Market Overview for Haedal Protocol/BNB (HAEDALBNB): 24-Hour Technical Summary (2025-10-03)

• HAEDALBNB traded in a tight range most of the session before a large-volume candle pulled price lower near 0.0001243.
• A 15-minute bullish reversal pattern emerged after the decline, with price rebounding into the session high of 0.0001289.
• Volume was minimal for most of the session, but spiked sharply near 11:15 ET, coinciding with a large bearish reversal candle.
• RSI remained in mid-range territory, suggesting no immediate overbought or oversold signals.
• Bollinger Bands showed low volatility in the morning but began to widen as the session progressed.

Haedal Protocol/BNB (HAEDALBNB) opened at 0.0001252 on October 2 at 12:00 ET, reaching a high of 0.0001289 and a low of 0.0001243 before closing at 0.0001259 at 12:00 ET. The total 24-hour volume was 42,077.3 and the total turnover amounted to 5.21 BNB.

The price action for HAEDALBNB revealed a narrow range for most of the session, consolidating near 0.0001252 until a large-volume bearish candle at 11:15 ET pulled the price down to 0.0001259. This candle formed a potential bearish reversal pattern, suggesting a short-term shift in sentiment. However, the session ended with a bullish rebound, as price pushed back toward the session high. Key support levels appear to be forming near 0.0001259, while resistance remains at 0.0001274 and above. A doji pattern formed at the end of the session, indicating indecision.

The 15-minute 20-period moving average crossed below the 50-period moving average early in the session, forming a bearish signal. By the end of the session, the 20-period line began to close the gap. The 50-period moving average remained flat in the lower half of the range. The MACD crossed into negative territory during the mid-session decline, confirming the bearish momentum. RSI remained in the mid-range (40–60), indicating no immediate overbought or oversold conditions. A divergence between price and RSI was observed as the price moved higher in the final hour while RSI remained flat.

Bollinger Bands started the session in a tight contraction, reflecting low volatility, but expanded significantly in the latter half, especially after the large-volume candle at 11:15 ET. This expansion suggests increased market interest and potential breakout conditions. Price ended the session near the lower band of the Bollinger Bands, which may act as a support area if the trend stabilizes. The 20-period standard deviation also increased slightly, indicating growing volatility in the final hour.

The most notable Fibonacci retracement levels were drawn from the 15-minute swing low of 0.0001243 and the high of 0.0001289. The 61.8% retracement level is near 0.0001268, which HAEDALBNB approached but did not close above. The 38.2% level is at 0.0001263, where the price briefly tested but failed to confirm. The daily chart showed no major Fibonacci levels within the 24-hour range. In the coming session, a break above 0.0001268 or below 0.0001259 could trigger stronger directional movement.

Backtest Hypothesis
The backtest strategy involves using a combination of the 50-period and 20-period moving averages on the 15-minute chart to identify potential trend shifts. A long entry is triggered when the 20-period MA crosses above the 50-period MA (golden cross), with a stop loss placed below the session low. A short entry is initiated when the 20-period MA crosses below the 50-period MA (death cross), with a stop loss placed above the session high. The RSI and Bollinger Bands are used as secondary confirmations: for long entries, RSI must be above 40 and price must be in the lower band of the Bollinger Bands; for short entries, RSI must be below 60 and price must be in the upper band. In the context of the 24-hour session, the death cross and bearish reversal candle could have triggered a short signal, confirmed by RSI neutrality and the price at the upper Bollinger Band. The strategy could have exited the short position if the doji at the close indicated indecision and the 20-period MA showed signs of reversing. The next signal would likely emerge after a confirmed golden cross or death cross with RSI and Bollinger Bands in alignment.