Market Overview for Coin98/Tether (C98USDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 9, 2026 4:02 am ET1min read
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C98
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Aime RobotAime Summary

- C98USDT tested 0.0256 resistance after a midday rally, with volume surging during a 5-minute window, confirming a bullish breakout.

- RSI showed moderate momentum, Bollinger Bands widened, and a bullish engulfing pattern at 0.0253 signaled potential gains.

- Strong 5-minute turnover spikes highlighted buying interest, but later volume contraction at 0.0264 suggested profit-taking or exhaustion.

- Price may test 0.026 resistance with follow-through potential if volume holds, but a pullback to 0.025 could reestablish a range-bound pattern.

Summary
• Price tested resistance at 0.0256 and pulled back after a sharp midday rally.
• Volume surged during the 05:15–06:45 ET window, confirming a bullish breakout.
• RSI showed moderate momentum, while Bollinger Bands widened, signaling rising volatility.
• A bullish engulfing pattern formed near 0.0253, suggesting potential for further gains.
• Turnover spiked sharply during a key 5-minute window, highlighting strong buyer interest.

24-Hour Price & Volume Snapshot


Coin98/Tether (C98USDT) opened at $0.0247 at 12:00 ET − 1, reaching a high of $0.0264 and a low of $0.0247, before closing at $0.0253 by 12:00 ET. Total traded volume over the period was 21.59 million, with notional turnover of $554,177.

Structure and Momentum Analysis


Price moved within a key consolidation range between 0.0247 and 0.0256, with a bullish breakout occurring around 05:15 ET as volume spiked to 3.27 million. The formation of a bullish engulfing candle at 0.0253 added to the optimism. MACD showed positive divergence, with RSI reaching 58–62, indicating moderate but building momentum.

Volatility and Pattern Observations


Bollinger Bands expanded significantly during the early morning hours, reflecting increased volatility. A 5-minute doji formed at 0.0254, indicating indecision after the rally. A 61.8% Fibonacci retracement level at 0.0254 appeared to cap the rebound, suggesting a potential short-term ceiling.

Volume and Turnover Dynamics


Volume and turnover aligned closely, with the largest 5-minute turnover spike reaching $84,657 at 05:30 ET. This suggests strong conviction during the key breakout. However, a later 5-minute volume contraction at 06:45 ET, despite a price high of 0.0264, may indicate some profit-taking or exhaustion.

Outlook and Risk Consideration


Price appears to be testing its next key resistance at 0.026, with volume behavior suggesting potential follow-through if it holds. However, a pullback to 0.025 could reestablish a range-bound pattern. Investors should monitor volume during the next 24 hours for signs of confirmation or reversal.