Market Overview for Chromia/Tether (CHRUSDT) – 24-Hour Analysis

Summary
• Price drifted lower amid bearish momentum, closing near session low.
• Volume surged during key break below 0.0490, confirming bearish sentiment.
• RSI and MACD signal overbought conditions resolved; further downside likely.
• Volatility expanded in early session, with price finding support near 0.0485.
• Key support now at 0.0480–0.0475 with potential for retests.

Chromia/Tether (CHRUSDT) opened at 0.0488 on January 17, 2026, at 12:00 ET, and closed at 0.0475 on January 18, 2026, at 12:00 ET, with a high of 0.0497 and low of 0.0418. Total 24-hour volume reached 8.07 million, while notional turnover amounted to $398,945.

Structure & Formations

Price action showed a bearish breakdown from the 0.0490–0.0493 consolidation range, marked by a long lower wick and bearish engulfing pattern. The 0.0485–0.0480 zone appears to have acted as a short-term floor, with a potential test of 0.0475–0.0470 ahead.

Moving Averages

The 20-period and 50-period 5-minute moving averages have been declining, confirming bearish bias. Daily MA(50) and MA(100) suggest the pair remains in a downward trend over the broader timeframe.

MACD & RSI

MACD turned negative with a bearish crossover, indicating waning bullish momentum. RSI has corrected from overbought conditions to neutral territory and may continue down into oversold levels, suggesting potential for further correction.

Bollinger Bands

Price expanded volatility sharply after 19:00 ET on January 17, with a brief contraction around 03:00 ET. Current levels sit near the lower band, suggesting increased likelihood of bounce or retest of key support.

Volume & Turnover

Volume spiked during the breakdown under 0.0490, confirming bearish conviction. Turnover increased in tandem with volume, particularly in the 19:00–22:00 ET window, signaling active selling pressure.

Fibonacci Retracements

Fib levels from the 0.0492–0.0418 swing show 0.0477 as a 61.8% retracement level, which could offer temporary support. A break below this level may trigger a move toward 0.0468–0.0460.

Chromia/Tether appears to be in a bearish consolidation phase with clear support levels in focus. While near-term volatility may increase, a retest of the 0.0480–0.0475 zone is likely before potential for a broader move. Investors should monitor the 0.0485 level for signs of recovery. As always, bearish breakdowns carry risks for further declines.