Market Overview: Decentraland/Tether (MANAUSDT) on 2026-01-04

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 4, 2026 12:54 pm ET1min read
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Aime RobotAime Summary

- MANAUSDT price consolidated in 0.1343–0.1385 range, with late bullish breakout attempt.

- Volume spiked during 0.1380–0.1405 rally, confirming momentum as RSI hit overbought 70.

- Bollinger Bands widened significantly, showing heightened volatility with price near upper band.

- Bullish engulfing pattern at 0.1380 suggests buying interest, but overbought RSI signals caution.

Summary
• Price consolidated in a 0.1343–0.1385 range, with a bullish breakout attempt in the final hours.
• Volume spiked during the 0.1380–0.1405 advance, confirming late-day momentum.
• RSI crossed into overbought territory, signaling potential near-term exhaustion.
• Bollinger Bands widened, reflecting increased short-term volatility.
• A bullish engulfing pattern formed near 0.1380, suggesting short-term buying interest.

Price and Volume Snapshot

Decentraland/Tether (MANAUSDT) opened at 0.1353 on 2026-01-03 at 12:00 ET and traded as low as 0.1343 before closing at 0.1380 as of 12:00 ET on 2026-01-04. The 24-hour range was 0.1343 to 0.1405, with total volume reaching 5.79 million MANA and notional turnover of $784,522. Price saw a late-session rally driven by increased volume and upward momentum.

Structure and Momentum

Price action showed a consolidation pattern between 0.1343 and 0.1385 during most of the session, breaking higher in the final hours. A bullish engulfing candle formed around 0.1380, signaling renewed buying pressure. RSI crossed into overbought territory, nearing 70, indicating potential exhaustion in the near term. MACD showed a positive divergence in the final hour, suggesting momentum was still behind the rally.

Volatility and Bands

Bollinger Bands expanded significantly during the final 6 hours of the session, reflecting rising volatility.

Price closed near the upper band, indicating strong near-term bullish bias but leaving room for retesting of 0.1370–0.1375 levels. A contraction in the bands earlier in the day suggests a potential false break may have occurred.

Volume and Turnover

Volume remained below average until the final 5 hours, when it spiked sharply, particularly in the 0.1380–0.1405 move. Turnover confirmed the volume spikes, with notional value rising to a peak of $13,329.74 in the 16:30–17:00 ET window. The increase in both volume and turnover suggests a genuine breakout rather than a false rally.

Outlook and Risk

The late-session rally suggests a short-term bullish bias, but overbought RSI and a wide Bollinger Band suggest caution. A close above 0.1385 could signal a stronger near-term trend. Investors should watch for a retest of 0.1370–0.1375 as a potential pivot point. Risks remain in a rapid reversal if momentum fails to hold.