Market Overview: Wanchain/Bitcoin (WANBTC) 24-Hour Performance

Friday, Dec 19, 2025 6:21 am ET1min read
Aime RobotAime Summary

- Wanchain/Bitcoin (WANBTC) tested $0.00081 after a 19:30 ET bullish breakout with 182% volume surge.

- RSI hit overbought levels twice, signaling potential short-term pullback despite tight Bollinger Bands.

- Key support at $0.00079 (23.6% Fibonacci) held before rally, with 61.8% level critical for near-term direction.

- Price consolidation above $0.00078 suggests cautious optimism, but break below triggers bearish momentum concerns.

Summary
• Wanchain/Bitcoin (WANBTC) consolidated near $0.0008 with a bullish breakout attempt at 19:30 ET.
• Volume surged 182% during the 19:30–20:00 ET bullish reversal.
• RSI signaled overbought levels late, suggesting possible near-term pullback.
• Price remained within Bollinger Bands with no significant volatility shifts.

At 12:00 ET–1, Wanchain/Bitcoin (WANBTC) opened at $0.00078 and traded between $0.00078 and $0.00081 over the 24-hour window, closing at $0.0008. The total volume reached 108,510.0, with a notional turnover of approximately $86.808.

Structure & Patterns


The price formed a bullish reversal pattern around 19:30 ET as WANBTC surged from $0.0008 to $0.00081, with confirmation via higher highs and closing above the prior candle. This may signal a potential short-term reversal, though consolidation followed until early morning.

Moving Averages and Momentum


On the 5-minute chart, the 20-period and 50-period moving averages crossed in a bullish manner during the late afternoon, aligning with the price breakout.
The 50-period line remained slightly above the 100-period line, indicating cautious optimism. The RSI reached overbought territory around 23:00 ET and again at 02:00 ET, hinting at potential profit-taking.

Volatility and Volume


Bollinger Bands remained relatively tight throughout the session, with price staying within one standard deviation, signaling low volatility. A sharp volume increase of 19,122.0 at 19:30 ET and 20,389.0 at 12:00 AM ET coincided with the price breakouts, confirming the bullish moves. However, no significant divergence between price and turnover was observed, suggesting a degree of conviction in the move.

Fibonacci Retracement Levels


Recent 5-minute swings indicated a key retracement level at $0.00079 (23.6%), which acted as a support before the late-session rally. On a daily chart, the 61.8% level at $0.00079 is critical for near-term direction.

Price could test the $0.00081 level again in the next 24 hours, but traders should remain cautious as the RSI overbought conditions may bring a pullback. A break below $0.00078 would signal renewed bearish momentum, so close attention to volume and order flow is warranted.