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Summary
• Price remained range-bound near 7.1e-07, with a breakout attempt to 7.5e-07 failing late in the session.
• Volume surged after 00:15 ET, reaching 85,638.9, but price consolidation suggests weak follow-through.
• RSI hovered near neutral, while Bollinger Bands narrowed, indicating potential for a directional move.
The Solar/Bitcoin (SXPBTC) pair opened at 7e-07 on December 23 at 12:00 ET, reached a high of 7.5e-07, and closed at 7.5e-07 on December 24 at 12:00 ET, with a low of 7.1e-07. Total volume for the 24-hour period was 468,935.9, and notional turnover was 0.2103.
Structure & Formations

Volatility & Momentum
Bollinger Bands constricted throughout much of the session, narrowing between 7.1e-07 and 7.5e-07. A sharp volume-driven move from 7.1e-07 to 7.5e-07 occurred after 00:15 ET, yet price quickly pulled back toward the mid-band, suggesting the move may have been a false signal. RSI remained in the neutral range, hovering around 50, signaling no strong overbought or oversold conditions. MACD showed a weak positive divergence but failed to break above the zero line, indicating mixed momentum.
Volume and Turnover
Volume spiked dramatically from 00:15 ET onward, peaking at 85,638.9, but price failed to sustain the move above 7.4e-07. Turnover followed a similar pattern, with high notional value but limited directional bias. A divergence between volume and price consolidation suggests traders may be cautious ahead of the Christmas holiday.
Fibonacci Retracements
Recent 5-minute swings suggest that 7.2e-07 (38.2%) and 7.3e-07 (50%) acted as key levels during consolidation. On the daily chart, 7.1e-07 represents a 61.8% retracement from a prior leg up, reinforcing its role as a short-term support.
Looking ahead, a breakout above 7.5e-07 could target 7.6e-07, but sustained volume is needed for confirmation. Traders should remain cautious due to the holiday-driven thin order book, increasing the risk of erratic price swings.
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