HOLOUSDT Breaks Key Support Amid Diverging Volume and Weak Momentum

Summary
• HOLOUSDT formed a bearish engulfing pattern near $0.0641 and broke below 61.8% Fibonacci support.
• Momentum weakened after the 03:30–04:00 ET surge, with RSI entering oversold territory at 28.
• Volatility expanded sharply during the 00:45–01:30 ET window, pushing price to a 24-hour high of $0.0727.
• Notional turnover spiked above $500,000 during the morning rally but diverged from the price high.
• A key support level now appears around $0.0594–$0.0596 after multiple bounces and rejection.

Holoworld AI/Tether (HOLOUSDT) opened at $0.0619 on 2026-02-06 12:00 ET, traded as high as $0.0727, as low as $0.0594, and closed at $0.0603 by 2026-02-07 12:00 ET. Total volume was 19,671,180 units, with $1,000,829.90 in notional turnover.

Structure and Key Levels

The 24-hour chart for HOLOUSDT shows a volatile range between $0.0594 and $0.0727, with multiple attempted breakouts failing near $0.0641 and $0.0688. A bearish engulfing pattern formed around the $0.0641 level, signaling potential short-term bearish momentum. A 61.8% Fibonacci support at $0.0596 was tested three times, with price finding temporary refuge at $0.0594–$0.0596, indicating growing defensive positioning.

Momentum and Volatility

The MACD histogram turned negative after a brief positive surge post-midnight, and RSI reached an oversold level of 28 by late morning. Volatility spiked significantly between 00:45 and 01:30 ET, with price surging from $0.0641 to $0.0668. Bollinger Bands expanded during this window, suggesting an increase in uncertainty and potential exhaustion of short-term buyers.

Volume and Turnover Divergences

Turnover exceeded $500,000 during the morning rally, but price failed to close above the intraday high of $0.0668, hinting at divergences between volume and price. The volume profile was skewed toward the upper half of the range, with heavy selling pressure visible between 02:30 and 04:30 ET as price dipped to $0.0630. A bearish divergence may be forming if buyers fail to step in near the 38.2% Fibonacci level at $0.0612.

The market appears to be consolidating around $0.0603, with support below at $0.0594 and resistance above at $0.0612. A break below $0.0596 could signal further downside, while a rebound above $0.0615 may re-engage buyers. Investors should remain cautious for potential range contraction or another sharp move if news or on-chain activity shifts sentiment.