Summary
• Price tested key support near $0.000146, forming a bullish engulfing pattern.
• RSI signaled oversold conditions, while volume surged on the rebound.
• MACD showed a narrowing histogram, suggesting fading momentum.
Market Overview
Vaulta/Bitcoin (ABTC) opened at $0.000144 at 12:00 ET − 1, climbed to $0.000152, dipped to $0.000144, and closed at $0.000147 at 12:00 ET. Total 24-hour volume was approximately 1.8M units, with a notional turnover of around $268K.
Structure & Formations
A bullish engulfing pattern formed near the $0.000146 level, suggesting short-term buying interest. The price action appears to respect the $0.000144–$0.000146 range as a key support cluster.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages are in close alignment, reflecting a sideways bias. On the daily chart, the 50-period MA remains above the 100-period and 200-period MAs, preserving a longer-term bullish bias.
MACD & RSI
The RSI reached oversold territory below 30, reinforcing the potential for a rebound. The MACD histogram is narrowing, indicating weakening momentum. A bullish crossover is likely if the price holds above $0.000146.
Bollinger Bands
Volatility has been moderate, with price hovering near the middle band. A contraction in the bands over the last 30 minutes may signal a potential breakout.
Volume & Turnover
Volume spiked alongside the rebound from $0.000146, confirming the strength of the bounce. Notional turnover mirrored the volume increase, reinforcing the validity of the price action.
Fibonacci Retracements
The $0.000146 level aligns with the 38.2% retracement of the recent 5-minute swing, offering a potential near-term floor. A break above $0.000152 would target the 61.8% level at $0.000157.
ABTC may find direction in the next 24 hours based on the reaction to $0.000152. A break above this level could attract further buyers, but a retest of $0.000144 remains a critical risk to monitor.
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