Market Overview for Bella Protocol/Tether (BELUSDT)

Summary
• BELUSDT traded within 0.1371–0.1444, forming a bullish engulfing pattern on the 5-min chart.
• Momentum surged past key resistance with RSI rising above 60, signaling renewed buying pressure.
• Volatility spiked during the 7:15–7:30 ET window, with turnover surging to 56,896 USDT.
• Price remains above 50-period moving averages, confirming a medium-term uptrend.
• Bollinger Bands widened as volume rose, highlighting increased market participation.

Market Overview

Bella Protocol/Tether (BELUSDT) opened at 0.1393 on 2026-01-11 12:00 ET, touched a high of 0.1444, a low of 0.1371, and closed at 0.139 at 12:00 ET on 2026-01-12. Total volume reached 6,926,893.4, with turnover at 931,648.59 USDT.

Structure & Key Levels

BELUSDT formed a bullish engulfing pattern on the 5-minute chart following a break above the 0.1400 psychological level. The 0.1371–0.1382 range acted as strong support, with price rebounding sharply after testing the lower band. A 50-period moving average on the 5-min chart confirmed upward momentum, while the daily 50/100/200 EMAs remained aligned in a bullish bias.

Trend Confirmation and Momentum

The MACD crossed into positive territory, with a bullish histogram expansion indicating growing momentum. RSI climbed above 60, signaling overbought conditions but not yet extreme. A bullish divergence formed between price and RSI during the early morning ET hours, hinting at a potential continuation of the upward move.

Volatility and Turnover

Volatility spiked significantly during the 7:15–7:30 ET window, coinciding with a sharp rally that saw turnover surge to 56,896 USDT. Bollinger Bands widened in response, reflecting heightened market activity. The 0.1371–0.1444 swing range provided key Fibonacci levels at 0.1384 (38.2%) and 0.1394 (61.8%), where price tested resistance multiple times.

Looking ahead, BELUSDT appears poised for a potential test of the 0.1426–0.1436 resistance cluster. A break above 0.1444 could signal stronger institutional interest, but a pullback to 0.1371–0.1375 may trigger renewed volatility. Investors should remain cautious as large volume-driven moves can reverse quickly.