Market Overview for DeXe/Tether (DEXEUSDT)

Summary
• Price broke key support near $3.43, dropping to $3.324 with bearish confirmation on 15:45 ET-1 candle.
• RSI hit oversold territory below 30, suggesting potential near-term rebound, though bear momentum remains strong.
• Volume surged at the 16:00 ET-1 candle, signaling heightened bear activity during sharp decline.

24-Hour Price and Volume Summary

DeXe/Tether (DEXEUSDT) opened at $3.462 on 2026-01-14 at 12:00 ET, hit a high of $3.478, and closed at $3.319 on 2026-01-15 at 12:00 ET, with a low of $3.276. Total volume over 24 hours was 191,577.5, and notional turnover amounted to approximately $65,236.45.

Structure & Formations

Price action showed a bearish breakdown below critical support at $3.43 on the 15:45 ET-1 candle, confirmed by a bearish engulfing pattern. A strong bearish trend continued through the day with a low of $3.276, marking a key swing level. No significant bullish reversal patterns emerged, though a small bullish divergence in RSI near $3.324 suggests a potential short-term rebound may occur.

Moving Averages and Momentuma detailed financial chart showing DeXe/Tether's 20- and 50-period moving averages on the 5-min chart, both trending downward to reinforce the bearish momentum
The 20- and 50-period moving averages on the 5-min chart both trended downward, reinforcing bearish momentum. MACD lines were negative and declining, indicating continued bear pressure. RSI dropped below 30 into oversold territory at $3.324, hinting at a potential near-term bounce, though bearish dominance remains intact.

Volatility and Bollinger Bands

Bollinger Bands widened significantly as the price moved lower, reflecting increased volatility. The 16:00 ET-1 candle closed near the lower band at $3.324, suggesting the price is trading in a tight, bear-driven range.

Volume and Turnover

Volume surged during the 16:00 ET-1 candle with a massive 191,577.5 volume print and $63,236.45 notional turnover, confirming the strength of the bearish move. The spike in turnover coincided with a sharp drop from $3.329 to $3.324, reinforcing the bearish narrative.

Fibonacci Retracements

On the 5-min chart, the drop from $3.478 to $3.276 aligned with key Fibonacci levels. Price found temporary support at the 38.2% level near $3.39 and the 61.8% level near $3.34. Further support could be seen near $3.32 if the downtrend continues.

In the next 24 hours, a test of the $3.32–$3.34 range appears likely, with potential for a short-covering bounce if buyers step in. Investors should remain cautious, as further downside could accelerate if support levels fail.