Market Overview: Celestia/Tether (TIAUSDT) 24-Hour Technical Summary

Summary
• TIAUSDT declined from 0.5861 to 0.5656 amid a bearish breakdown below key support at 0.5755.
• Volume spiked in the 05:00–08:00 ET window, confirming bearish momentum despite mixed RSI signals.
• Bollinger Bands narrowed before 16:00 ET, followed by a sharp volatility expansion and deep pullback below the 20-period MA.
• A bullish reversal at 0.5604 was rejected, with volume failing to confirm strength below 0.565.
• Price sits near 61.8% Fibonacci of the 0.5861–0.5593 swing, hinting at potential consolidation or further downside.

Celestia/Tether (TIAUSDT) opened at 0.5808 on 2026-01-17 at 12:00 ET, reached a high of 0.5868, touched a low of 0.5572, and closed at 0.5656 as of 12:00 ET on 2026-01-18. Total 24-hour volume amounted to 3,371,034.03 TIA, with a notional turnover of $1,895,844.14.

Structure & Formations

Price experienced a sharp breakdown below key support at 0.5755, with a bearish engulfing pattern forming at 0.5808–0.5823 during 17:45–18:00 ET. A deep pullback below 0.565 was confirmed by strong volume, but a potential bullish reversal at 0.5604–0.5628 failed to hold. The 61.8% Fibonacci retracement level at 0.565 aligns closely with current price, suggesting a possible area of temporary consolidation or retesting.

Moving Averages and Momentum

The 20-period and 50-period moving averages on the 5-minute chart both turned bearish, with price closing below both. The 50-period daily MA sits near 0.580, acting as overhead resistance. RSI dropped into oversold territory around 0.562–0.564 but has yet to trigger a reliable rebound. MACD lines have turned negative, with bearish divergence noted in the 23:00–00:30 ET period.

Volatility and Bollinger Bands

Bollinger Bands contracted between 16:00 and 19:00 ET, followed by a sharp expansion and price drop below the lower band. This bearish breakout confirms increased volatility and bearish control. Price has since remained within the bands, but without a clear rebound, volatility may continue to widen in the short term.

Volume and Turnover

Volume surged during the breakdown phase (05:00–08:00 ET), reaching a 24-hour high of 272,391.91 TIA in the 15:15 ET block. Notional turnover also peaked during this period, indicating conviction in the bearish move. However, volume failed to confirm strength during the attempted rally from 0.5604 to 0.567, raising questions about the sustainability of any short-term rebounds.

Price may test 0.562–0.559 and retest the 0.565 level for support in the next 24 hours. A break below 0.560 could open the door to 0.557–0.555 levels, while a sustained recovery above 0.567 may signal a short-term bounce, though confirmation remains weak. Investors should remain cautious due to the bearish technical setup and lack of clear bullish validation.