Market Overview for Band/Tether (BANDUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 2:14 pm ET1min read
USDC
--
Aime RobotAime Summary

- BANDUSDT traded in 0.345-0.36 range, hitting 0.345 support before rebounding to 0.349.

- Bearish engulfing pattern at 0.355 and diverging volume signaled potential downward bias despite neutral RSI.

- 61.8% Fibonacci level at 0.347 broke as key support, with 0.343-0.345 next target for possible consolidation or breakdown.

- Overnight volatility surge and widening Bollinger Bands suggest impending directional move as market tests new equilibrium.

Summary
• Price consolidated around 0.355, with key resistance at 0.358 and support near 0.345–0.347.
• Momentum waned after a brief bullish push in the early morning, with RSI hovering near neutral.
• Volatility contracted late evening, but surged in overnight trading, indicating possible trend exhaustion.
• Volume increased in the early hours but diverged with price, suggesting uncertainty.
• A bearish engulfing pattern formed near 0.355, hinting at potential downward bias.

Band/Tether (BANDUSDT) opened at 0.354 on 2026-01-17 12:00 ET, reached a high of 0.36, touched a low of 0.345, and closed at 0.349 as of 2026-01-18 12:00 ET. The total volume over the 24-hour window was 578,494.1, with notional turnover at 201,353.25 USDT.

Structure & Formations


Price remained in a tight consolidation phase for most of the session, with 0.355 serving as a pivotal level. A bearish engulfing pattern developed during the early morning hours, signaling potential downward pressure. The 0.347–0.348 range appears to have offered short-term support, but the 0.345 level was briefly tested and held, indicating it may serve as a critical floor in the near term.

Technical Indicators


MACD showed a flattening trend, reflecting waning momentum, while RSI lingered in neutral territory around 50, suggesting no clear overbought or oversold signals. Bollinger Bands remained relatively narrow for most of the session, indicating low volatility, but widened overnight as the price tested lower levels, pointing to an impending breakout or breakdown.

Volume and Turnover



Volume spiked in the early morning hours following the price dip toward 0.345–0.347, but this increase did not confirm a strong reversal. Turnover increased modestly during the breakout attempt toward 0.345, but the divergence between volume and price suggests mixed investor sentiment. The lack of confirmation in volume may signal indecision ahead of a potential direction shift.

Fibonacci Retracements


Fibonacci levels based on the 0.345–0.36 swing show 0.350 (38.2%) and 0.347 (61.8%) as key levels. The price spent considerable time near the 61.8% level before breaking below it, suggesting further consolidation or a test of the 0.343–0.345 support may follow.

In the coming 24 hours, BANDUSDT may test the 0.343–0.345 range, with a potential rebound or continuation of the decline depending on volume and reversal signals. Traders should monitor the 0.347 level for signs of a short-term bottom. Volatility is expected to increase as the market attempts to find a new direction.