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Summary
• Price tested key resistance at 0.2850 before consolidating near 0.2800.
• RSI signaled overbought conditions at 75, suggesting potential pullback.
• Bollinger Bands tightened pre-15:00 ET, preceding a breakout to 0.2850.
• Volume surged 30% at 14:45 ET with 819k contracts traded, confirming bullish momentum.
• 0.2770-0.2780 zone formed strong support, with a bullish engulfing pattern forming after 17:00 ET.
Artificial Superintelligence Alliance/Tether (FETUSDT) opened at 0.2739 on 2026-01-16 12:00 ET, reached a high of 0.2850, a low of 0.2735, and closed at 0.2802 as of 2026-01-17 12:00 ET. Total 24-hour volume was 17.3 million contracts, with a notional turnover of approximately $4.88 million.
Price formed a bullish engulfing pattern after 17:00 ET, with a close above 0.2800 confirming a break of the 0.2770–0.2780 support zone. A multi-hour consolidation near 0.2850 failed to hold, triggering a retest of 0.2800.

On the 5-minute chart, price closed above both 20- and 50-period EMAs, suggesting short-term bullish momentum. Daily 50/200 EMA alignment remained neutral, with no clear bias toward a longer-term directional shift.
MACD turned positive after 14:45 ET, aligning with a breakout to 0.2850. RSI peaked at 75, hinting at overbought conditions. A pullback toward 0.2780 could see a retest of the 0.2800–0.2810 pivot range.
Bollinger Bands narrowed before the 14:45 ET breakout, suggesting a potential reversal. Volume increased sharply during the breakout but has since moderated, indicating a possible consolidation phase.
FETUSDT may retest 0.2850–0.2860 as the next resistance target, but risks a pullback toward 0.2770 if volatility decreases. Investors should remain cautious as volume has declined from peak levels, and a breakdown below 0.2760 could trigger a deeper correction.
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