Summary
• Price declined 0.73% on 24h, forming bearish engulfing patterns in key clusters.
• Momentum slowed with RSI near 50, suggesting potential consolidation.
• Volatility expanded through Bollinger Bands following a midday breakdown.
Opening Summary
At 12:00 ET−1, Lista DAO/Tether (LISTAUSDT) opened at $0.1421, reached a high of $0.1441, and closed at $0.1423 by 12:00 ET, with a low of $0.1394. Total 24-hour volume was 1,657,639.4 and turnover amounted to $237,391.60.
Structure & Formations
The 5-minute candles displayed bearish engulfing patterns between 18:00–19:45 ET and bullish ones during the 03:45–05:00 ET period, indicating a tug-of-war between buyers and sellers. A key support level appears to be forming near $0.1420–$0.1425, with resistance at $0.1435–$0.1440 based on the recent swing highs and retracement levels.
Moving Averages and MACD
The 20-period and 50-period moving averages on the 5-minute chart have diverged, with price dipping below both, hinting at a weakening short-term trend. MACD showed a bearish crossover earlier in the session, reinforcing the likelihood of a pullback. However, the RSI has stabilized near the midpoint, suggesting that momentum has paused rather than reversed.
Bollinger Bands and Volatility
Volatility expanded significantly following the breakdown below $0.1430, pushing the price toward the lower Bollinger Band by the end of the session. This expansion suggests increased uncertainty and potential for either a rebound or a continuation of the trend, depending on volume dynamics.
Volume and Turnover
The highest volume spike occurred around 03:45–04:15 ET, coinciding with a sharp rally from $0.1426 to $0.1441.
Notional turnover confirmed the price move, suggesting genuine participation. Later, however, volume waned, and the price drifted lower despite a lack of follow-through selling.
Fibonacci Retracements
The 5-minute Fibonacci retracement from the recent high ($0.1441) and low ($0.1394) shows price finding temporary support at the 38.2% level ($0.1423) before retreating. On the daily chart, the 61.8% retracement appears to act as a key psychological level for the near-term trend.
Looking ahead, traders may watch for a test of the $0.1420 support and a potential bounce into the $0.1425–$0.1430 range. However, risks remain skewed to the downside if short-term momentum fails to stabilize.
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