Market Overview for DeXe/Tether (DEXEUSDT) on 2026-01-16

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 9:16 pm ET1min read
DEXE
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Aime RobotAime Summary

- DEXE/USDT fell from $3.319 to $3.151, forming bearish engulfing patterns and testing key support at $3.13.

- RSI hit oversold levels (29) with low-volume rebound, suggesting potential short-term pullback.

- Volatility surged (9.3% range), with price repeatedly hitting lower Bollinger Bands, indicating strong selling pressure.

- Price tested 61.8% and 78.6% Fibonacci levels, while MACD remained negative, reinforcing bearish momentum.

- A break below $3.13 could extend the decline, but a rebound near $3.23 may signal short-term consolidation.

Summary
• Price declined from $3.319 to $3.151, forming bearish engulfing patterns and testing key support.
• RSI oversold territory and low volume on the recent bounce suggest a possible short-term rebound.
• Volatility expanded significantly during the session, with a 9.3% range and a sharp drop near the end.

DeXe/Tether (DEXEUSDT) opened at $3.302 on 2026-01-15 at 12:00 ET, reached a high of $3.319, and closed at $3.151 by 12:00 ET on 2026-01-16, with a low of $3.13. Total 24-hour volume was 45,699.22 and turnover amounted to $149,837.99.

Structure & Formations


The price formed multiple bearish engulfing patterns, especially around the 18:00–19:30 ET window, confirming the downward trend. A key support level was identified near $3.13, where price found a floor after a sharp drop. A doji formed near $3.23, indicating indecision after the initial breakdown.

Moving Averages


On the 5-minute chart, price closed below the 20-EMA and 50-EMA, reinforcing bearish bias. Daily chart indicators, including the 50-, 100-, and 200-day EMAs, suggest further downward momentum as the price continues to trend below these lines.

Momentum and Indicators



The RSI dropped into oversold territory near 29 at the end of the session, suggesting a potential pullback. MACD remained in negative territory, confirming the bearish momentum.

Volatility and Bollinger Bands


Volatility expanded significantly during the session, with a 9.3% range. Price tested the lower Bollinger Band multiple times, especially near the end of the session, indicating increased selling pressure.

Volume and Turnover


Volume spiked during the late afternoon and early evening ET, particularly around the $3.24–$3.26 range, confirming the bearish breakdown. The final 30-minute period saw a sharp drop to $3.151, but with lower volume, signaling cautious sentiment.

Fibonacci Retracements


On the 5-minute chart, price reached key Fibonacci levels at 61.8% (around $3.22) and 78.6% (around $3.16), suggesting critical psychological levels. A rebound near $3.23 aligns with a 38.2% retracement, hinting at potential short-term resistance.

In the next 24 hours, a test of $3.23 may signal short-term consolidation, but a break below $3.13 could extend the decline. Investors should watch for volume confirmation on any bounce.