Market Overview for CoW Protocol/USDC (COWUSDC) on 2026-01-18

Sunday, Jan 18, 2026 3:23 am ET1min read
Aime RobotAime Summary

- CoWUSDC price held above key support at 0.2474–0.2477, triggering a rally to 0.2645 on 2026-01-18.

- RSI above 50 and Bollinger Bands' upper band breakout confirmed strengthening bullish momentum.

- Surging volume during 05:00–07:00 ET validated the breakout, with Fibonacci levels at 0.2551/0.2574 as next resistance targets.

- 5-minute EMA crossover and daily 50 EMA support reinforce continuation potential if price holds above 0.2501.

Summary
• Price tested and held above key support at 0.2474–0.2477 before rallying.
• Momentum showed signs of strengthening with RSI above neutral territory.
• Volatility expanded in early hours, driven by a large 5-minute candle at 20:30 ET.
• Volume surged during the 05:00 ET–07:00 ET period, confirming the bullish breakout.
• Bollinger Bands indicated a breakout to the upper band, suggesting a continuation of the rally.

The CoW Protocol/USDC pair opened at 0.2492 on 2026-01-17, touched a high of 0.2645 and a low of 0.2474, and closed at 0.2501 on 2026-01-18. Total 24-hour volume was 296,925.7, with turnover amounting to 74,680.75 USDC.

Price found strong support near 0.2474–0.2477 during early hours, with a bullish engulfing pattern forming at the break.

The RSI rose above 50, suggesting growing upward momentum. Volatility spiked during the 20:30 ET candle, where a large 0.2506 open-to-close move occurred. Bollinger Bands showed a widening in the early hours, with price breaking the upper band near 0.2552, a sign of continued bullish bias.

Moving averages on the 5-minute chart showed a positive cross between the 20 and 50 EMA, reinforcing the near-term upswing. On the daily chart, the 50 EMA is likely providing intermediate support. Fibonacci retracements from the 0.2474 to 0.2645 swing suggest key resistance levels at 0.2551 and 0.2574, which could be tested over the next 24 hours.

The rally appears to be supported by strong volume during the 05:00–07:00 ET period, aligning with the price breakout. This suggests accumulation and a higher probability of continuation. However, a reversal below 0.2501 or 0.2493 could signal caution and a potential pullback.

Forward-looking, CoWUSDC may continue to test upper Fibonacci levels and challenge key resistance if volume remains strong. Investors should remain cautious of a potential pullback if price fails to hold above 0.2501.