Market Overview for Haedal Protocol/BNB (HAEDALBNB) – October 3, 2025

• Price declined from 0.0001289 to 0.0001199, forming bearish momentum.
• Volume surged during key breakdowns but remained muted in consolidation.
• RSI signaled oversold conditions briefly before a sharp drop.
• Bollinger Bands showed contraction prior to a sharp expansion on 10/03.
• Fibonacci retracement levels highlighted potential short-term support at 0.0001235–0.0001199.

The HAEDALBNB pair opened at 0.0001252 on October 2, 2025, and reached an intraday high of 0.0001289 before closing at 0.0001199 as of 12:00 ET on October 3. The total traded volume was 54,654.2, and notional turnover was 7.079, showing increased trading activity during key price movements. The 24-hour period featured a bearish breakdown, a consolidation phase, and a final rapid decline.

Structure & Formations

The 24-hour chart showed a series of bearish breakdowns, notably at 0.0001259 and 0.0001243, with the final leg down confirming a key support level at 0.0001235–0.0001199. The candlestick pattern at 15:30–16:00 ET on October 3 resembled a bearish abandonment of a previous rally, with a sharp close at 0.0001199 after opening at 0.0001207. This confirmed exhaustion in the short-term buyers and highlighted a potential short-term bottoming process.

Moving Averages

Over the 15-minute chart, the 20- and 50-period moving averages both turned lower in the final 48 hours, signaling a shift in trend. The 50-period MA crossed below the 20-period MA at 15:30 ET on October 3, forming a bearish crossover. On the daily chart, the 50- and 200-period MAs both trended lower, reinforcing the bearish bias.

MACD & RSI

The MACD turned negative in the final 6 hours of the 24-hour period, confirming bearish momentum. The histogram showed a sharp divergence in the last 120 minutes, aligning with the final leg down. RSI dropped into oversold territory (below 30) at 15:30 ET, suggesting a potential bounce or consolidation, but failed to trigger a significant reversal.

Bollinger Bands

Bollinger Bands showed a period of contraction prior to the final leg down, indicating a potential breakout. At 11:15 ET on October 3, the bands narrowed as volatility declined, only to expand rapidly as price broke below 0.0001259. The price closed near the lower band at 0.0001199, reinforcing the bearish breakout.

Volume & Turnover

Volume spiked at key breakdown points, particularly at 0.0001259 and 0.0001243, with the largest single-volume bar at 11:15 ET (36902.7). This confirmed selling pressure at critical levels. Notional turnover followed a similar pattern, peaking at 0.0001259 and 0.0001199. Price and turnover aligned during the breakdown, indicating strong conviction among sellers.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.0001289 to 0.0001199, the 61.8% retracement level is at 0.0001236, which was closely tested during the consolidation phase. The 38.2% level at 0.0001261 also acted as a minor resistance during the final rally. These levels could serve as potential areas of support or resistance in the next 24 hours.

Backtest Hypothesis

Based on the technical indicators above, a potential backtesting strategy could focus on short-term bearish momentum trades triggered by bearish crossovers in the 15-minute MACD and RSI entering oversold conditions. Traders could look to enter short positions on HAEDALBNB when the 20-period MA crosses below the 50-period MA (death cross) on the 15-minute chart and when RSI drops below 30, with stop-loss placed at the nearest Fibonacci retracement level. A take-profit target could be placed at the next key support level, or a risk-reward ratio of 1:2 could be employed. This strategy would require real-time monitoring due to the high volatility and rapid price movements observed in the recent 24-hour period.