Market Overview for Illuvium/Tether (ILVUSDT) – 2026-01-04

Summary
• ILVUSDT broke above 6.10 on strong late-night buying, with 6.12–6.14 acting as immediate resistance.
• RSI and volume confirm positive momentum, pushing price near 6.19 by early morning.
• A 5-minute bullish engulfing pattern formed at 6.12–6.14, aligning with the 61.8% Fibonacci retracement level.
• Volatility expanded as Bollinger Bands widened, indicating a potential breakout or consolidation.
• Notional turnover surged by 43% in the final 3 hours, coinciding with a 4.8% price increase.

24-Hour Price and Volume Summary

Illuvium/Tether (ILVUSDT) opened at 6.07 on 2026-01-03 at 12:00 ET and reached a high of 6.21 and a low of 6.00 before closing at 6.19 as of 12:00 ET on 2026-01-04. Total volume across the 24-hour period was 24,802.742, with notional turnover amounting to 149,853.35 USDT.

Structure & Momentum Indicators

Price action from 00:00 to 06:00 ET showed a decisive break above key resistance at 6.12–6.14, confirmed by a bullish engulfing pattern at 6.12–6.14 and a 5-minute RSI surge to 62. MACD crossed into positive territory shortly after 00:15 ET, with a strong histogram expansion suggesting growing upside momentum.

Volatility and Volume

Bollinger Bands expanded significantly during the overnight session, with price closing near the upper band as volatility hit a 7-day high. Notional turnover spiked by 43% in the last 3 hours, matching the sharp price move from 6.12 to 6.19. Volume was uneven but generally positive across the 6.10–6.19 range, with no notable divergence seen between price and turnover.

Fibonacci and Key Levels

The 61.8% Fibonacci retracement level of the 5-minute swing (6.02–6.12) aligned closely with the 6.14–6.16 price cluster where buying interest accelerated. A daily Fibonacci level at 6.10–6.12 also appeared to offer support, which was tested and then decisively broken through as the session progressed.

Forward Outlook and Risk

ILVUSDT may test the 6.20–6.22 range in the next 24 hours if the overnight momentum holds. However, a pullback to test 6.14–6.16 could occur if near-term demand wanes. Investors should remain cautious as volatility remains elevated and key resistance levels are yet to be fully validated.