Market Overview: FUNToken/Tether 24-Hour Summary

Summary
• Price action formed a bearish breakdown below 0.002014, with key support now at 0.001985–0.001975.
• Momentum dipped sharply on RSI and MACD, confirming bearish bias.
• Volatility expanded as price dropped 0.85% on a volume spike of over 7.4 million.

FUNToken/Tether (FUNUSDT) opened at 0.002031 on 2026-01-10 12:00 ET, reached a high of 0.002037 and a low of 0.001965, and closed at 0.001968 on 2026-01-11 12:00 ET. Total 24-hour volume was 68.4 million, with a notional turnover of 137,465.

Structure & Formations

Price broke below the 0.002014 support level, forming a bearish continuation pattern. A key support zone developed around 0.001985–0.001975 after a 5-minute doji and a long bearish shadow indicated exhaustion near 0.001965.

Volatility and Bollinger Bands

Volatility expanded as price dropped to the lower Bollinger Band, indicating a significant selloff. The 5-minute chart showed price tightening before the breakdown, followed by a wide range candle.

Momentum and Indicators

MACD turned bearish with a negative crossover and declining histogram, while RSI dipped into oversold territory (around 25), suggesting limited upside potential. Divergence between RSI and price was not observed, confirming the bearish move.

Volume and Turnover

Volume spiked above 7.4 million on the breakdown candle, confirming the bearish shift. Turnover increased correspondingly, with no notable divergence. The low-to-close move was supported by strong selling pressure.

Key Levels

Immediate resistance is at 0.001985–0.00199, while support rests at 0.001975. A close above 0.001995 may trigger short-term bounce, while a break below 0.00197 could accelerate the downward trend.

Looking ahead, traders may watch for a retest of the 0.001985–0.00199 support cluster and whether volume confirms a bearish bias or shows buying interest. As always, volatile swings and thin liquidity could amplify downside risk.