Summary
• Price dropped to a 24-hour low of $0.00000548 at 4:15 AM ET.
• A large bearish engulfing pattern formed at 8:30 PM ET.
• Volume surged to 68,012.562 at 9:30 PM ET, confirming the downward move.
• Bollinger Bands show a recent contraction, hinting at potential volatility expansion.
• RSI is in oversold territory at the 24-hour close, suggesting a possible bounce.
24-Hour Performance
At 12:00 PM ET on 2025-12-14, VulcanForged/Bitcoin (PYRBTC) opened at $0.00000566, reaching a high of $0.00000566 and a low of $0.00000548 before closing at $0.00000554 at 12:00 PM ET the next day. Total volume over the 24-hour window was 164,379.290 with a turnover of approximately $0.906.
Structure & Moving Averages
The 5-minute chart shows a sharp bearish break below a key support at $0.00000561, followed by a large engulfing candle at 9:30 PM ET.
The 20-period moving average is bearish, while the 50-period line appears to have offered partial resistance earlier in the session. Daily moving averages (50/100/200) are not clearly aligned due to limited time in the new cycle.
Momentum and Volatility
MACD turned bearish after 8:30 PM ET, confirming a shift in momentum. RSI hit oversold levels near 29 at the 24-hour close, hinting at potential reversal. Bollinger Bands have recently contracted from $0.00000548 to $0.00000554, indicating a period of consolidation that may precede a breakout.
Volume and Pattern Insights
The massive bearish candle at 9:30 PM ET was accompanied by a volume spike of 68,012.562, confirming the move. A divergence between price and volume in the final 3 hours suggests fading momentum, but the large drop appears to have cleared near-term resistance. A key Fibonacci level at $0.00000550 is now in focus as a possible support.
Looking ahead, PYRBTC may test the $0.00000548 level as a critical support. A rebound could target $0.00000554, but a close below $0.00000550 could reignite the bearish trend. Investors should remain cautious, as increased volatility is likely in the next 24 hours.
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