Market Overview for BENQI/Tether (QIUSDT): 2026-01-15

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 3:44 am ET1min read
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Aime RobotAime Summary

- BENQI/Tether (QIUSDT) traded in a tight 0.00342-0.00356 range with key support at 0.00347-0.00348.

- RSI remained neutral (45-55) while Bollinger Bands narrowed, signaling low volatility and potential breakout.

- Volume spiked near 0.0035 but failed to break resistance, with a bearish engulfing pattern indicating short-term weakness.

- Price hovered below 20/50-period SMAs on 5-minute charts, reinforcing short-term bearish bias.

Summary
• Price remains in a tight range between 0.00342 and 0.00356 amid light volume.
• A potential support zone forms near 0.00347–0.00348 with multiple closes clustering there.
• Momentum shows no clear direction, with RSI hovering in neutral territory.
• Volatility appears subdued with Bollinger Bands narrowing slightly.
• Volume spikes near 0.0035 mark but failed to break through resistance.

BENQI/Tether (QIUSDT) opened at 0.00353 on 2026-01-14 at 12:00 ET, reaching a high of 0.00356 and a low of 0.00342, and closed at 0.00348 by 12:00 ET on 2026-01-15. Total volume over 24 hours was 20.5 million QI, with a notional turnover of approximately 71,174 USDT.

Structure & Formations


The price action over the past 24 hours shows a range-bound consolidation pattern, with a key support zone forming around 0.00347–0.00348 and a resistance cluster near 0.00353–0.00356. A bearish engulfing pattern appeared briefly during the 20:00–20:15 ET session, suggesting short-term bearish sentiment. However, the lack of follow-through suggests the market may be testing this range for a breakout.

Moving Averages


On the 5-minute chart, price hovered below both the 20 and 50-period SMAs, which currently sit at around 0.00350 and 0.00351, respectively. This suggests a slightly bearish bias in the short term.
On the daily chart, the price remains below the 200-period SMA at approximately 0.00353, indicating a longer-term bearish bias.

Momentum and RSI


The RSI remains in the 45–55 range over the past 24 hours, indicating neutral momentum. MACD lines oscillate around the zero line without a clear trend, reinforcing the sideways movement. No overbought or oversold conditions have been observed, signaling a lack of strong directional bias.

Bollinger Bands


Price remains in the lower half of the Bollinger Bands, with the bands showing a slight narrowing over the last 6 hours. This may indicate a period of low volatility, which could precede a breakout or continuation within the range.

Volume and Turnover


Volume remained moderate throughout the period, with the largest spike occurring at 19:00–19:15 ET, when nearly 4.5 million QI traded hands. Despite this, price failed to push beyond 0.00351, suggesting weak buying pressure at higher levels.

Fibonacci Retracements

On the 5-minute chart, a key swing high of 0.00356 was followed by a decline to 0.00347, placing the current price near the 61.8% retracement level. If the price fails to hold above this level, further support may be found around 0.00342.

The market may remain in a consolidation phase over the next 24 hours as it tests key levels. A breakout above 0.00356 or a breakdown below 0.00347 could signal the next directional move, but traders should remain cautious of potential false breakouts amid light volume.