSI levels to assess momentum sustainability.
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