Market Overview: API3/Tether (API3USDT) 24-Hour Analysis

Saturday, Jan 17, 2026 5:55 pm ET1min read
Aime RobotAime Summary

- API3USDT rebounded from key support at 0.4359, forming a bullish reversal pattern with confirmed RSI/MACD momentum shifts.

- Price broke out of a tight Bollinger Band squeeze above 0.4463, driven by 25% increased turnover and strong volume spikes.

- Key resistance levels at 0.4463-0.4481 now face testing, with Fibonacci 50% (0.4452) and 61.8% (0.4469) acting as immediate targets.

- Caution advised above 0.4485-0.4490 due to bearish divergence on 50-period MA, while sustained buying could extend gains toward 0.4481.

Summary

tested key support at 0.4359 before rebounding, forming a bullish reversal pattern.
• Momentum shifted higher mid-day with RSI crossing above 50 and volume confirming the move.
• Volatility expanded after 22:00 ET, with price breaking out of a tight Bollinger Band squeeze.
• Turnover increased significantly in the last 5 hours, suggesting growing accumulation or distribution.
• Key resistance now at 0.4463 and 0.4481, with potential for a test if buyers remain active.

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



The RSI rose from 48 to 56 by mid-day, suggesting growing bullish momentum. The MACD crossed into positive territory after 19:00 ET, aligning with the price rebound and confirming the uptrend. However, the RSI remains below overbought (70), leaving room for further upward movement if buyers persist.

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.