Market Overview for Coin98/Tether (C98USDT)

Thursday, Jan 15, 2026 3:56 am ET1min read
Aime RobotAime Summary

- Coin98/Tether (C98USDT) fell from 0.0258 to 0.0245 over 24 hours, showing strong bearish bias.

- Key resistance at 0.0251 failed repeatedly, with high volume confirming bearish strength below this level.

- RSI approached oversold territory (30) and MACD showed bearish divergence, signaling weakening momentum.

- Volatility spiked early ET with widened Bollinger Bands, while 0.0245-0.0246 support could trigger a rebound or further decline below 0.0243.

Summary
• Price declined from 0.0258 to 0.0245 over 24 hours with clear bearish bias.
• High volume consolidation below 0.0251 suggests strong resistance.
• RSI and MACD indicate weakening momentum with oversold territory approached.
• Volatility expanded during early ET hours, reflecting increased selling pressure.
• Bollinger Bands widened, signaling heightened price swings and possible reversal setups.

Coin98/Tether (C98USDT) opened at 0.0256 on 2026-01-14 at 12:00 ET, reached a high of 0.0258, fell to a low of 0.0242, and closed at 0.0245 by 12:00 ET on 2026-01-15. Total volume was 8,027,283.8, and turnover was $201,138.9.

Structure & Key Levels


The pair tested key resistance around 0.0251 multiple times, with each attempt failing to hold, reinforcing bearish sentiment. Support emerged near 0.0245–0.0246, where price consolidated toward the end of the 24-hour window. A large bearish engulfing pattern formed around 03:30–04:00 ET, signaling continued downward pressure.

Moving Averages and Momentum


On the 5-minute chart, the price closed below the 20- and 50-period moving averages, suggesting short-term bearish momentum. The 50-period MA may offer a near-term support level if the price retraces. The 14-period RSI approached 30 by 06:00 ET, hinting at oversold conditions, while the MACD showed a bearish divergence in the final hours.

Volatility and Bollinger Bands


Volatility expanded during early ET hours, with Bollinger Bands widening significantly. Price remained below the lower band for much of the session, indicating high bearish control. A contraction in volatility around 09:00 ET may suggest a potential turning point or consolidation phase ahead.

Volume and Turnover


The most active 5-minute candle was at 02:45 ET, with 1,161,362.6 units traded, and turnover of $28,478.37. Notional turnover spiked alongside large-volume sell-offs between 02:00–03:00 ET. Volume remained elevated below 0.0251, confirming bearish strength.

Forward-Looking Observations

If the 0.0245–0.0246 level holds, a rebound toward 0.0251 could occur. However, a breakdown below 0.0243 may trigger further bearish momentum. Investors should monitor volume and RSI for signs of exhaustion or reversal in the next 24 hours. Risk remains skewed to the downside in the near term.