ARPA/Tether Breaks Key Support Amid Rising Divergence

Summary
• ARPA/Tether consolidates near 0.01040–0.01050, with a bearish 5-min engulfing pattern at 0.01040.
• RSI remains neutral, but divergence between price and volume suggests weakening momentum.
• Volatility expanded after 00:00 ET, with a 0.01030 support level in focus.

ARPA/Tether (ARPAUSDT) opened at 0.01066 on 2026-02-06 12:00 ET, reached a high of 0.01075, a low of 0.01027, and closed at 0.01003 on 2026-02-07 12:00 ET. Total volume was 37,316,587.2 and turnover was approximately 386,223.38 USD.

Structure & Formations

A bearish engulfing pattern formed at the 0.01040 level early in the session, followed by a consolidation phase between 0.01040 and 0.01050. A small doji at 0.01003 suggests indecision at the lower end of the range. Key support appears at 0.01030, with resistance testing near 0.01045.

Moving Averages

On the 5-minute chart, the 20-period MA (0.01050) crossed below the 50-period MA (0.01053) in a bearish death cross formation. Daily moving averages (50: 0.01063, 100: 0.01070, 200: 0.01075) suggest a longer-term bearish bias.

MACD & RSI

The MACD line crossed the signal line near 0.01045, confirming a bearish shift in momentum. RSI remains within neutral territory (45–55), but a mild divergence between rising volume and flat-to-falling price suggests potential for a correction.

Bollinger Bands

Bollinger Bands widened significantly after 00:00 ET, with price testing the lower band at 0.01030. This expansion reflects increased volatility, but price remains within the band, indicating no breakout confirmation yet.

Volume & Turnover

Volume spiked sharply after 00:00 ET, particularly during the 00:30 and 03:30 ET 5-minute bars, coinciding with the price drop from 0.01044 to 0.01030. However, notional turnover did not rise proportionally, suggesting that volume may lack follow-through in the short term.

Fibonacci Retracements

Applying Fibonacci to the 0.01075–0.01003 swing, the 0.01037 level corresponds to the 38.2% retracement, while 0.01045 aligns with 61.8%. Price is currently hovering near 0.01030, suggesting potential for a retest of the 38.2% level before a possible bounce.

Price may retest 0.01030–0.01035 before finding a near-term bottom, but a breakdown below 0.01030 could open the door for further downside. Investors should monitor volume divergence and the 0.01045 level for potential reversal signals in the next 24 hours.