Paris Saint-Germain Fan Token/Tether Market Overview

Summary
• Price opened at 1.025 and closed at 1.014 after a volatile 24-hour session.
• Volume spiked to 48,179.89 with a peak at 50,521.77 during the 15-minute candle on 2025-11-11 07:30:00 ET.
• Volatility expanded sharply after a consolidation phase, with a high of 1.054.
• RSI reached overbought levels above 70 during the 15-minute candle on 2025-11-11 07:30:00.
• Bollinger Bands show a significant price deviation from the midline, suggesting a break in consolidation.

Market Overview

Paris Saint-Germain Fan Token/Tether (PSGUSDT) opened at 1.025 on 2025-11-10 at 12:00 ET, reached a high of 1.054, a low of 1.006, and closed at 1.014 by 12:00 ET on 2025-11-11. The pair traded on a total volume of 48,179.89 and turnover of $49,810.08. The price action showed clear signs of breakout behavior after a period of consolidation, with key technical indicators indicating shifting momentum and volatility.

Structure & Formations

The 24-hour period revealed several notable candlestick formations. A bullish engulfing pattern formed on the candle at 2025-11-11 06:15:00, indicating a shift in sentiment. This was followed by a bearish reversal pattern on the candle at 2025-11-11 15:30:00, which could signal a short-term top. Key support levels formed around 1.017 and 1.006, while resistance levels were observed at 1.028 and 1.036.

Moving Averages

On the 15-minute chart, the 20-period moving average crossed above the 50-period line early in the session, indicating a bullish bias. By the end of the day, the 20-period MA began to slope downward, reflecting a cooling of momentum. On the daily chart, the 50-period MA crossed below the 100-period MA, signaling a bearish crossover and suggesting a potential trend reversal.

MACD & RSI

The MACD line turned positive in the morning and remained above the signal line for much of the session, confirming the bullish breakout. However, it began to trend downward in the afternoon, signaling weakening momentum. The RSI moved into overbought territory during the early hours and retreated to neutral levels by the end of the session, indicating a possible exhaustion of buying pressure.

Bollinger Bands

Volatility was relatively contained for most of the morning before expanding sharply during the breakout. Price moved well above the upper Bollinger Band at one point, suggesting strong momentum, but then retracted toward the midline as selling pressure emerged. The current price sits near the lower Bollinger Band, indicating potential oversold conditions and a possible bounce.

Volume & Turnover

Volume showed a clear spike during the breakout phase, with the candle on 2025-11-11 07:30:00 ET recording the highest volume of 50,521.77. Turnover also surged during this period, confirming the strength of the move. However, volume and turnover declined toward the end of the session, raising questions about the sustainability of the downward move. A divergence between price and volume could signal a potential reversal in the near term.

Fibonacci Retracements

Key Fibonacci levels were observed on the most recent swing high at 1.054 and swing low at 1.006. The 38.2% retracement level at 1.033 and 61.8% level at 1.019 were both tested during the session, with price consolidating near the 61.8% level by the end of the day. These levels may continue to act as dynamic support/resistance in the near future.

Backtest Hypothesis

The backtest engine was unable to obtain historical price data for the symbol “PSGUSDT” due to a technical issue. This prevented the execution of a full backtesting analysis. To proceed, the ticker symbol should be verified for correctness, or an alternative data source provided. Once the data is resolved, a backtesting strategy could be applied using the identified Fibonacci levels and RSI overbought/oversold conditions as entry and exit triggers.