Market Overview for SPACE ID (IDUSDT) – 24-Hour Summary (2025-08-25)

• SPACE ID rallied to 0.1683 before consolidating, forming a bullish 15-minute engulfing pattern mid-session.
• Volatility expanded sharply during the 19:45 ET candle, driven by a sharp sell-off and 1.8M volume.
• RSI shows mild overbought conditions in the 24-hour window, while Bollinger Bands reflect easing pressure.
• Daily volume surged 6.5× the average in the early morning, but price action failed to confirm bullish momentum.
• Fibonacci 61.8% level at 0.1598 appears to act as a strong short-term support.

SPACE ID opened at 0.1612 (IDUSDT) on 2025-08-24 12:00 ET, reaching a high of 0.1683, a low of 0.1571, and closing at 0.1590 at 12:00 ET on 2025-08-25. Total volume across the 24-hour period was ~24.4M, with a notional turnover of ~3.87M USD.

Structure & Formations

Price action formed a bullish 15-minute engulfing pattern at 19:30 ET, followed by a bearish reversal at 19:45 ET with a 1.8M volume spike and a 0.1648 close. A bearish doji appeared at 00:45 ET, suggesting indecision. Key support levels include 0.1601 (Fib 61.8%) and 0.1584 (prior low).

Moving Averages

On the 15-minute chart, price hovered above both the 20SMA and 50SMA for most of the session, suggesting short-term bullish bias. On the daily chart, price remains below the 200DMA but above the 50DMA, indicating a mixed intermediate-term outlook.

Momentum Indicators (MACD & RSI)

RSI reached a high of 68, approaching overbought territory, while the MACD histogram expanded slightly in the midday hours, signaling a potential exhaustion of buying pressure. A bearish crossover in the 4-hour MACD line is likely to signal caution in the next 24 hours.

Bollinger Bands

Bollinger Bands reflected a volatile expansion during the 19:45 ET candle, with price closing at the lower band. Volatility has since contracted, and price remains in the lower half of the bands, indicating possible downward pressure in the near term.

Volume & Turnover

Volume surged sharply in the 19:45–20:00 ET and 00:15–01:30 ET windows, with the largest single 15-minute turnover at 00:15 ET (641K volume). Notional turnover also increased in the early morning hours despite a modest price move, suggesting accumulation or market order imbalances.

Fibonacci Retracements

Fibonacci levels applied to the 0.1571–0.1683 swing indicate 61.8% at 0.1598, 50% at 0.1627, and 38.2% at 0.1649. Price has shown resistance at the 50% level and appears to have found support at the 61.8% level.

Over the next 24 hours, SPACE ID may consolidate between 0.1590 and 0.1627 as traders assess the balance between volume-driven accumulation and bearish momentum. A break below 0.1598 could trigger further downside risk. Investors should remain cautious and monitor key levels for a potential reversal.