Market Overview for 0x Protocol/Tether (ZRXUSDT) on 2026-01-15

Thursday, Jan 15, 2026 1:59 pm ET1min read
Aime RobotAime Summary

- ZRXUSDT formed a bearish engulfing pattern near 0.1465, testing support at 0.1424 during a 2.8% price swing.

- RSI stabilized at 45 while MACD turned negative, with Bollinger Bands widening after a sharp morning selloff.

- A 900k+ volume spike during the 03:30–04:00 ET rebound confirmed strong conviction in the price recovery.

- Key Fibonacci levels at 0.1441 and 0.1427 influenced pullbacks, with consolidation near 0.1493 ahead of potential breakouts.

Summary

formed a bearish engulfing pattern near 0.1465 and tested support at 0.1424.
• Momentum waned on RSI, which closed near 45, while MACD crossed into negative territory.
• Volatility expanded as price moved 2.8% with a 900k+ volume spike during the 03:30–04:00 ET rebound.
• Bollinger Bands widened after the early morning selloff, with price closing near the lower band.
• Fibonacci retracement levels at 0.1441 and 0.1427 appeared relevant during key pullbacks.

0x Protocol/Tether (ZRXUSDT) opened at 0.1463 on 2026-01-14 at 12:00 ET, reached a high of 0.1517, a low of 0.1401, and closed at 0.1493 as of 12:00 ET on 2026-01-15. Total 24-hour trading volume was 16.48 million, with notional turnover of approximately $234,694.

Price Action and Structure

The 24-hour period saw a distinct two-phase pattern: a sharp early morning decline to 0.1401 followed by a strong rebound into the afternoon and evening hours. A bearish engulfing pattern formed around 0.1465, confirming short-term bearish pressure. The price found support at 0.1424, 0.1431, and 0.1409, with the final 24-hour close at 0.1493 suggesting moderate recovery.

Technical Indicators

RSI ended the session near 45, signaling neutral momentum with no overbought or oversold extremes. MACD transitioned into negative territory, reinforcing bearish sentiment after the early rebound. Bollinger Bands showed increased volatility following the selloff and remained wide throughout the session, with price closing near the lower band.

Volume and Turnover

Volume and turnover spiked during the early morning selloff (03:30–04:00 ET), with over 107k volume and $1.5k turnover in a single candle. The rebound later in the day was supported by increasing volume, particularly around the 09:00–10:00 ET rally. No major divergences between price and volume were observed, suggesting the move higher had solid conviction.

Looking Ahead

ZRXUSDT appears to be in a consolidation phase near 0.1493, with key resistance at 0.1517 and support at 0.1477 in the near term. A break below 0.1477 could test earlier support levels at 0.1452 and 0.1431, while a retest of 0.1517 may require stronger volume confirmation. Investors should remain cautious about short-term volatility and watch for divergences in momentum indicators.