Market Overview for 1inch/Tether (1INCHUSDT)

Summary
• 1INCHUSDT drifted lower through key support, with a 1535-1540 consolidation possible.
• Momentum indicators signal oversold territory, hinting at potential short-term bounce.
• Volatility picked up after 00:15 ET with a massive volume spike, suggesting order flow imbalance.
• A bearish engulfing pattern emerged around 00:00 ET, supporting a further downside bias.
• Bollinger Bands show price near the lower band, signaling high volatility and possible reversion.

1inch/Tether (1INCHUSDT) opened at 0.1566 on 2026-01-15 at 12:00 ET, reached a high of 0.1658, a low of 0.1520, and closed at 0.1547 as of 12:00 ET on 2026-01-16. The 24-hour volume totaled 10,237,674.3 and notional turnover hit $1,569,456.51.

Structure and Key Levels

The pair experienced a prolonged bearish phase, with support levels at 0.1535 and 0.1525 being tested repeatedly. A bearish engulfing candle formed at 00:00 ET, confirming the breakdown of a prior consolidation. Resistance at 0.1550–0.1555 appears to have held on retests, forming a potential near-term ceiling. A 61.8% Fibonacci retracement of the recent 0.1520–0.1658 swing sits near 0.1563, aligning with the 20-period moving average.

Momentum and Volatility Indicators

The RSI approached oversold levels near 30 for much of the session, with a possible rebound expected. MACD turned negative with a bearish crossover occurring around 00:30 ET, reinforcing the downward bias. Bollinger Bands show a sharp expansion after 00:15 ET, as the price hit the lower band multiple times, indicating a volatile bearish phase.

Volume and Turnover Dynamics

The massive 5-minute candle at 00:15 ET saw an abnormal volume spike of 10,730,025.3, far outpacing typical levels. Price moved down sharply with that candle, suggesting strong selling pressure. However, turnover did not confirm that move proportionally, hinting at potential order book imbalances or wash trading. A divergence between volume and price occurred during the late morning rally, as volume failed to support the rebound.

Short-Term Outlook and Risk Considerations

Price appears poised to test 0.1515–0.1520, the next Fibonacci level and key support. A break below this may trigger further losses toward 0.1500. However, a rebound above 0.1550 could reverse the bearish momentum and lead to a consolidation phase. Investors should closely monitor the 20-period moving average as a potential dynamic support/resistance. Volatility remains high, and unexpected moves could accelerate with limited liquidity around key levels.