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Summary
• Price consolidates around 0.0338-0.0340 with no clear trend formation.
• Volume spikes at key 0.0340 level, suggesting short-term resistance.
• RSI shows neutral momentum without overbought or oversold signals.
• Bollinger Bands tighten in late ET hours, hinting at potential volatility.
• No divergence between volume and price movement observed.
Rootstock Infrastructure Framework/Tether (RIFUSDT) opened at 0.0339, hit 0.0342, and closed at 0.0338 by 12:00 ET, trading within a 0.0336–0.0342 range. Total 24-hour volume was 5,244,364.0 with a turnover of approximately 176,258.0.
Structure & Formations
The price action shows a lack of decisive trend development, with support forming near 0.0337 and resistance stabilizing at 0.0340. A bullish engulfing pattern briefly appeared at 19:15 ET but was quickly negated by a bearish reversal at 20:00 ET.

Technical Indicators
RSI fluctuated between 48 and 54, remaining in a neutral zone and lacking clear directional bias. MACD remained near the zero line with a shrinking histogram, suggesting diminishing momentum. Bollinger Bands contracted in the late ET hours, signaling a potential breakout or consolidation phase.
Volume and Turnover
Volume spiked at key levels near 0.0340, particularly in the early ET hours, with a peak volume of 200,637 at 19:15 ET. Turnover remained aligned with price action, with no signs of divergence. The overall volume profile suggests moderate activity but without significant institutional participation or manipulation.
Fibonacci Retracements
A minor 5-minute retracement from the 0.0337–0.0342 swing shows 61.8% aligning with 0.0339 and 38.2% near 0.0338. These levels coincide with recent consolidation, suggesting they could act as short-term anchors for the next 24 hours.
The market appears to be consolidating within a tight range, with no clear breakout in sight. Traders may look for a directional move beyond 0.0342 or below 0.0337 as confirmation of the next phase. However, with RSI and MACD in neutral territory and no major divergence, traders should remain cautious for potential false breakouts.
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