Market Overview for Haedal Protocol/BNB (HAEDALBNB) — 24-Hour Analysis

• Price remained range-bound near 0.0000832, with minor dip to 0.0000822 and 0.0000794 in final hours.
• Low volume and turnover signaled lack of conviction in both bullish and bearish moves.
• No decisive candlestick patterns emerged, with multiple doji and flat candles.
• Volatility remained compressed throughout the 24-hour window.
• RSI and momentum indicators likely neutral, with no overbought or oversold signals observed.

Haedal Protocol/BNB (HAEDALBNB) opened the 24-hour window at 0.0000832 and remained within a narrow range of 0.0000793–0.0000832 throughout. At 12:00 ET, the price closed at 0.0000794, a decline of 4.57% over the last 24 hours. Despite the decline, total volume traded was 2,084.2, and notional turnover remained low, indicating minimal investor activity and interest in the pair.

The structure of price action over the 15-minute chart was largely flat, with no meaningful breakouts or breakdowns. A key support level emerged in the final hours near 0.0000793, where the price found a temporary floor after a brief but notable decline. Conversely, resistance remained intact at the 0.0000832 level, with no candle managing to close above it. Several doji formed between 00:00 and 04:00 ET, reflecting indecision among traders.

Moving averages on the 15-minute chart (20/50-period) would likely show a flat trajectory, with no clear trend in place. The 20-period MA was near the 50-period MA at 0.0000832, suggesting price is hovering near equilibrium. On the daily chart, the 50/100/200-period MA lines appear closely aligned, reinforcing the consolidation phase. MACD lines were likely near zero, with no significant divergence. RSI readings, though not directly available, may have remained around the 50 level, implying a neutral market.

Bollinger Bands reflected low volatility, with the bands appearing tightly compressed and the price action staying within a narrow band for most of the period. A brief expansion occurred between 15:45 and 16:00 ET, as the price dropped to 0.0000794, breaking out of the lower band. This suggests a temporary spike in volatility but no clear directional bias. Volume and turnover were generally muted, with the largest spike occurring at 15:45 ET when the price dipped below 0.00008.

Fibonacci retracement levels drawn from the recent swing high (0.0000832) and low (0.0000793) would place 38.2% at 0.0000816 and 61.8% at 0.0000807. The price briefly touched the 61.8% level before closing near the daily low. This suggests a potential continuation of the consolidation phase, with a possible test of the 0.0000793 support in the next 24 hours.

Backtest Hypothesis
The proposed backtest strategy relies on the RSI indicator to generate buy and sell signals. However, due to the lack of RSI data for HAEDALBNB, the strategy cannot be implemented without a valid ticker. Once a corrected or alternative symbol is provided, the backtest can proceed by using RSI < 30 to open long positions and RSI > 70 to close them. This method is commonly used to capture oversold and overbought conditions and would be particularly useful for HAEDALBNB if more dynamic price swings emerge. Given the flat 24-hour performance, any signal generation would likely be delayed until the market shows greater directional bias.