Summary
• Price formed a bearish engulfing pattern at 0.0428, followed by a breakdown below 0.0416.
• Volume spiked at 0.0424 and again at 0.0419, confirming key support tests.
• RSI moved into oversold territory, while MACD turned negative, signaling bearish momentum.
• Bollinger Bands showed a moderate expansion, with price near the lower band in final hours.
Aevo/Tether (AEVOUSDT) opened at 0.0428 on 2026-01-11 12:00 ET, reached a high of 0.0428, touched a low of 0.0397, and closed at 0.0401 by 2026-01-12 12:00 ET. Total traded volume was 5,406,667.05, with a notional turnover of 215,063.76 USD.
Structure and Key Levels
Price action showed a clear bearish trend, with a breakdown from 0.0424 to 0.0416 and later 0.0409. A bearish engulfing pattern formed at 0.0428, confirming bearish sentiment. A key support level appears to have emerged at 0.0416, where price tested and bounced, suggesting short-term resilience.
Moving Averages and Momentum
Short-term 20 and 50-period moving averages on the 5-minute chart trended downward, aligning with the bearish bias. MACD turned negative in the final hours, signaling weakening bullish momentum. RSI moved into oversold territory below 30, suggesting potential for a near-term bounce or consolidation.
Bollinger Bands and Volatility
Volatility showed a moderate expansion in the final 4 hours of the session, with price hovering near the lower Bollinger Band. The contraction earlier in the session suggested a consolidation period before the breakdown.
Volume and Turnover
Volume was notably higher during key breakdowns, particularly at 0.0424 and 0.0419, validating the bearish move. Notional turnover also spiked during these periods, reinforcing the strength of bearish sentiment.
Fibonacci Retracements
Fibonacci retracement levels from the 0.0428–0.0397 swing identified key levels at 61.8% (0.0405) and 38.2% (0.0413). Price found support near 0.0409, slightly below the 61.8% level, suggesting continued bearish pressure unless a clear rebound occurs.
Looking ahead, a test of the 0.0405–0.0413 range could determine whether Aevo/Tether enters a consolidation phase or continues the downward move. Investors should remain cautious as volatility may remain elevated and key support levels are likely to face renewed pressure in the next 24 hours.
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