StaFi/Bitcoin (FISBTC) 24-Hour Market Overview

• Price consolidates near 5.8e-07 with low volume
• Minor bullish attempts fail to break 5.9e-07
• Volatility and turnover remain subdued
• MACD and RSI signal weak momentum
• Bollinger Bands narrow, indicating consolidation

StaFi/Bitcoin (FISBTC) opened at 5.7e-07 on 2025-11-06 at 12:00 ET and closed at 6.1e-07 on 2025-11-07 at 12:00 ET. The 24-hour high was 6.1e-07, and the low was 5.7e-07. Total volume traded during the period was 48,108.0 units, while notional turnover remained relatively flat.

The price action over the past 24 hours was characterized by a slow and deliberate upward trend, with consolidation near the 5.8e-07 level for much of the session. A few bullish attempts pushed the price up to 5.9e-07 and then briefly to 6.0e-07, but these failed to establish a clear breakout. The formation at 5.8e-07 appears to be acting as a key support-turned-resistance level, with price repeatedly testing this area without significant conviction.

Structure & Formations

The price showed signs of a potential base-building phase, with a series of tight, non-directional candlesticks forming near 5.8e-07. A few bullish line patterns and a tentative bullish engulfing pattern were observed but lacked strong follow-through. No decisive reversal or breakout patterns emerged, suggesting the market remains in a period of consolidation.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are closely aligned near 5.85e-07, supporting the idea of a sideways bias. On the daily chart, the 50-, 100-, and 200-period moving averages are converging around the 5.8e-07 level, which may reinforce its role as a key psychological level for near-term price action.

MACD & RSI

The MACD remained in a weak positive territory but without a clear histogram expansion, signaling limited bullish momentum. The RSI hovered around 55, indicating moderate bullish bias but not overbought territory. The price may struggle to maintain above 5.9e-07 without stronger momentum.

Bollinger Bands

Bollinger Bands are currently narrowing, indicating a period of low volatility. Price remains near the middle band, suggesting continuation of the sideways pattern. A break beyond either band is unlikely unless significant news or volume triggers a shift.

Volume & Turnover

Volume spiked during the 17:45 ET and 21:30 ET sessions, coinciding with the price’s attempts to break above 5.8e-07 and 5.9e-07. However, the subsequent lack of follow-through suggests buyers are hesitant. Turnover remained relatively low throughout, further supporting a cautious market sentiment.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 5.7e-07 to 5.9e-07, the 38.2% and 61.8% levels align with the current price consolidation zone. A break above 5.9e-07 would likely see the price test the 6.0e-07 level, a Fibonacci extension target. A retest of the 5.8e-07 level could provide further confirmation or rejection of the bullish narrative.

Backtest Hypothesis

The data-retrieval step for the “FISBTC” ticker appears to have failed, as the symbol may not be recognized by the data service. To proceed with the backtest, we need to confirm whether “FISBTC” is the correct symbol and on which exchange it is listed—e.g., Binance, KuCoin, or another platform. If “FISBTC” is incorrect, an alternative format such as “FIS-BTC” or a different data source may be required. Alternatively, if you have a pre-identified list of Bullish Engulfing signals for this pair, those dates can be used directly for the backtest. Once a valid ticker or signal set is confirmed, a 3-day holding backtest can be run from January 1, 2022, to today to assess performance.