Market Overview for ApeCoin/Tether (APEUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 8, 2026 7:16 pm ET1min read
APE
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Aime RobotAime Summary

- APEUSDT broke below key 5-minute support at 0.2185, forming bearish engulfing and hammer patterns after failed rebounds.

- RSI near oversold 30 and negative MACD signal weakening momentum, with volume spiking above 24-hour averages during the decline.

- Price tested Bollinger Bands' lower band repeatedly while Fibonacci levels highlight 0.2140 (38.2%) and 0.2100 (61.8%) as critical turning points.

- Extended bearish bias remains despite potential short-term bounce if RSI holds above 30, with 0.2100 breach risking accelerated decline toward 0.2070.

Summary
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APEUSDT
broke below a key 5-minute support at 0.2185, forming bearish engulfing and hammer patterns after a failed rebound.
• RSI and MACD both show weakening momentum, with RSI near oversold territory, suggesting potential for a bounce or further decline.
• Volatility expanded significantly in the last 6 hours, with volume spiking above the 24-hour average as price dropped to 0.2120.
• Bollinger Bands show price testing the lower band for extended periods, reinforcing bearish bias and potential consolidation.
• Fibonacci retracements suggest key levels at 0.2140 (38.2%) and 0.2100 (61.8%) as potential near-term turning points.

ApeCoin/Tether (APEUSDT) opened at 0.2184 on 2026-01-07 12:00 ET, peaked at 0.2221, and closed at 0.2143 on 2026-01-08 12:00 ET, with a low of 0.2101. Total 24-hour volume was 9.05 million, and notional turnover reached $1.86 million.

Structure & Moving Averages


On the 5-minute chart, APEUSDT broke below a key support level at 0.2185, with a bearish engulfing pattern forming at 0.218–0.2185 and a hanging man at 0.2193–0.2194. A bearish bias is reinforced by price closing below the 20- and 50-period moving averages, with the 50-period line trending downward.

Momentum Indicators


The RSI has been drifting downward into oversold territory, currently near 30, suggesting a possible short-term bounce or consolidation. The MACD has turned negative with a bearish crossover, reflecting weakening bullish momentum.

Volatility & Volume


Volatility expanded sharply in the last six hours as price dropped below 0.2180, with Bollinger Bands widening and price testing the lower band multiple times. Volume spiked above the 24-hour average during the breakdown, validating the bearish move. Notional turnover also rose to a peak near $390k as the price moved from 0.2193 to 0.2126.

Key Levels and Patterns


Fibonacci retracement levels from the recent swing high at 0.2221 to the low of 0.2101 suggest key support at 0.2140 (38.2%) and 0.2100 (61.8%). A potential rebound from the 0.2140 level could lead to a test of 0.2165, while a break below 0.2100 could accelerate the downward move toward 0.2070.

A possible short-term bounce could be expected if RSI holds above 30, but the broader bearish structure suggests continued pressure into the next 24 hours. Investors should be cautious of potential follow-through selling if the 0.2100 level is breached.