Market Overview: Anchored Coins AEUR/Tether (AEURUSDT) on 2026-01-10

Summary
• Price tested key support at 1.1501–1.1509 before rebounding.
• Volume surged above 25,000 units between 19:00 and 22:00 ET, confirming bearish reversal.
• RSI entered oversold territory near 30, suggesting potential for short-term rebound.
• Bollinger Band contraction noted between 02:00 and 04:00 ET before sharp expansion.

Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.1534 on 2026-01-09 at 12:00 ET, reached a high of 1.16, touched a low of 1.1501, and closed at 1.1578 on 2026-01-10 at 12:00 ET. Total 24-hour volume reached 739,939.4 units, with a notional turnover of 841,127.88.

Structure & Formations

Price action formed multiple bearish reversal patterns, including a morning star and a bearish engulfing pattern near 1.154. The 1.1501–1.1509 range emerged as a strong support level, with a failed breakdown and a subsequent rally to 1.1578.

Moving Averages

On the 5-minute chart, the price closed below the 20-period SMA at 1.155, while the 50-period line held steady at 1.156. On a daily basis, the 50-period MA is at 1.155, slightly below the 200-period line at 1.157, suggesting a neutral to slightly bearish bias.

MACD & RSI

MACD showed bearish divergence with a negative crossover at 1.156, reinforcing a short-term downtrend. RSI dipped below 30, signaling oversold conditions, suggesting a potential rebound could be in the cards.

Bollinger Bands

Bollinger Bands narrowed significantly between 02:00 and 04:00 ET, indicating low volatility, followed by a sharp expansion and a move toward the upper band by early morning. This suggests an imminent shift in momentum.

Volume & Turnover

Volume surged above 25,000 units between 19:00 and 22:00 ET, confirming a bearish reversal from 1.154 to 1.1509. Notional turnover mirrored the volume pattern, with confirmation of key price moves.

Fibonacci Retracements

A 5-minute swing from 1.1501 to 1.16 found the price retesting the 61.8% level at 1.1556 and the 38.2% level at 1.1544, both of which acted as pivot points for potential support and resistance.

Over the next 24 hours, a potential bounce off the 1.1501–1.1509 support range could occur, with a target of 1.154–1.157. However, a sustained breakdown below 1.1501 may signal deeper weakness ahead. Investors should remain cautious and monitor volume for confirmation of any reversal signals.