Market Overview for Compound/Tether (COMPUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 1, 2026 6:15 pm ET1min read
COMP
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Aime RobotAime Summary

- COMPUSDT price dropped from $25.54 to $24.82, forming bearish momentum with key support near $24.80.

- Early ET volume surged with price weakness, while RSI at 28 indicates potential short-term bounce from oversold conditions.

- A 5-min bearish engulfing pattern at 00:30 ET confirmed downward bias, with Fibonacci retracements showing 24.82 near 38.2% level.

- Price consolidation near $24.80-24.85 support suggests possible pause, but break below could trigger further decline toward $24.69.

Summary
• Price declined from $25.54 to $24.82, forming bearish momentum and key support near $24.80.
• A long lower wick at $24.52-24.62 suggests rejection near the 24.80 level.
• Volume surged above average during the early morning ET, aligning with price weakness.
• RSI shows oversold conditions at 28, suggesting a potential short-term bounce.
• A 5-min bearish engulfing pattern emerged at 00:30 ET, confirming downward bias.

Compound/Tether (COMPUSDT) opened at $25.54 at 12:00 ET-1, reached a high of $25.54, a low of $24.52, and closed at $24.82 at 12:00 ET today. The 24-hour volume was 15,403.42 with a notional turnover of $386,646.90.

Structure & Candlestick Patterns


Price formed a bearish trend, dropping from $25.54 to a 24-hour low of $24.52. Key support levels emerged near $24.80–24.85, where price consolidated for several hours. A bearish engulfing pattern at 00:30 ET and a long lower wick in the 02:00–02:15 ET candle suggest strong rejection in that area.

Trend and Moving Averages


Short-term moving averages on the 5-minute chart (20/50) remain bearish, with price consistently below both. Daily moving averages (50/100/200) are not fully visible without more context, but the 24-hour close near 24.82 appears below longer-term support, suggesting a continuation of the downtrend could be probable.

Momentum and Volatility


MACD turned negative with bearish divergence in the final hours, and RSI reached oversold levels at 28 near the 24.82 close. Bollinger Bands showed expansion during the price decline, indicating increased volatility. The bands currently sit around $24.65 to $24.95, with price consolidating near the lower band.

Volume and Turnover Analysis


Volume spiked sharply in the 00:15–04:00 ET window, coinciding with the price decline from $25.44 to $24.72. Notional turnover rose in tandem, confirming bearish conviction during that period. Later in the day, volume normalized while price bounced in a tight range. No major divergence between price and volume was observed.

Fibonacci Retracements


Fibonacci retracements drawn from the 25.54 high to the 24.52 low show the 24.82 close near the 38.2% level. This suggests a possible pause in the decline, with 61.8% at $24.69 offering a lower target if bearish momentum resumes.

The path forward may hinge on how price reacts to the 24.80–24.85 support cluster. A break below this could trigger a test of the 24.69 level. However, an immediate rebound could occur given the RSI reading in oversold territory, but this may not be enough to reverse the larger bearish bias. Investors should monitor for a potential break-and-close below 24.80 as a bearish confirmation.