Summary
• Price tested key resistance around 3.06e-06 before consolidating.
• Volume spikes observed during early Asian and late US trading hours.
• RSI remains neutral, but MACD suggests weakening bullish momentum.
Immutable/Bitcoin (IMXBTC) opened at 3.05e-06 on 2026-01-13 12:00 ET, reaching a high of 3.13e-06 and a low of 2.98e-06, and closed at 3.09e-06 on 2026-01-14 12:00 ET. Total volume was 30,408.68, and turnover amounted to 0.0916 BTC.
Price Structure and Key Levels
The pair showed consolidation around 3.06e-06, acting as a key resistance level, with a failed breakout attempt in the early morning. A small bullish engulfing pattern formed near 3.05e-06, suggesting potential support. The 3.03e-06 level held as a secondary support, with price bouncing back from it multiple times.
Momentum and Oscillators
MACD displayed a bearish crossover after an earlier bullish phase, signaling weakening momentum. RSI remained within neutral territory, avoiding overbought or oversold conditions. This suggests that the market is consolidating without strong directional bias for now.
Volatility and Volume Insights
Bollinger Bands expanded during the late US and early Asian sessions, indicating heightened volatility. Volume surged notably during the 20:45 ET to 21:15 ET and 06:30 ET to 07:15 ET periods, aligning with price swings. However, price and volume diverged slightly in the 19:15 ET to 20:30 ET window, suggesting potential exhaustion in the downward move.
Fibonacci and Turning Points
Recent swings showed price testing the 38.2% and 61.8% Fibonacci retracement levels during the 20:30 ET and 06:30 ET sessions. A break above 3.07e-06 could see further tests at 3.11e-06, with a target of 3.13e-06 if the bullish bias holds.
The market appears to be in a sideways pattern, with 3.06e-06 a key level to watch. A sustained break above could rekindle bullish momentum, but traders should remain cautious of a potential pullback into consolidation zones.
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