Market Overview for Anchored Coins AEUR/Tether

Summary
• Price surged 0.77% over 24 hours, reaching a high of 1.1724 before consolidating near 1.1624.
• A strong bullish engulfing pattern formed early in the session, followed by a consolidation phase.
• Volume spiked sharply during the 04:15 ET-08:45 ET window, confirming a major breakout.
• RSI signaled overbought conditions near the high, suggesting potential pullback risk.
• Bollinger Bands showed moderate expansion, with price now resting near the upper band.

Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.1526 on 2026-01-13 at 12:00 ET, reached a high of 1.1724, a low of 1.1526, and closed at 1.1624 on 2026-01-14 at 12:00 ET. Total volume for the 24-hour period was 15,831.9, with turnover amounting to 18,229.59.

Structure & Formations

Price action revealed a key breakout above a descending resistance trendline near 1.16, confirmed by a bullish engulfing pattern at the start of the session. A doji near 1.1705 later in the session suggested temporary indecision. Support appears to have formed at 1.1620–1.1630, with a potential 61.8% Fib level at 1.1636 acting as a near-term ceiling.

Moving Averages and Momentum

On the 5-minute chart, the 20-period MA crossed above the 50-period MA (golden cross), reinforcing the bullish bias. The 50-period daily MA is trending higher and could now act as a dynamic support. MACD remained positive throughout most of the session, though it flattened near the peak, hinting at possible exhaustion. RSI crossed into overbought territory, indicating a possible correction ahead.

Volatility and Bollinger Bands

Bollinger Bands expanded significantly as price pushed higher, reaching a 24-hour volatility range of approximately 0.02. Price closed near the upper band, signaling potential for a pullback toward the midline. The 61.8% Fib level at 1.1636 could become a key test of the consolidation phase.

Volume and Turnover Analysis

Volume surged during the 04:15–08:45 ET period, with over 8,500 units traded. Turnover spiked in line with the breakout, with no divergence observed. The largest single 5-minute volume spike occurred at 04:15 ET, with 3,610.5 units traded and 4,210.93 in turnover, confirming strong buying pressure.

Looking ahead, if the 1.1636 Fib level holds, it could drive price toward 1.1660–1.1690. A failure to hold above 1.1620 may trigger a retest of key support at 1.1610. Investors should remain cautious of potential short-term corrections and watch for a reengagement of the 50-period MA on the daily chart.