Syscoin (SYSUSDT) 24-Hour Market Overview

Generated by AI AgentAinvest Crypto Technical Radar
Wednesday, Jul 16, 2025 3:55 am ET1min read
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Syscoin 15-min chart

Syscoin (SYSUSDT) closed at $0.0450 on July 16, up 7.8% from a 24-hour open of $0.0420. The token reached a high of $0.0451 and a low of $0.04198, with total volume of 4.2 million and turnover of $3,000 USD.

Summary


• Price rose 7.8% to $0.045, hitting a 24-hour high of $0.0451, with sharp volume spikes near key resistance.
• A bullish engulfing pattern at $0.0440 support signals buying strength amid $1.2M daily volume.
• RSI at 72 suggests overbought conditions, increasing risk of a pullback toward $0.0445 Fibonacci support.

Technical Analysis

Structure & Formations


Price tested resistance at $0.0451 (the session high) before consolidating, while support at $0.0440 held during midday dips. A bullish engulfing candle formed near $0.0440, suggesting buyers absorbed selling pressure.

Moving Averages


The 20-period EMA (15-min) rose to $0.0442, while the 50-period EMA at $0.0436 lagged, reinforcing an upward bias. On daily charts, the 50/100 SMA cross near $0.0430 supports further gains.

MACD & RSI


The MACD line remains above the signal line, with positive divergence indicating sustained buying momentum. RSI at 72 signals overbought conditions, raising the risk of a $0.0445–$0.0440 retracement.

Bollinger Bands


Price hugs the upper band ($0.0453), reflecting elevated volatility. A break above $0.0455 could extend gains to $0.0460, while a drop below $0.0438 may trigger broader corrections.

Volume & Turnover


Volume spiked to $783k during the $0.0442–$0.0447 rally, confirming momentum. However, declining turnover in recent hours hints at potential exhaustion.

Fibonacci Retracements


A 38.2% retracement of the $0.04198–$0.0451 swing aligns with $0.0445, a key short-term support level.

Outlook & Risk


Syscoin may test $0.0455 resistance in the next 24 hours, with sustained momentum above this level targeting $0.0460. However, overbought RSI increases the likelihood of a pullback to $0.0440–$0.0445, where buyers could reassert control. Traders should monitor volume contraction or bearish divergence as caution signals.