Market Overview for Siacoin/Ethereum (SCETH) – 24-Hour Candlestick Summary

• Price remained range-bound between 4.9e-07 and 5.1e-07 for most of the day.
• Volume dried up after 16:00 ET, with minimal trade activity until 22:30 ET.
• A small bearish move occurred at 22:30 ET, breaking below 5.1e-07.
• No clear momentum buildup was observed in RSI or MACD.
• SCETH appears to be in a consolidation phase with low volatility.

Siacoin/Ethereum (SCETH) opened at 5.1e-07 on 2025-10-26 12:00 ET, reaching a high of 5.1e-07 before settling at 4.9e-07 by 12:00 ET on 2025-10-27. Total volume for the 24-hour window was 958,576.0, while turnover amounted to approximately 479.19 (notional value). The pair remained in a narrow range for much of the day, with price failing to break decisively above or below key levels.

The candlestick pattern is mostly flat, with many doji and no significant bullish or bearish engulfing patterns. A key support level appears to be forming at 4.9e-07, while 5.1e-07 acts as a resistance. Price has spent most of the day within this range, suggesting a lack of directional bias.

On the 15-minute chart, the 20-period and 50-period moving averages are clustered around 5.05e-07, indicating a flat trend. MACD is flat and near zero, showing no momentum, while RSI has remained in the 45–55 range for most of the day—suggesting neither overbought nor oversold conditions. Bollinger Bands show a contraction in volatility, with price staying within the middle band for most of the session. Volume has been low outside of a few pockets, such as around 21:45 and 00:45 ET, with no strong correlation to price movement.

Fibonacci retracement levels on the 15-minute swing from 5.1e-07 to 4.9e-07 suggest key levels at 5.05e-07 (38.2%) and 5.015e-07 (61.8%). These levels may act as short-term supports or resistances. On the daily chart, the 50-period moving average is slightly above the 200-period line, but with very little slope, indicating a continuation of the consolidation pattern.

Looking ahead, the market is likely to remain in a consolidation phase for the next 24 hours, with limited directional momentum. A break above 5.1e-07 or below 4.9e-07 could signal a potential trend shift, but until then, investors should expect continued range-trading. As always, liquidity and order flow are critical risks to monitor during such low-volume periods.

Backtest Hypothesis
A potential backtest strategy could involve using a 50-period and 200-period moving average crossover on the 15-minute chart to detect breakouts from the range. A long entry could be triggered when price crosses above the 50-period MA and a short entry below the 200-period MA. Stops could be placed just outside of the 4.9e-07 and 5.1e-07 levels, respectively, to limit risk during consolidation. This strategy would aim to capitalize on any breakout while filtering out false signals through volume and MACD confirmation.