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Summary
• Price dipped sharply early before consolidating near $0.01304, forming a bullish engulfing pattern at 02:30 ET.
• Volume spiked to 1.8k at 02:30 ET and again at 14:30 ET, confirming key price pivots.
• RSI bottomed near oversold levels at $0.01243, suggesting potential short-term rebound.
• Bollinger Bands narrowed pre-02:15 ET, followed by a breakout to the upside.
• 24-hour turnover remains subdued, indicating low conviction in recent price moves.
The xMoney/USDC pair opened at $0.01268 at 12:00 ET−1, hit a high of $0.01304, a low of $0.01243, and closed at $0.0125 by 12:00 ET. Total 24-hour volume was ~1.16 million
, with notional turnover of ~$14,620.
Over the next 24 hours, the pair may test $0.0127–0.0128 for resistance or consolidate in the $0.0124–0.0126 range. Traders should remain cautious, as low turnover suggests limited conviction in current price action.
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