Market Overview for Haedal Protocol/BNB on 2025-09-26

• Price opened flat but broke lower before staging a late rally, closing near 0.0001377
• Volatility expanded midday with a 0.0001417 high but faded as volume remained muted
• RSI and MACD signaled mixed momentum, with overbought levels reached but no follow-through
• Bollinger Bands showed a narrow range early, expanding with the afternoon push before contracting again
• On-balance volume remained low throughout, indicating limited conviction in price movements

Haedal Protocol/BNB (HAEDALBNB) opened at 0.0001357 on 2025-09-25 at 12:00 ET and reached a high of 0.0001417 before declining to a low of 0.0001325. As of 12:00 ET on 2025-09-26, the price closed at 0.0001377. Total volume over the 24-hour period was 10,654.8 and total turnover stood at approximately 1.468.

The price moved within a consolidating range for most of the session but broke out midday, reaching a peak of 0.0001417 before reversing. A bearish divergence in the RSI around 04:15 ET suggested weakening momentum despite a higher high. The price tested the 0.0001397 level twice, indicating potential psychological resistance. A bullish engulfing pattern formed around 01:30 ET as buying pressure reemerged, suggesting potential for a test of the 0.0001417 level.

Bollinger Bands expanded sharply around 03:00 ET as volatility increased, with the price moving above the upper band at one point. The 20-period moving average on the 15-minute chart rose from below the price to above it during the afternoon, indicating a potential short-term shift in bias. The 50-period moving average remained flat but slightly above the 20-period, suggesting a neutral to mildly bullish near-term bias.

The RSI reached an overbought level of 76 at 03:15 ET but failed to hold above 70, indicating caution in the bullish breakout. A bearish reversal was seen at 04:15 ET with a rejection at 0.0001397. On the downside, a 61.8% Fibonacci retracement from the 0.0001417 high to the 0.0001325 low aligned with a support level at 0.0001385, which was briefly tested but held. A key support level appears to be forming near 0.0001375, where price has bounced twice.

Backtest Hypothesis
A backtesting strategy based on the bullish engulfing pattern and a 20-period moving average crossover could offer a directional bias. The bullish engulfing pattern at 01:30 ET coincided with a price rebound from the 0.0001385 level and a subsequent push toward 0.0001397. A buy signal could be triggered on a close above the 0.0001397 level, with a stop-loss placed below 0.0001385 and a target at 0.0001417. Given the current market structure and the lack of strong volume, the strategy may require confirmation in the next 24 hours, particularly around key resistance levels.