Market Overview for Pax Dollar/Tether

Summary
• Price consolidated between 1.0007 and 1.0010 with no clear directional bias.
• Minimal volume and turnover suggest low conviction in both buyers and sellers.
• RSI remains neutral, and Bollinger Bands show a narrow range with no major breakout potential.

24-Hour Summary

At 12:00 ET on 2026-01-13, Pax Dollar/Tether (USDPUSDT) opened at 1.0009, reached a high of 1.0010, touched a low of 1.0007, and closed at 1.0010. Total volume traded over 24 hours was 10,645.0 units, while notional turnover amounted to 10,647.68 USD.

Price Structure and Momentum

Price action for USDPUSDT remained tightly clustered around the 1.0010 pivot, indicating limited market movement or external macro pressures. A key support level appears at 1.0007, which held through multiple test attempts. A small bearish 5-minute candle formed at 17:45 ET as the first sign of weakness, but it was quickly negated.

Candlestick patterns showed no significant bearish or bullish formations like engulfing or doji. The RSI remained in the mid-40–50 range, confirming lack of momentum in either direction.

MACD showed a flat histogram with a negligible crossover, reinforcing consolidation.

Volatility and Volume Profile

Bollinger Bands remained narrow throughout the day, reflecting low volatility. No significant expansion occurred, suggesting the market is in a waiting mode for catalysts.

Volume was low, especially during off-peak hours, with noticeable zero-volume 5-minute candles during the night and early morning. Notional turnover followed a similar pattern, with no signs of unusual inflows or outflows. This suggests the pair is being traded by small retail participants rather than larger institutional players.

Fibonacci and Key Levels

On the 5-minute chart, the most recent swing high of 1.0010 and swing low of 1.0007 define the current range. The 38.2% retracement (1.00085) and 61.8% retracement (1.00085) are overlapping, making them a critical watchpoint.

The daily chart suggests no meaningful trend, with the price maintaining its position around the 200-day moving average.

Conclusion

Looking ahead, a break above 1.0010 could signal renewed bullish intent, while a drop below 1.0007 might indicate a test of deeper support. Investors should remain cautious for any signs of divergence between price and volume or sudden spikes in volatility.