• VeThor Token (VTHOUSDT) posted a bullish 24-hour close amid rising momentum and volume.
• Price consolidated above a key 0.001995 support before breaking 0.002025 resistance.
• RSI showed overbought conditions near 70, signaling potential for a near-term pullback.
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Bands expanded sharply as volatility surged with a bullish breakout.
• Turnover increased 23% from midday to evening ET, aligning with strong price action.
Market Overview
VeThor Token (VTHOUSDT) opened at 0.001958 on 2025-08-12 at 12:00 ET and closed at 0.002006 on 2025-08-13 at 12:00 ET. The 24-hour high reached 0.002038, while the low dropped to 0.001972. Total volume was 133,684,686.0, and notional turnover amounted to 268,225.8 USD.
Structure & Formations
Price action revealed a strong bullish bias, with a key support level at 0.001995 and a resistance zone at 0.002025. A bullish engulfing pattern formed around 2025-08-13 09:15 ET, confirming a breakout. A bearish doji appeared at the close, hinting at possible profit-taking.
Moving Averages
On the 15-minute chart, price closed above both 20-period and 50-period moving averages, suggesting short-term bullish momentum. Daily moving averages (50/100/200) were not directly calculated, but the recent trend implies a move to retest the 200-day MA if this upward bias continues.
MACD & RSI
The MACD line crossed above the signal line around 08:00 ET, confirming a bullish divergence. RSI peaked near overbought levels (72–74), indicating potential for a near-term correction. Momentum remains strong but is showing signs of fatigue.
Bollinger Bands
Volatility expanded significantly as price moved from the lower to upper Bollinger Band. The 20-period band width grew from 0.000014 to 0.000028 during the day, reflecting increased trading intensity. Price closed near the upper band, reinforcing a bullish trend.
Volume & Turnover
Volume spiked between 09:00 ET and 11:00 ET, coinciding with the breakout above 0.002025. Notional turnover rose by 23% in that period, confirming strong buying interest. Price and turnover aligned well, reducing the risk of a false breakout.
Fibonacci Retracements
A 38.2% Fibonacci retracement level at 0.002021 was breached early in the session, followed by a 61.8% retracement at 0.002036, which was briefly touched. These levels now act as potential support and resistance in the near term.
VeThor Token (VTHOUSDT) appears well-positioned to test 0.00205–0.00206 in the next 24 hours, but a pullback to 0.002015–0.002013 may offer a re-entry opportunity. Investors should remain cautious for divergence in RSI and volume.
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