• Price remains in a tight 0.9991–0.9993 range with no directional bias.
• Late-day volume surged as price approached the 0.9993 resistance.
• MACD remains near zero, suggesting low momentum; RSI hovering around neutral.
• Volatility expanded in the last 4 hours, with
Bands widening.
• No strong reversal patterns, but price action suggests potential for a breakout.
Market Overview
World Liberty Financial USD (USD1USDT) opened at 0.9991 on 2025-08-17 12:00 ET and traded between 0.9991 and 0.9993 over the next 24 hours, closing at 0.9993 by 12:00 ET. Total volume amounted to 1,353,930.0, and notional turnover reached $1,352,460.00 (based on 1
= $1).
Structure & Formations
The price remained tightly clustered around 0.9991–0.9993 for most of the day, indicating a strong equilibrium. Key support is at 0.9991, and resistance is at 0.9993. A few bullish hammers emerged near 0.9991 in the late afternoon, but no confirmed reversal patterns such as engulfing or doji candles were formed. The structure appears to be preparing for a potential breakout, particularly with late-volume surges near resistance.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages were nearly coincident, both hovering just above 0.9991. On the daily chart, the 50-, 100-, and 200-period moving averages are also closely aligned, suggesting no major trend formation or divergence. The price has remained within a narrow range, suggesting traders are waiting for a catalyst.
MACD & RSI
The MACD remained near zero throughout the day, with the signal line also hovering near the same level—suggesting no strong momentum. The RSI moved between 45 and 55, staying well within the neutral zone. Neither overbought nor oversold conditions were observed, reinforcing the idea that the market is in a period of consolidation.
Bollinger Bands
Bollinger Bands were in a contraction phase early in the day but began to widen as price approached 0.9993. The price spent much of the session near the midline of the bands, suggesting a lack of volatility. However, in the final 4 hours, volatility increased, and the price touched the upper band a few times. This could signal the market is preparing for a directional move.
Volume & Turnover
Volume was relatively low until 00:00 ET on 2025-08-18, where it began to spike. The highest volume candles occurred between 05:00 and 06:00 ET, and again around 10:00–11:00 ET, as the price moved closer to resistance. Notional turnover mirrored volume trends, with the largest spikes occurring during these periods. No significant price-turnover divergence was observed, suggesting that higher volume aligned with price direction.
Fibonacci Retracements
Applying Fibonacci retracement levels to the most recent 15-minute swing from 0.9991 to 0.9993, the 38.2% (0.9992) level aligned with several close prices during consolidation. The 61.8% level is at 0.99926, which may serve as a critical test for near-term momentum. The daily chart shows no strong Fibonacci confluence, but the 15-minute chart suggests that a move above 0.9993 may trigger further buying.
The coming 24 hours may bring a breakout attempt as late volume suggests accumulation near resistance. However, traders should remain cautious as the market remains in a tight consolidation pattern and could easily reverse without confirmation.
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