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Summary
• Price surged 27.5% during a volatile 5-minute window before consolidating near 0.293–0.298.
• Volume spiked sharply from 09:45 to 11:15 ET, exceeding 1.6 million units during a key breakout.
• RSI signaled overbought conditions late morning, but price remained above key 5-minute and daily moving averages.
• A bullish engulfing pattern formed around 09:30 ET, followed by a continuation to 0.301.
• Bollinger Bands expanded during the morning rally, indicating increased volatility.
The 24-hour period for Fusionist/Tether (ACEUSDT) began with a price of 0.278 and closed at 0.298, reaching a high of 0.301 and a low of 0.273. Total volume amounted to 6.28 million units, with notional turnover of approximately $1.96 million.
Structure & Formations
Price action revealed strong support near 0.277–0.278 and resistance between 0.291–0.293. A key bullish engulfing pattern appeared at 09:30 ET, confirming a shift in momentum. A larger 5-minute swing from 0.273 to 0.301 showed a 61.8% retracement at 0.289, suggesting potential near-term consolidation.
Moving Averages and MACD/RSI

Bollinger Bands and Volatility
Bollinger Bands contracted around 06:30–07:45 ET, followed by a sharp expansion as price surged past 0.29. The closing candle at 12:00 ET was near the upper band at 0.298, indicating strong bullish momentum in the context of increased volatility.
Volume and Turnover
Volume remained relatively low until 09:45 ET, when a massive 1.6 million-unit candle confirmed a breakout above 0.293. Turnover spiked from $50k to over $480k during this period, aligning with the price move. No clear divergence was observed between price and turnover, suggesting strong confirmation of the bullish trend.
The market appears to have entered a period of elevated optimism, supported by strong volume and a key breakout. However, given the overbought RSI and the recent expansion in Bollinger Bands, a short-term pullback to 0.285–0.29 could be likely. Investors should remain cautious of potential near-term profit-taking or volatility shifts.
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