Market Overview for Bancor/Tether (BNTUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 7:13 pm ET1min read
BNT
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Aime RobotAime Summary

- BNTUSDT tested 0.4330-0.4350 support multiple times before rebounding to close at 0.4386.

- Sharp downward moves saw 276,337.0 volume spikes, confirming bearish conviction despite RSI nearing oversold levels.

- Widening Bollinger Bands and a bullish engulfing pattern near 0.4380-0.4390 suggest potential reversal after consolidation.

- Key resistance at 0.4370-0.4390 stalled advances, while 61.8% Fibonacci level at 0.4350 remains critical support.

Summary
• Price tested key support near 0.4330–0.4350 before rebounding.
• Volume surged during sharp downward moves, signaling increased bearish pressure.
• RSI approached oversold territory but failed to trigger a strong reversal.
• Bollinger Bands widened, reflecting heightened volatility.
• A potential bullish engulfing pattern formed near 0.4380–0.4390.

Bancor/Tether (BNTUSDT) opened at 0.4378 on 2026-01-15 at 12:00 ET, reaching a high of 0.4425 and a low of 0.4310 before closing at 0.4386 on 2026-01-16 at 12:00 ET. Total volume was 276,337.0, and turnover stood at 120,839.93.

Structure and Formations


The pair formed a bullish engulfing pattern near the 0.4380–0.4390 range, suggesting a potential reversal after a pullback. A key support cluster emerged around 0.4330–0.4350, where the price found a floor multiple times. The 0.4370–0.4390 zone is showing increased resistance as bearish momentum stalled price advances.

Moving Averages


On the 5-minute chart, the 20-period MA crossed below the 50-period MA, indicating short-term bearish bias. Daily MAs (50/100/200) remain in a sideways configuration, suggesting no clear long-term direction at this time.

Momentum and Volatility


MACD remained in negative territory, with a bearish crossover reinforcing downward momentum. RSI approached the oversold threshold (below 30) but failed to trigger a strong bounce, indicating potential exhaustion on the sell side. Bollinger Bands expanded significantly, reflecting a period of heightened volatility.

Volume and Turnover

Volume spiked during sharp downward moves, particularly around 0.4350–0.4310, aligning with price action and suggesting increased bearish conviction. Turnover moved in line with volume, with no major divergences observed.

Fibonacci Retracements


Recent 5-minute swings indicate that the 0.4350 level aligns with a 61.8% Fibonacci retracement level, reinforcing its importance as support. Daily retracement levels suggest a potential bounce from the 0.4330–0.4340 area could test the 0.4370–0.4380 range.

The pair appears to be consolidating after a strong downward move, with key support levels showing resilience. A move above 0.4386 may attract buyers, but a break below 0.4350 could reignite bearish momentum.