Market Overview for Viction/Tether (VICUSDT)

Summary
• Price broke below a key 0.0978 support level and tested 0.096.
• Volume surged at the 0.0965–0.0968 range, suggesting increased selling pressure.
• A bearish engulfing pattern formed near 0.0983–0.0981, confirming downward momentum.
• RSI approached oversold territory, hinting at possible near-term rebound.
• Bollinger Bands widened after a period of contraction, signaling rising volatility.

Viction/Tether (VICUSDT) opened at 0.0993 on 2026-01-04 12:00 ET, peaked at 0.0993, and fell to a low of 0.0908 before closing at 0.0949 on 2026-01-05 12:00 ET. Total volume was 2,529,021.59, with $248,601.69 in notional turnover.

Structure & Formations

Price action shows a key breakdown below 0.0978, followed by a test of 0.096 and a failed rebound to 0.0968–0.0967. A bearish engulfing pattern formed near 0.0983–0.0981, confirming bearish sentiment. 0.0964–0.0966 and 0.0955–0.0957 appear as potential near-term support levels.

Moving Averages and Fibonacci Levels

On the 5-minute chart, price has fallen well below both 20-EMA and 50-EMA. Fibonacci retracement levels for the 0.0908–0.0993 swing show 0.0953 (38.2%) and 0.0967 (61.8%) as possible key zones. Daily chart moving averages (50/100/200) are not provided but are expected to reinforce the bearish bias.

Momentum and Volatility

RSI has fallen to near 30, suggesting oversold conditions and potential for a short-term bounce. MACD remains bearish with a negative histogram. Bollinger Bands have widened significantly after a period of contraction, indicating rising volatility.

Volume and Turnover Analysis

Volume spiked near 0.0968–0.0965, confirming a key short-term support zone. Turnover also increased in this area, aligning with price action. A divergence appears in the final hour with higher volume at lower prices, suggesting bearish exhaustion may be near.

If the 0.0955 level holds, a rebound toward 0.0967 could follow. However, a break below 0.0955 may trigger a test of the 0.0949 intraday low. Investors should remain cautious as volatility and momentum indicators signal a potential reversal or consolidation phase.