Market Overview for Hamster Kombat/Tether USDt (HMSTRUSDT) on 2025-09-11
• Price fluctuated between $0.000731 and $0.000757, with a 24-h closing bias to the downside.
• Momentum showed mixed signals, with RSI near overbought at highs and oversold at lows.
• Volatility peaked in early hours, with Bollinger Band expansion and volume surges.
• A bullish breakout in the late morning was followed by a bearish consolidation.
• Turnover surged during the 07:30–08:30 ET rally, confirming the short-term bullish attempt.
The Hamster Kombat/Tether USDtUSDC-- (HMSTRUSDT) pair opened at $0.000742 on 2025-09-10 at 12:00 ET and closed at $0.000738 on 2025-09-11 at 12:00 ET, after reaching a high of $0.000757 and a low of $0.000727. Total volume for the 24-hour period was 143,825,935.0 HMSTR, with a notional turnover of approximately $107.20 in USDt equivalent (assuming 0.00074 average rate).
Structure & Formations
Price developed a key resistance around $0.000745 and support near $0.000735, with a bullish breakout attempt from 07:30 to 08:30 ET that failed to hold. A bearish engulfing pattern formed at the close of the day (12:00 ET candle), suggesting a potential shift in momentum. Doji patterns appeared at $0.00074, indicating indecision.
Moving Averages
On the 15-minute chart, the 20-period MA crossed above the 50-period MA, indicating a short-term bullish bias, though the 50-period MA remained above the close price at 12:00 ET. On the daily chart, price is below both 50, 100, and 200-period MAs, reinforcing a medium-term bearish tone.
MACD & RSI
MACD turned positive in the early morning, confirming the bullish attempt, though it diverged negatively from price in the afternoon as price fell. The RSI hit overbought levels (>70) during the 07:30–08:30 rally and then dropped below 30 in the late morning, signaling oversold conditions. This suggests short-term exhaustion and potential for a bounce.
Bollinger Bands
Volatility expanded significantly from 06:00 to 09:00 ET, with price reaching the upper band, and then contracted during the afternoon. At 12:00 ET, price closed just below the middle band, suggesting neutral momentum.
Volume & Turnover
Volume peaked during the 07:30–08:30 ET rally with a 15-minute candle reaching 101.95 million HMSTR, while turnover surged to $76.00 USDt equivalent. The bearish consolidation from 09:00 to 12:00 ET was marked by lower volume, indicating a lack of follow-through on the bullish move.
Fibonacci Retracements
The recent 15-minute swing from $0.000727 to $0.000757 found support at the 61.8% retracement level ($0.000741), which coincided with a doji and failed bullish candle. The daily Fibonacci levels suggest key support at $0.000731 and resistance at $0.000746, which could see renewed attention in the next 24 hours.
Backtest Hypothesis
A potential backtesting strategy involves buying on a bullish breakout above the 20-period MA with RSI < 40** and **selling on a bearish close below the 50-period MA with RSI > 70. This would have captured the 07:30–08:30 ET rally, though the bearish engulfing pattern at the close suggests a short-term exit may be prudent. A daily time frame could refine the signals, with a 50-period MA crossover as a filter.
Descifrar los patrones del mercado y desarrollar estrategias de trading rentables en el ámbito de las criptomonedas.
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