Market Overview: Contentos/Tether (COSUSDT) 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Monday, Jan 5, 2026 9:24 am ET1min read
COS
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Aime RobotAime Summary

- COSUSDT formed bearish reversal patterns and broke key support at $0.001401, signaling further downside potential.

- RSI neared oversold levels while MACD showed weakening momentum, confirming bearish bias with declining volume.

- Price traded below all major moving averages and closed near lower Bollinger Band, reinforcing medium-term downtrend.

- Surging volume during key declines and $0.001360 support test highlight heightened bearish pressure despite short-term bounce risks.

Summary
• Price formed bearish reversal patterns and broke key support, signaling potential for further downside.
• RSI and MACD showed weakening momentum, with RSI near oversold territory.
• Volatility expanded during the sell-off, with high turnover confirming bearish sentiment.
• Volume surged during key declines, reinforcing bearish bias.
• Price currently trading below major moving averages, reinforcing a medium-term downtrend.

Contentos/Tether (COSUSDT) opened at $0.001413 on 2026-01-04 at 12:00 ET and closed at $0.001379 on 2026-01-05 at 12:00 ET, with a high of $0.001417 and a low of $0.001366. Total volume reached 104,799,708.59999997, with a notional turnover of approximately $145,731.94.

Structure & Formations


Price action on the 5-minute chart revealed multiple bearish reversal patterns, including engulfing and dark cloud cover, especially during the early part of the session as it broke below a key support level around $0.001401. A large bearish candle with a long lower wick appeared near the session low, suggesting increased seller dominance. The 5-minute Fibonacci retracement levels of 61.8% and 78.6% aligned with critical support levels where price showed rejection, but the subsequent break below $0.001401 confirmed further bearish sentiment.

Moving Averages


On the 5-minute chart, the price spent most of the session below both the 20-period and 50-period moving averages, which acted as overhead resistance. On the daily chart, the price remains below the 50, 100, and 200-period MAs, reinforcing a medium-term bearish bias.

MACD & RSI


The 5-minute MACD showed a bearish crossover with the signal line and declining momentum during the key sell-off phase. RSI dipped into oversold territory below 30 during the late hours, suggesting potential for a short-term bounce. However, the lack of bullish follow-through and a diverging price-volume action suggests that bearish pressure remains intact.

Bollinger Bands


Volatility expanded as the price moved toward the lower Bollinger Band during the sell-off, with a sharp price contraction observed earlier in the session. The price closing near the lower band suggests increased bearish bias, with potential for a test of the 2026-01-05 low.

Volume & Turnover


Volume spiked during key downside moves, particularly between 19:15 ET and 20:00 ET, with the largest turnover spike occurring at 19:15 ET as price gapped lower. Notional turnover mirrored the volume pattern, with strong confirmation of bearish sentiment during the late night and early morning hours.

Looking ahead, the price could test the next support at $0.001360 if the bearish trend continues. However, traders should be cautious of a potential short-term bounce amid oversold RSI readings. A failure to hold above $0.001366 may increase the risk of a deeper correction in the next 24 hours.