Market Overview for SuperVerse/Bitcoin (SUPERBTC): 24-Hour Breakout Confirmed

• Price of SUPERBTC broke 5.15e-06 resistance, closing at 5.14e-06 after a 15-minute high of 5.17e-06.
• Strong volume activity occurred between 00:00–00:30 ET, confirming the breakout with above-average turnover.
• RSI edged into overbought territory while MACD remains bullish, suggesting further upward momentum may be possible.
• Volatility expanded in late-night trading, with Bollinger Bands widening from 5.10e-06 to 5.18e-06.
• A bullish engulfing pattern formed at 00:15–00:30 ET, indicating strong short-term buying pressure.

SuperVerse/Bitcoin (SUPERBTC) opened at 4.98e-06 on 2025-09-17 at 12:00 ET and closed at 5.14e-06 on 2025-09-18 at 12:00 ET, hitting a high of 5.17e-06 and a low of 4.93e-06. The 24-hour trading period recorded a total volume of 54,801.0 and a notional turnover of $276.07 (assuming a $100,000 BTC reference value for context).

Structure & Formations

Price displayed a strong bullish reversal on the 15-minute chart between 00:15–00:30 ET, where a bullish engulfing pattern confirmed a break above the 5.15e-06 resistance level. This level had previously acted as a ceiling during earlier hours. The price then consolidated between 5.10e-06 and 5.16e-06 for most of the session, forming a broad range-bound structure that ended with a sharp rally into the early morning. Key support levels appear at 5.10e-06 and 5.07e-06, with 5.05e-06 as a critical floor to watch in the next 24 hours.

Moving Averages

Short-term momentum is clearly bullish, with the 20- and 50-period moving averages on the 15-minute chart both rising and crossing above the price in the last 45 minutes of the session. On the daily chart, price remains above the 50-period MA, and the 100- and 200-period MAs are within 1.5% of the close, indicating a continuation of an uptrend is likely unless a strong pullback occurs.

MACD & RSI

The 15-minute MACD crossed into bullish territory with a strong histogram expansion in the 00:00–00:30 ET window. RSI reached 64 at 00:30 ET, suggesting mild overbought conditions but not yet at a level that signals a reversal. A close above 5.16e-06 could push RSI closer to 70, triggering a potential overbought warning. The divergence between the MACD and RSI suggests a continuation of the trend is still plausible, though caution is warranted.

Bollinger Bands

Volatility expanded significantly in the early hours of 2025-09-18, with Bollinger Bands widening from a range of ±0.02% to ±0.05%. The price closed near the upper band at 5.14e-06, indicating a breakout into new high volatility territory. This suggests a continuation of the current trend is more probable than a reversion. A contraction in the bands in the next 24 hours could signal a potential pause or consolidation phase.

Volume & Turnover

Volume spiked to a peak of 5,034.0 units at 00:30 ET, coinciding with a high of 5.18e-06. This surge in volume confirmed the breakout rather than contradicting it, suggesting institutional or large-capacity buying. Notional turnover rose to $25.17 in that 15-minute interval, a sharp increase compared to earlier averages of $3.75–$6.50. There are no notable divergences between price and volume, which supports the view of a strong continuation of the trend.

Fibonacci Retracements

Recent 15-minute swings show 61.8% retracement levels aligning with the 5.09e-06–5.11e-06 range, where price has bounced multiple times. On the daily chart, the 5.15e-06 level marks a 61.8% retracement from the low of 5.05e-06, now acting as strong support-turned-resistance. A break above 5.16e-06 would target the next Fibonacci level at 5.19e-06, suggesting a multi-tiered bullish scenario.

Backtest Hypothesis

Given the confirmed breakout and the alignment of key indicators, a backtest strategy could target a long entry at the first pullback to 5.10e-06 with a stop-loss below 5.07e-06. A take-profit could be set at 5.16e-06, aligning with the 61.8% Fibonacci target and the upper Bollinger Band. The 15-minute RSI and MACD provide dynamic confirmation signals, making this a high-probability setup for short-term momentum traders. The volume-based confirmation at 00:30 ET further strengthens the hypothesis.