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Summary
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At 12:00 ET on January 17, 2026, API3/Tether (API3USDT) opened at 0.4374, hit a high of 0.4463, a low of 0.4349, and closed at 0.4453. Total volume reached 699,330.85, with a notional turnover of $306,107.56 over 24 hours.
Structure & Formations
API3USDT found support near 0.4359 after a consolidation phase, where a bullish engulfing pattern emerged. A 5-minute breakout above 0.4463 later confirmed a shift in momentum. Resistance levels at 0.4463 and 0.4481 now serve as key near-term targets. A bearish divergence appears at 0.4485–0.4490 on the 50-period moving average, suggesting caution for longs above these levels.
MACD & RSI

Bollinger Bands
A tight Bollinger Band contraction occurred between 0.4425 and 0.4445 around 17:00–20:00 ET, followed by a breakout above the upper band at 0.4463. This suggests increased volatility and a potential continuation pattern. Price appears to be consolidating within a moderate volatility range again as of 16:00–17:00 ET.
Volume & Turnover
Volume spiked sharply between 20:30 and 23:30 ET, coinciding with the breakout above 0.4463. Notional turnover increased by 25% during the same period, confirming the strength of the move. However, volume dipped slightly after 05:00 ET, indicating a potential pause in conviction.
Fibonacci Retracements
Fibonacci levels applied to the 0.4359–0.4463 swing show key resistance at 0.4434 (38.2%), 0.4452 (50%), and 0.4469 (61.8%). Price is currently approaching the 50% level and could face selling pressure or consolidation if it fails to break above 0.4463.
The market may continue testing 0.4463–0.4481 in the next 24 hours, but a pullback to 0.4425–0.4435 could occur if the move lacks follow-through volume. Investors should monitor the 0.4463 level for confirmation of a bullish breakout.
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