Summary
• Price consolidated in a tight range with minimal movement below 2.17e-06.
• A bullish break above 2.17e-06 could trigger increased buying pressure.
• Volume surged briefly in early morning ET, failing to confirm a breakout.
• MACD remains flat, signaling low momentum amid range-bound action.
FLOWBTC opened at 2.14e-06 on 2025-12-15 12:00 ET, reached a high of 2.17e-06, and closed at 2.15e-06 on 2025-12-16 12:00 ET, with a low of 2.12e-06. Total 24-hour volume amounted to 159,891.27 and notional turnover at approximately $358.
Structure & Formations
Flow/Bitcoin formed a narrow trading range from 2.12e-06 to 2.17e-06 over the past 24 hours. A key resistance appears near 2.17e-06, where multiple candlesticks closed indifferently. The pattern suggests indecision among traders, with no clear breakout direction yet established.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages are closely aligned near the midpoint of the range. Daily moving averages show no significant deviation, indicating a continuation of the sideways bias.
MACD & RSI
MACD remains neutral, hovering near the zero line with no clear divergence. RSI is steady around 50, pointing to a balanced market with no signs of overbought or oversold conditions.
Bollinger Bands
Price remains within the Bollinger Bands, with no notable contraction or expansion in volatility. The current range suggests low volatility, and a potential breakout could trigger a widening of the bands.
Volume & Turnover
Volume spiked in the early morning ET as the price approached 2.17e-06, but failed to confirm a breakout. This divergence suggests caution. Notional turnover increased in tandem with volume but remains below recent peaks.
Fibonacci Retracements
Recent 5-minute swings show potential support near 2.15e-06 (38.2% level) and resistance at 2.17e-06 (61.8%). A sustained break above the 61.8% level could lead to further bullish momentum.
Over the next 24 hours, a decisive move above 2.17e-06 may indicate renewed buying interest, while a drop below 2.15e-06 could signal bearish pressure. Investors should remain cautious as range-bound conditions persist.
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