SafePal (SFPUSDT) Market Overview

• SafePal (SFPUSDT) climbed from $0.4705 to $0.4807 before reversing, capped by resistance at $0.4805–0.481.
• A bearish divergence in volume and close suggests weakening bullish momentum in the final 15-minute window.
• RSI overbought conditions at ~70 midday suggest potential for short-term profit-taking.
• Bollinger Band contraction late morning hints at possible volatility expansion.
• A 20-period moving average cross above price indicates short-term bullish bias, but not yet confirmed.

SafePal (SFPUSDT) opened at $0.4705 on 2025-08-22 at 12:00 ET, reached a high of $0.4898, and closed the 24-hour period at $0.4807 on 2025-08-23 at 12:00 ET. Total volume for the period was 1,184,205.0 with turnover of $560,026.00.

Structure & Formations

Price advanced in a bullish wave from $0.4705 to $0.4898, forming a bullish flag pattern from $0.4898 to $0.4807. Key resistance appears at $0.4805–0.481 and $0.4898, with support at $0.4802 and $0.4792. A shooting star pattern appeared at 00:00 ET, and a bearish harami emerged at 16:00 ET, both suggesting short-term reversal risk.

Moving Averages

On the 15-minute chart, the 20-period MA crossed above price by 05:00 ET, signaling a potential short-term bullish bias, but price closed below the 50-period MA by the end of the 24-hour window. On the daily chart, the 50-period MA remains above the 200-period MA, indicating a broadly bullish trend but with caution as the 100-period MA has started to flatten.

MACD & RSI

The MACD turned bearish in the final 30 minutes of the 24-hour window, with the histogram narrowing after a strong bullish divergence in the early morning. RSI reached overbought territory (~70) at $0.4898 and fell back to 60 by the close, indicating profit-taking and potential exhaustion of the bullish wave.

Bollinger Bands

Bollinger Bands saw a tight contraction between 00:00 and 01:00 ET, followed by a volatility expansion as price retested the upper band. Price closed near the middle band, indicating neutral momentum with potential for a breakout or continuation pattern.

Volume & Turnover

Volume spiked at 01:00 ET, coinciding with a large bullish candle and a high turnover of $135,676, while bearish volume surged in the final two hours. Divergence appears in the final candle, with a high volume but bearish close, suggesting inflow but profit-taking.

Fibonacci Retracements

Applying Fibonacci retracements to the $0.4705–$0.4898 move, $0.4834 (38.2%) and $0.4768 (61.8%) acted as strong support levels. The $0.4807 close is near the $0.4768–$0.4834 range, indicating possible consolidation ahead.

SafePal (SFPUSDT) may test $0.4792 support or attempt a rebound above $0.4805 in the next 24 hours, but bearish momentum and divergences suggest caution. Investors should watch for a breakout above $0.481 for bullish confirmation or a break below $0.478 for a deeper pullback.