Market Overview for AIXBT/Tether (AIXBTUSDT) on 2026-01-18

Summary
• AIXBTUSDT traded in a tight range during the early session before breaking down toward 0.0334.
• Volume and turnover surged during the 0.0340–0.0345 range, confirming bearish momentum.
• A key 5-minute engulfing pattern appears at 0.0344–0.0340, suggesting bearish continuation.
• RSI entered oversold territory near 0.0334, hinting at potential short-term reversal.
• Bollinger Bands constricted during consolidation before expanding with the breakdown to 0.0334.

The AIXBT/Tether (AIXBTUSDT) pair opened at 0.0347 on 2026-01-17 at 12:00 ET, hit a high of 0.0349 and a low of 0.0332, and closed at 0.0335 on 2026-01-18 at 12:00 ET. Total volume reached 14,977,085.4 with a notional turnover of 494,236.37 USD over the 24-hour period.

Structure & Formations

The price consolidated tightly between 0.0345 and 0.0347 during the early hours before a sharp breakdown occurred around 0.0340–0.0335. A notable engulfing pattern formed between 0.0344 and 0.0340, confirming bearish continuation. The 0.0334 level appears to act as a short-term support after a sharp decline from 0.0340.

Moving Averages and Momentum

AIXBTUSDT closed below its 20- and 50-period moving averages on the 5-minute chart, reinforcing bearish bias. The 50-period MA on the daily chart is likely above 0.0345, suggesting the breakdown may represent a shift in trend. MACD remains bearish, while RSI entered oversold territory near 0.0334, hinting at potential short-term bounce.

Volatility and Bollinger Bands

Bollinger Bands remained tight during the consolidation phase, followed by a sharp expansion as price broke down to 0.0334. This expansion is consistent with a breakout in a bearish direction. Price remains near the lower band as of 12:00 ET, suggesting increased volatility and a higher probability of bounce or further decline.

Volume and Turnover

Volume and turnover spiked during the breakdown phase, particularly between 0.0340 and 0.0335. This confirms the strength of the bearish move and aligns with the engulfing pattern observed on the 5-minute chart. No significant price-turnover divergence was observed, indicating strong conviction behind the move lower.

Fibonacci Retracements

Applying Fibonacci levels to the recent 5-minute swing from 0.0349 to 0.0332, the 61.8% retracement level sits near 0.0339. The 50% retracement is at 0.0341, where the price briefly stalled. On the daily chart, a larger bearish move from a previous high to a recent low shows the 38.2% and 61.8% retracements at 0.0348 and 0.0345, respectively.

Looking ahead, a test of the 0.0334 support could trigger a short-term bounce, but bearish momentum appears intact. Investors should remain cautious about a potential follow-through to the next support at 0.0332–0.0333.