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Summary
• Price broke below prior support at $0.2847, with bearish engulfing patterns confirming the decline.
• Volatility spiked after 15:00 ET as price surged to $0.2956, but failed to hold gains.
• Volume spiked during the 15:30 ET rebound but showed divergence with closing prices.
• RSI fell into oversold territory below 30, hinting at potential near-term buying interest.
• Bollinger Bands widened post-15:00 ET, reflecting heightened volatility during the rally.
At 12:00 ET on 2026-01-09, Artificial Superintelligence Alliance/Tether (FETUSDT) opened at $0.2802, reached a high of $0.2956, a low of $0.2756, and closed at $0.2809. Total 24-hour volume was 25.98 million, with notional turnover of $7.34 million.
Price action revealed a bearish breakdown from a prior key support level at $0.2847, confirmed by bearish engulfing patterns and a piercing line at 18:30 ET. A strong rebound emerged after 15:30 ET, with price reaching $0.2956, but failed to retest the prior high of $0.2956 due to bearish divergence and weak volume. The 24-hour close at $0.2809 is near critical psychological support, suggesting potential for consolidation or a short-term bounce.
Short-term moving averages (20/50-period on 5-minute chart) crossed bearishly into a downward trend after 18:00 ET. The 50-period MA sits at ~$0.2830, while the 200-period MA remains above current price, indicating a potential support zone. RSI declined to below 30, pointing to oversold conditions and a possible short-term reversal, though confirmation is needed.

Volatility expanded significantly after 15:00 ET as the price surged above the upper Bollinger Band, reaching $0.2956. This expansion suggests a period of high uncertainty and strong momentum, followed by a rapid retraction. The bands have since contracted, indicating a possible consolidation phase ahead.
Volume spiked during the afternoon rebound, especially at 15:30 ET, with a volume of 2.01 million and a turnover of $580,599.68. However, volume during the subsequent decline has been relatively muted, suggesting a potential lack of conviction in the bearish move. A divergence between price and volume during the 15:00–16:45 ET window may imply weakening bearish momentum.
The market may consolidate near $0.2809 in the short term, with a potential test of support at $0.2780 if the oversold RSI level triggers a rebound. Traders should remain cautious due to recent divergences and high volatility.
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