Market Overview for Artificial Superintelligence Alliance/Tether (FETUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 2:04 pm ET1min read
FET
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Aime RobotAime Summary

- FETUSDT dropped 5.1% in 24 hours to $0.2792, forming bearish engulfing patterns and testing Bollinger Bands' lower boundary.

- Oversold RSI (23) and bearish MACD divergence suggest potential short-term rebound from key support at $0.2775.

- Volume surged during selloff, with 20/50-period moving averages confirming bearish momentum below critical $0.285 resistance.

- Fibonacci analysis shows price below 61.8% retracement level, reinforcing bearish bias but requiring confirmation at key support zones.

Summary
• Price declined from $0.2941 to $0.2792 over 24 hours, forming bearish engulfing patterns.
• RSI and MACD indicated oversold conditions, suggesting potential for a short-term rebound.
• Volatility expanded after a consolidation phase, with volume surging during the downward leg.
• Bollinger Bands showed price tested the lower band, reinforcing bearish momentum.
• Key support around $0.2775 and resistance at $0.285 appear critical for near-term direction.

At 12:00 ET–1 on January 6, 2026, Artificial Superintelligence Alliance/Tether (FETUSDT) opened at $0.2939, reached a high of $0.3009, and closed at $0.2792 at 12:00 ET on January 7. The price declined from $0.2939 to $0.2792 over the 24-hour period, with a total volume of 76,999,525.60 and turnover of $22,011,948.69.

Structure & Formations


Price experienced a sharp selloff beginning around 18:00 ET on January 6, forming several bearish candlestick patterns, including engulfing and hanging man patterns, especially in the $0.285–$0.290 range. A key bearish pivot point appears to have formed at $0.285, with support zones emerging at $0.2775 and $0.275.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages both trended downward during the session, reinforcing the bearish momentum.
On the daily chart, the 50-period and 100-period moving averages crossed below the 200-period line, suggesting potential bearish bias in the near term.

MACD & RSI


The 12:00 ET close showed RSI at 23, indicating an oversold condition. MACD showed bearish divergence with price as it trended lower, but both indicators may be setting up for a short-term bounce from key support levels.

Bollinger Bands


Price tested the lower Bollinger Band multiple times during the session, especially as volatility increased in the 14:15 ET–17:00 ET range. The bands expanded after a period of contraction, signaling heightened market uncertainty.

Volume & Turnover


Volume spiked during the sharp selloff, particularly between 14:15 ET and 16:45 ET, with notable volume at the $0.280–$0.285 level. Notional turnover aligned with price declines, confirming the bearish move.

Fibonacci Retracements


Price fell below the 61.8% Fibonacci retracement level of the previous bullish swing, reinforcing bearish sentiment. A rebound from the 38.2% retracement level at $0.285 could test the strength of the recent bearish momentum.

Price may find a near-term bottom between $0.2775 and $0.275 but could remain volatile ahead of any clear breakout. Investors should watch for confirmation at these levels and consider the risk of renewed selling pressure if key support breaks.