Market Overview for Haedal Protocol/USDC (2026-01-09)

Summary
• HAEDALUSDC traded in a tight range until a late-night bullish reversal surged prices to 0.0475 by early morning.
• Key resistance at 0.0451 was retested and broken during the 21:45–22:00 ET window.
• Volume spiked over 50,000 during the 01:15–01:30 ET break, confirming the upward move.
• RSI climbed to 60–65 during the rally, suggesting moderate momentum but not overbought conditions.
• Volatility expanded after 01:00 ET, breaking the narrow consolidation seen earlier in the day.

Haedal Protocol/USDC (HAEDALUSDC) opened at 0.0448 on 2026-01-08 at 12:00 ET and reached a high of 0.0475 before closing at 0.0457 on 2026-01-09 at 12:00 ET. Total volume for the 24-hour window was 285,196.1, with a notional turnover of $13,079.95.

Structure & Formations

The pair spent the early part of the 24-hour period consolidating in a narrow range between 0.0447 and 0.0451, forming a series of doji and spinning top patterns, which signaled indecision. A key bullish reversal occurred at 21:45 ET with a strong bullish engulfing pattern that broke above 0.0451. Later, between 01:00 and 05:00 ET, HAEDALUSDC surged past 0.047, forming a higher high and breaking above the prior 24-hour high. A minor bearish divergence appears in the late morning, with a small bearish harami pattern at 11:30–11:45 ET indicating potential short-term caution.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages crossed bullish early in the late-night rally, confirming the upward bias. The daily chart (calculated from the provided data) shows the 50-period MA at ~0.0455, with the 100 and 200-period MAs slightly lower. The price has now moved above all short- and mid-term MAs, reinforcing a potential trend continuation.

MACD & RSI

The MACD turned positive in the late-night hours and showed a strong bullish divergence as the price broke through 0.047. RSI climbed to 60–65 during the upward move, which is a moderate momentum signal and not yet overbought. The RSI did not show a sharp sell-off after the peak, suggesting the rally may still have legs, though further strength will be needed to push above 70.

Bollinger Bands

Volatility was low in the early part of the 24-hour period, with price moving within a narrow Bollinger Band range. A sharp breakout began around 01:00 ET, pushing price above the upper band, suggesting a move into overbought territory may be ahead. The recent consolidation between 0.0465 and 0.0475 may form a new range.

Volume & Turnover

Volume remained low until the 21:45–22:00 ET window, when it spiked over 50,000 and remained elevated through the early morning rally. The most significant volume occurred between 01:15–01:30 ET, during a sharp 0.046–0.0462 pullback. Notional turnover increased in tandem, confirming the price action.

Fibonacci Retracements

The 5-minute swing from 0.0447 to 0.0475 saw key retracement levels at 38.2% (~0.0462) and 61.8% (~0.0459), both of which were tested or approached in the pullback. These levels appear to be key support areas for the next 24 hours.

Outlook and Risk

HAEDALUSDC appears to be entering a phase of potential consolidation after a strong upward move, with key resistance at 0.0475 and support at 0.0459. A break above 0.0475 could signal a broader bullish trend. Investors should watch for a potential pullback or sideways consolidation ahead, with increased volatility expected if the price retests these levels. As always, liquidity and broader market sentiment could impact short-term outcomes.