Market Overview: Voxies (VOXELUSDT) - August 25, 2025

• Voxies traded in a volatile range between $0.0547 and $0.0609, closing near the 61.8% Fibonacci retracement level.
• A bearish divergence in RSI suggests weakening bullish momentum despite rising prices during the session.
• Volume surged during a key breakdown attempt at $0.0595, confirming bearish pressure in the afternoon.
• Volatility expanded after a Bollinger contraction, signaling increased directional bias.
• A long lower wick near $0.0572 may indicate short-term support holding during overnight selling.

Market Overview

At 12:00 ET on August 25, 2025, Voxies (VOXELUSDT) opened at $0.0581, reached a high of $0.0609, and closed at $0.0558 after trading as low as $0.0547. Total volume for the 24-hour period was approximately 17,161,511.8, with a notional turnover of around $966,658. The session featured heightened volatility, large-volume breakdowns, and signs of bearish momentum building in the latter half.

Structure & Formations

Voxies displayed key support and resistance levels during the session, with a notable breakdown attempt occurring around $0.0595 after heavy volume of 883,881.1. A bearish engulfing pattern emerged at this level, confirming bearish control. Later in the session, a long lower wick at $0.0572 during the early hours signaled a potential support level. On the daily chart, the price approached the 61.8% Fibonacci retracement of the recent swing high-to-low, suggesting a possible near-term equilibrium point.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed below key price action in the afternoon, indicating a bearish shift. For the daily chart, the 50-period MA is above the 200-period MA, but the 100-period MA is pressing down, indicating a potential bearish crossover that may trigger further selling pressure in the next 24 hours.

MACD & RSI

The MACD turned negative in the afternoon with bearish divergence, reinforcing the breakdown attempt at $0.0595. RSI reached a peak of 63 in the early hours before trending lower, now sitting at 48, signaling a loss of bullish momentum. The RSI bearish divergence suggests that buyers are losing control despite a rally in price, hinting at a potential continuation of the downward trend.

Bollinger Bands

Price expanded out of a Bollinger contraction after 19:45 ET, breaking below the lower band. This expansion signaled an increase in volatility and a likely directional move. Currently, Voxies is trading near the lower Bollinger band, suggesting heightened bearish potential if this level fails to hold.

Volume & Turnover

Volume spiked significantly during the breakdown at $0.0595 and again during the overnight consolidation phase. The largest single 15-minute candle had a volume of 883,881.1, supporting the price action with strong bearish confirmation. Turnover diverged slightly from price during the morning, as rising turnover was accompanied by a lower close, indicating mixed sentiment.

Fibonacci Retracements

On the 15-minute chart, a key 61.8% retracement level was tested at $0.0572, holding as support. On the daily chart, the 61.8% level is now $0.0558, where Voxies closed. A break below this level could trigger a move to the 78.6% retracement near $0.0545, depending on broader market sentiment.

Over the next 24 hours, Voxies may face renewed bearish pressure if the $0.0558 level breaks, potentially targeting $0.0545. Investors should be cautious of increased volatility and watch for confirmation from volume and RSI divergence. A rebound is possible but may lack conviction unless buying pressure surges above $0.0565.