Market Overview for Dash/Tether (DASHUSDT) – January 16, 2026

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 11:39 am ET1min read
USDT
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DASH
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Aime RobotAime Summary

- DASHUSDT surged to $96.85, breaking above $91–$92 resistance with a bullish engulfing pattern at $81.

- RSI hit overbought levels (>70) and MACD remained positive, signaling strong but potentially volatile momentum.

- Volume spiked 588,066.6 DASH during the 5–6 AM ET rally, confirming broad-based buying pressure.

- Price consolidated above $90, with Fibonacci 61.8% support and $93–$94 as next key resistance targets.

Summary
• Price surged to $94.93 during the session, forming a bullish breakout above key resistance.
• RSI climbed into overbought territory, suggesting potential near-term profit-taking.
• Volume increased significantly during the rally, confirming price action strength.
• A large bullish engulfing pattern emerged around $81.00, indicating a shift in sentiment.
• Volatility expanded in the 5–6 AM ET period, aligning with a sharp price move from $88.00 to $96.85.

24-Hour Price and Volume Snapshot


Dash/Tether (DASHUSDT) opened at $79.23 on January 15 at 12:00 ET and closed at $88.45 on January 16 at 12:00 ET, reaching a high of $96.85 and a low of $77.27 during the session. Total traded volume was 588,066.6 DASH, with notional turnover amounting to $51,976,857.23.

Price Structure and Key Levels

The pair broke out decisively above a key resistance cluster between $91.00 and $92.00, forming a large bullish engulfing pattern around the $81.00 level. This suggests a shift from bearish to bullish momentum. Price then consolidated above the $90.00 psychological level before pushing higher, with Fibonacci retracement levels at 61.8% acting as dynamic support during pullbacks.

Technical Momentum and Volatility


The RSI surged past 70, signaling overbought conditions and hinting at potential short-term correction. The MACD crossed above zero and remained in positive territory, reinforcing bullish momentum. Volatility spiked in the early morning hours (ET) as prices moved sharply higher, with Bollinger Bands widening to reflect increased market participation.

Volume and Turnover Analysis


Volume surged during the breakout above $91.00, with notable increases in turnover during the 5–6 AM ET period. This confirms the strength of the bullish move and suggests broad-based buying. No significant divergence between price and turnover was observed, indicating strong alignment between price action and liquidity.

Looking ahead,

DASHUSDT
may test the $93.00–$94.00 range for potential consolidation. Traders should remain cautious of overbought conditions and the risk of a short-term pullback toward $87.00–$89.00.