Market Overview for Bella Protocol/Tether (BELUSDT) – 2026-01-13

Summary
• Price consolidated between $0.1394 and $0.1436, with bearish pressure below $0.1413.
• RSI near 50 suggests neutral momentum, but MACD diverges with weaker bullish momentum.
• A 5-minute bearish engulfing pattern formed at $0.1418, hinting at potential reversal.
• Volume surged during the final 90 minutes, confirming higher lows but not breaking above $0.1433.
• Bollinger Bands tightened during the overnight session, hinting at a potential breakout.

Market Overview

Bella Protocol/Tether (BELUSDT) opened at $0.1436 on 2026-01-12 at 12:00 ET, reached a high of $0.1446, a low of $0.1365, and closed at $0.1434 on 2026-01-13 at 12:00 ET. Total 24-hour volume was 962,304.5, with a notional turnover of $138,660.93.

Structure & Formations

Price action developed a defined range between $0.1394 and $0.1436. A bearish engulfing pattern at $0.1418 signaled potential short-term reversal, while a tight cluster near $0.1406 formed a potential intermediate support level. A bullish divergence in volume at $0.1403 suggests buyers may defend that level.

Moving Averages

On the 5-minute chart, the 20-period MA crossed below the 50-period MA midday, signaling bearish momentum. The daily chart showed a bullish cross between 50 and 100-period MAs, suggesting medium-term strength.

Momentum Indicators

The RSI remained in the mid-range (46–52), indicating balanced buying and selling pressure. However, the MACD showed a bearish crossover near $0.1413, with a weak histogram, suggesting momentum is waning on the long side.

Bollinger Bands

Volatility contracted between 00:00 and 05:00 ET, with price hovering near the lower band before expanding. A recent test of the upper band at $0.1433 failed to close above, indicating resistance remains intact.

Volume & Turnover

Volume spiked sharply after 14:00 ET as price approached $0.1433, confirming the higher lows but not a breakout. Notional turnover also increased during that period, supporting the idea that buying activity was concentrated in that range.

Fibonacci Retracements

Key retracements from the $0.1365 to $0.1436 swing include 61.8% at $0.1409 and 38.2% at $0.1398. Price appears to have tested the 61.8% level twice, suggesting potential for a bounce or further consolidation.

In the next 24 hours, BELUSDT may test the $0.1436 resistance level or retest $0.1406 support. Investors should be cautious of potential divergence between price and volume, particularly if price breaks either level without confirmation.