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Summary
• Lagrange/BNB (LABNB) opened at $0.0004482 and closed at $0.0004389 after a 24-hour range of $0.0004482–$0.0004211.
• Price action shows bearish consolidation with key support forming around $0.0004342 and $0.0004253.
• Volume was uneven, with spikes during late-night and early-morning trading, signaling potential directional bias.
Lagrange/BNB (LABNB) opened at $0.0004482 on 2025-11-13 at 12:00 ET and closed at $0.0004389 by 12:00 ET on 2025-11-14. The price touched a high of $0.0004622 and a low of $0.0004211, with a total 24-hour volume of 1,845.0 units and a notional turnover of approximately $0.814 (calculated as price × volume).
Over the 24-hour period, LABNB exhibited a clear bearish bias. A key bearish engulfing pattern formed around 17:15 ET on 2025-11-13, where the candle opened at the session high of $0.0004482 and closed at $0.0004527, only to be followed by a sharp decline. The asset remained within a descending trendline, with price failing to reclaim above $0.0004527 after 18:15 ET. Support appears to be consolidating around $0.0004342 and $0.0004253, where the price found some temporary respite but failed to stabilize.
The 15-minute 20-period moving average (20SMA) and 50SMA have remained above price for most of the session, reinforcing the bearish
. RSI reached oversold territory (below 30) around 05:30 ET, suggesting the possibility of a short-term bounce, but the momentum faded quickly. MACD remained negative, with the line dipping below the signal line and the histogram shrinking, indicating weakening downward thrust.Bollinger Bands showed moderate volatility during the session, with price touching the lower band at multiple points, particularly near the $0.0004342 level. The bands were relatively narrow during the consolidation phase from 19:30 to 03:30 ET, suggesting a possible breakout or breakdown scenario for the next 24 hours. Volume spiked during the late-night hours (after 00:00 ET), confirming the bearish action, while turnover remained proportional to price movement.
The price is currently near the 61.8% Fibonacci retracement level from the recent high of $0.0004622 and low of $0.0004211. A break below $0.0004253 could accelerate further, while a rebound above $0.0004433 could signal short-term stabilization. Traders should watch for a potential continuation pattern or reversal signs near this key level.
Backtest Hypothesis
The Bearish Engulfing pattern identified on 2025-11-13 at 17:15 ET fits the criteria for a short entry. If applied using a 3-day hold rule without stop-loss or take-profit, the trade would have closed on 2025-11-16 at 17:15 ET. Using this pattern over a defined time period (2022–2025) across Lagrange/BNB could provide insights into its predictive power in this asset. The hypothesis aligns with the observed bearish momentum and key support levels, offering a potential backtesting framework for further refinement.

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