Market Overview: Starknet/Tether (STRKUSDT) 24-Hour Technical Summary

Summary
• Price found support near 0.0810–0.0812, rebounding into a bullish pattern after a sharp decline.
• RSI signals overbought levels during late-night recovery, indicating potential near-term consolidation.
• Bollinger Bands show widening volatility as buyers retook control after early selling.
• Volume increased during the rebound phase, validating bullish price action.
• Key resistance levels appear at 0.0822–0.0824, with prior failures to hold above.

Price and Volume Action

Starknet/Tether (STRKUSDT) opened at 0.0824 on 2026-01-11 at 12:00 ET and closed at 0.0815 by 12:00 ET on 2026-01-12. The pair reached a high of 0.0839 and a low of 0.0805 over the 24-hour period. Total volume reached approximately 13.2 million STRK, while notional turnover hit around $1.12 million, reflecting increased buyer interest during the recovery phase.

Structure and Momentum

The 5-minute chart displayed a bearish breakdown during the early evening hours on 2026-01-11, with a sharp decline to 0.0805. However, a strong rebound emerged overnight and into the early morning, forming a potential bullish reversal pattern near 0.0810–0.0812. The RSI briefly entered overbought territory during the recovery, suggesting a possible pause in upward momentum. MACD showed positive divergence during the rebound, confirming the strength of the bullish move.

Volatility and Fibonacci Levels

Bollinger Bands expanded as volatility increased during the decline and subsequent rebound. Price closed near the upper band at the end of the 24-hour period, indicating a possible continuation of the bullish bias. Fibonacci retracement levels from the key swing low at 0.0805 to the swing high at 0.0839 show 0.0822–0.0824 as critical resistance and 0.0811–0.0813 as key support.

Volume and Turnover Analysis

Volume increased significantly during the overnight recovery, especially between 00:00 and 04:00 ET, confirming the strength of the bullish reversal. Notional turnover followed a similar pattern, aligning with price action and suggesting strong participation. However, divergence may appear if further upside fails to match increasing volume.

Starknet/Tether appears to have found a near-term base near 0.0810–0.0812, with buyers showing strength to challenge prior resistance. A sustained close above 0.0824 could signal further upside, but traders should be cautious of potential consolidation or pullback in the short term. As always, monitor for volatility shifts and divergence in volume and momentum indicators.