AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price tested key support near 0.0370–0.0371 with a failed breakdown.
• Volatility expanded during overnight hours, with price rising above 0.0375.
• Divergence between volume and price signaled consolidation near 0.0373.
• RSI remains neutral, indicating no immediate overbought or oversold condition.
• Bollinger Bands tightened pre-breakout, suggesting possible directional bias.
Bonfida/Tether (FIDAUSDT) opened at 0.0371 on January 2, 2026, reached a high of 0.0382, and closed at 0.0373 by 12:00 ET on January 3, with a low of 0.0368. The 24-hour volume totaled approximately 9,538,806.8, while notional turnover reached $349,747.08.
Price formed a bullish reversal pattern around 0.0370–0.0373, with a strong rejection below 0.0370. A key resistance cluster emerged between 0.0375 and 0.0378, where the price consolidated after an initial breakout. A long lower shadow at 0.0370–0.0372 suggests strong buying interest in that zone.

On the 5-minute chart, the 20-period and 50-period moving averages crossed near 0.0373–0.0374, indicating a short-term bullish bias. On the daily chart, the 200-period MA is below 0.0368, but price remains above it, suggesting intermediate-term stability.
Relative Strength Index (RSI) remained within the 45–55 range, suggesting a neutral momentum environment. Bollinger Bands narrowed before the 0.0375 breakout, followed by a widening that signaled increased volatility.
Volume spiked during the 02:00–04:00 ET window when price broke above 0.0378, followed by a sharp decline as price retested that level. Turnover surged during the overnight hours, confirming participation in the upward movement. However, weaker volume during the retracement implies reduced conviction among sellers.
Key Fibonacci levels (38.2% at 0.0374 and 61.8% at 0.0376) were tested during the 0.0370–0.0378 swing, with price consolidating near 61.8% before pulling back. On the daily chart, 0.0368 marks a critical support level based on the recent swing from 0.0382.
Looking ahead, price appears to be testing the 0.0373–0.0375 range for a potential continuation or pullback. Traders should monitor volume for confirmation of a breakout or breakdown, with a key watch at the 0.0370 support and 0.0378 resistance. Risk remains moderate with potential for either side, but a breakdown below 0.0370 could trigger renewed bearish momentum.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.04 2026

Jan.04 2026

Jan.04 2026

Jan.04 2026

Jan.04 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet