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Nano/Bitcoin (XNOBTC) opened at $1.05e-5 on 2025-11-09 at 12:00 ET, surged to a high of $1.263e-5, then settled at $1.141e-5 by 12:00 ET the following day. Total volume reached 49129.97, with turnover reflecting strong participation in the bullish breakout.
The 24-hour OHLCV data shows a dramatic breakout above key resistance levels. A bullish engulfing pattern formed around 14:30 ET, confirming a reversal from bearish to bullish bias. Price action broke above the 20-period EMA, which is now at $1.18e-5, and the 50-period EMA at $1.19e-5. This suggests short-term
favors the upside, but the 50 EMA acts as a key re-entry level if the rally stalls.Volatility expanded sharply from midday onward, with the price rising above the upper Bollinger Band and remaining there. RSI spiked into overbought territory by 14:15 ET, indicating potential exhaustion on the upside. MACD turned positive and crossed above the signal line, suggesting bullish divergence. However, the RSI overbought condition and low volume in the last 3 hours may signal a potential pullback.
Fibonacci retracements highlight key levels from the recent swing low of $1.05e-5 to the swing high of $1.263e-5. The 61.8% level at $1.22e-5 was briefly tested before a sharp pullback, and the current price near $1.141e-5 aligns with the 38.2% retracement level, which may act as a support or pivot point in the near term.
The bullish engulfing and break above EMAs may extend the current rally. However, with RSI overbought and Bollinger Bands stretched, a consolidation or pullback in the next 24 hours is likely. Investors should monitor volume and turnover for confirmation of follow-through or a reversal.
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