Market Overview: 1inch/Tether (1INCHUSDT) – Key Price Rebound and Volatility Clues

Summary
• Price climbed from 0.1555 to 0.1623 before consolidating near 0.1610.
• Volume surged to over 800,000 as price tested 0.1623–0.1628 resistance.
• RSI and MACD showed mixed momentum with no clear overbought/oversold signals.
• Volatility expanded during midday with Bollinger Bands widening to 0.0028 range.
• A bullish engulfing pattern formed near 0.1595–0.1610 support level.

1inch/Tether (1INCHUSDT) opened at 0.1555 on 2026-01-16 12:00 ET and rose to 0.1623, reaching a 24-hour high of 0.1623. The pair closed at 0.1603 on 2026-01-17 12:00 ET, with a low of 0.1555. Total volume hit 2,486,282 and notional turnover reached $399,499.

Structure & Formations

The 5-minute chart revealed a bullish engulfing pattern near 0.1595–0.1610, indicating a potential short-term support level. A strong rejection at 0.1631–0.1628 during midday trading suggested that key resistance remained intact. The price then consolidated in a tight range between 0.1605–0.1615 in the latter half of the day.

Moving Averages

The 5-minute 20-period MA crossed above the 50-period MA during the midday surge, forming a short-term bullish crossover. Daily MAs (50/100/200) were still aligned bearishly, with the 50-day MA at ~0.1580 acting as a potential re-entry level for bears if the recent rally fails.

Momentum and Indicators

MACD showed a positive divergence during the late morning rally, but failed to cross above zero, hinting at limited momentum. RSI fluctuated between 50–60, showing a lack of strong overbought or oversold conditions.

Volatility and Bollinger Bands

Bollinger Bands expanded to a 2.8% range (0.0028) during the 10:00–15:00 ET window, signaling heightened volatility. Price later retracted toward the mid-band, suggesting traders may be waiting for a clearer directional bias.

Fibonacci Retracements

The 38.2% retracement level (~0.1595) held firm during a pullback attempt, while the 61.8% level (~0.1613) provided resistance in the afternoon. These levels may guide near-term price direction.

The market appears to be in a consolidation phase after a strong midday rally. A break above 0.1628 could trigger renewed bullish momentum, while a drop below 0.1595 may invite further selling pressure. Investors should remain cautious of thin liquidity and fast-moving price swings ahead.