Market Overview for Measurable Data Token/Tether

Summary
• Price tested resistance at $0.0135–0.01355 before retreating amid mixed momentum.
• Volume surged during key breakouts, but price failed to hold above $0.01349 on multiple attempts.
• Bollinger Bands widened during the late-night rally, signaling rising volatility.
• RSI remains within neutral territory, indicating no immediate overbought or oversold signals.
• A bullish engulfing pattern formed early in the 24-hour window but failed to hold.

Market Overview

At 12:00 ET on 2026-01-02, Measurable Data Token/Tether (MDTUSDT) opened at $0.01342, reached a high of $0.01407, a low of $0.01334, and closed at $0.0138. Total volume for the 24-hour window was 6.3 million contracts, with a notional turnover of approximately $88,689. Price action showed a late-night rebound into the 14:00–14:15 ET window, which may signal a potential short-term reversal.

Structure & Key Levels

The price found initial support at $0.01336–0.0134 and tested resistance at $0.01349–0.01355 multiple times. A large bullish candle formed around 00:15–00:30 ET but failed to maintain gains. On Fibonacci retracement, the $0.01349 level corresponds to a 61.8% retracement of the previous swing, making it a critical psychological threshold.

Trend & Momentum

The 20 and 50-period moving averages on the 5-minute chart were closely aligned, suggesting a range-bound or consolidating pattern. MACD remained flat during most of the session, with a brief positive divergence after 02:00 ET. RSI stayed between 40–60, indicating balanced buying and selling pressure without overbought or oversold extremes.

Volatility & Turnover

Bollinger Bands showed a clear expansion during the 00:00–01:30 ET rally, with price closing near the upper band on a few occasions. Volume spiked sharply during the late-night and early-morning hours, particularly between 00:15 and 01:15 ET, but price failed to confirm these breaks. Turnover increased in line with volume, with no clear divergence observed.

Forward Outlook and Risk

Looking ahead, the $0.01349–0.01355 resistance zone could be retested, especially if buying pressure intensifies after a consolidation phase. However, traders should be cautious of a potential pullback to key support if this area fails to hold. As always, volatility remains a risk, and rapid reversals could occur without warning.