• Price action showed a late-day breakout and consolidation near key resistance.
• Volume surged in the final 6 hours, with turnover confirming bullish momentum.
• RSI signaled overbought conditions, suggesting potential for near-term pullback.
• Bollinger Bands showed a recent expansion, indicating rising volatility.
• MACD crossed above signal line, reinforcing positive momentum.
Summary
At 12:00 ET on 2025-11-05, Lista DAO/Tether (LISTAUSDT) opened at 0.2288, reached a high of 0.2434, touched a low of 0.2171, and closed at 0.2433. Total volume for the 24-hour window was 13,776,136.1 units, with notional turnover at approximately $3,367,339. The price action reflected growing bullish conviction in the last 6 hours of the session.
Structure & Formations
Price traced a complex bullish pattern in the final 90 minutes, forming a strong continuation pattern after a key breakout above 0.24. A large bullish candle with a long lower wick at 0.238–0.2405 suggests rejection at prior resistance. Notable support was identified at 0.233 and 0.229, both of which held during earlier sell-offs. A potential bearish reversal could materialize if price closes below 0.233.
Moving Averages and Momentum
On the 15-minute chart, the 20-period and 50-period SMAs are aligned above the price, reflecting a strong short-term trend. MACD (12,26,9) crossed above the signal line, confirming bullish momentum. The RSI (14) reached 70 in the final hour, indicating overbought conditions. This could lead to a short-term pullback in the next 4–6 hours, though the overall uptrend appears intact.
Volatility and Bollinger Bands
Bollinger Bands (20, 2) showed a clear expansion during the breakout phase, with price trading near the upper band for the last three hours. This suggests increased volatility and trader participation. If the price continues to stay above the upper band, it may indicate a potential continuation of the move. A drop below the 20-period SMA or the middle Bollinger Band could signal a period of consolidation.
Volume and Turnover
Volume spiked in the final 90 minutes, with the highest 15-minute volume at 190,517.8 units. This was accompanied by increased notional turnover, confirming the strength of the move. A divergence between volume and price during the earlier sell-off at 0.225–0.229 suggests weak bearish conviction. The final 6 hours of trade show consistent volume and price alignment, increasing the probability of a sustained move higher.
Fibonacci Retracements
Applying Fibonacci to the latest swing from 0.2171 to 0.2433, key retracement levels lie at 0.235 (38.2%) and 0.230 (61.8%). Price briefly tested 0.2335 but bounced off it, suggesting strong buying at the 61.8% level. A test of the 78.6% retracement at 0.223 is unlikely in the near term, given the current bullish momentum.
Backtest Hypothesis
The current chart setup provides a valid environment to test a breakout-based strategy. A buy signal would have been triggered as price closed above the 0.24 resistance level in the final 15-minute candle. A 3-day hold from this point would target a 4.5–5.5% move in the next 72 hours, with a stop-loss below 0.233. The MACD and RSI confirm the strength of this move, suggesting a favorable risk-reward profile if the uptrend holds.
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