Summary
• Price action shows consolidation around 2.67e-06 with key support at 2.64e-06 and resistance at 2.68e-06.
• Volume spiked during the 09:15–09:30 ET session, coinciding with a sharp selloff to 2.63e-06.
• RSI remains in mid-range territory, suggesting no immediate overbought or oversold conditions.
• Bollinger Bands show moderate volatility, with price staying near the lower band.
Market Overview
SuperVerse/Bitcoin (SUPERBTC) opened at 2.73e-06 on 2025-12-16 12:00 ET and closed at 2.64e-06 on 2025-12-17 12:00 ET, with a high of 2.73e-06 and a low of 2.62e-06. Total 24-hour trading volume was 33,768.0, and notional turnover was negligible given the small price scale.
Structure & Moving Averages
The price formed a key consolidation pattern around 2.67e-06, with a notable bearish engulfing pattern occurring at 2025-12-17 09:15 ET. On a 20-period 5-minute moving average, the price remained below the average, indicating bearish bias. Daily moving averages (50, 100, 200) were not available, but intraday momentum favored the downside.
MACD & RSI
The 12/26 MACD histogram showed bearish divergence during the afternoon session, aligning with the price drop to 2.63e-06. RSI hovered between 45 and 55, indicating balanced market sentiment without clear overbought or oversold signals.
Bollinger Bands
Bollinger Bands remained relatively stable, with no sharp contraction or expansion observed. Price spent most of the session near the lower band, reinforcing a bearish bias and pointing to possible further tests of the 2.62e-06 level.
Volume and Turnover
Volume spiked significantly during the 09:15–09:30 ET period, coinciding with the price falling to 2.63e-06. Notional turnover remained low due to the small price movements, but volume action suggested increased bearish conviction.
Fibonacci Retracements
Fibonacci levels drawn from the recent swing high at 2.73e-06 to the low at 2.62e-06 show 2.65e-06 as the 38.2% retracement and 2.67e-06 as the 61.8% level. Price appears to have found some resistance at both levels, suggesting cautious support/resistance dynamics ahead.
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The market may test the 2.62e-06 level in the next 24 hours, though a rebound near 2.67e-06 could signal a short-term recovery. Investors should watch for divergence in volume and RSI to confirm trend strength.
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