Market Overview for Dash/Tether (DASHUSDT) – 2026-01-10

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 11:38 am ET1min read
DASH
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Aime RobotAime Summary

- Dash/Tether (DASHUSDT) dropped 4.5% to 37.01, forming a bearish engulfing pattern near 38.63.

- RSI fell below 30 (oversold) while MACD turned negative after 18:00 ET, confirming bearish momentum.

- Volatility spiked at 19:30 ET with 15,000+ volume as price collapsed from upper to lower Bollinger Band.

- 37.50 level acts as key resistance, with 37.13 Fibonacci support and 37.30 breakdown threshold critical for further declines.

Summary
• Price fell from 38.71 to 37.01, forming a bearish engulfing pattern near 38.63.
• RSI dipped below 30, suggesting oversold conditions, while MACD turned negative.
• Volatility expanded as volume spiked to 15,000+ at 19:30 ET, coinciding with a sharp drop.

Dash/Tether (DASHUSDT) opened at 38.54 on 2026-01-09 12:00 ET, touched a high of 38.71, a low of 36.80, and closed at 37.34 at 12:00 ET on 2026-01-10. Total volume reached 58,846.56, with notional turnover of 2,187,570.05.

Structure & Formations


Price experienced a broad bearish trend during the 24-hour window, forming a key bearish engulfing pattern at 38.63, signaling a shift in sentiment. A 5-minute low at 36.80 may mark near-term support. The 37.30–37.50 area appears to be a potential short-term base, with the 37.50 level showing signs of resistance as price has struggled to break above it multiple times.

Moving Averages


On the 5-minute chart, the price is below both the 20 and 50-period moving averages, reinforcing the bearish bias. On the daily chart, the 50 and 200-period moving averages likely remain above current price levels, indicating a continuation of the broader downward trend.

MACD & RSI



RSI dipped below 30 near 37.04, suggesting oversold conditions. However, price failed to show a strong bounce, indicating weak follow-through buying. MACD turned negative after 18:00 ET, confirming bearish momentum. The indicator remains below its signal line, suggesting further downside could be in play.

Bollinger Bands


Volatility expanded as the price dropped sharply near 19:30 ET, moving from the upper to the lower Bollinger Band in a short span. Price has remained near the lower band since that point, indicating a period of consolidation under pressure.

Volume & Turnover


Volume spiked at 19:30 ET with 15,000+ contracts traded, aligning with the sharp drop from 37.92 to 37.86. However, subsequent volume has remained moderate, suggesting limited conviction in the new price range. Turnover has not confirmed a strong reversal, with most activity focused on downward price action.

Fibonacci Retracements


The 38.2% Fibonacci retracement level at 37.65 may act as a near-term resistance. The 61.8% level is near 37.13, which could serve as a potential support if the downtrend continues.

Conclusion


While oversold conditions may hint at a potential rebound, the bearish structure and lack of follow-through volume suggest that downward momentum could persist. Investors should monitor the 37.50 level closely, as a break below 37.30 could accelerate the decline further. As always, sudden macroeconomic or market news could trigger unexpected volatility.