Market Overview: DODO/Tether (DODOUSDT) on 2026-01-05

Monday, Jan 5, 2026 4:27 pm ET1min read
Aime RobotAime Summary

- DODOUSDT fell 1.5% to 0.0188 amid bearish engulfing patterns and failed breakouts above 0.0191-0.0192 resistance.

- Technical indicators showed weakening bullish momentum with RSI flattening and MACD remaining negative despite increased volume.

- Key Fibonacci levels aligned with 0.0188-0.0190 support, suggesting potential for a short-term rebound but risk of retesting 0.0185.

- Bearish divergence in volume and momentum indicators highlights ongoing pressure, with traders advised to monitor 0.0190-0.0191 resistance for directional clues.

Summary
• Price declined in early ET hours before consolidating near 0.0190–0.0191.
• A 0.0191–0.0192 resistance capped upward momentum, with bearish volume divergence.
• RSI and MACD showed weakening bullish momentum amid a 1.5% 24-hour decline.

DODO/Tether (DODOUSDT) opened at 0.0193 on 2026-01-04 12:00 ET, reached a high of 0.0194, and fell to a low of 0.0185 before closing at 0.0188 on 2026-01-05 12:00 ET. Total volume was 22,793,817.8, with $430,682.91 in notional turnover over the 24-hour period.

Structure & Formations


Price action showed bearish continuation with a key support level forming around 0.0188–0.0190. A 0.0191–0.0192 resistance level repeatedly rejected upward attempts, with a notable bearish engulfing pattern observed around 03:30–04:00 ET. A long lower shadow at 03:15 ET suggested a temporary bounce, but failed to sustain above 0.0190.

Moving Averages


On the 5-minute chart, the 20-period MA provided a dynamic resistance, with price testing this level multiple times without breaking through. The 50-period MA confirmed a downward drift, aligning with the bearish momentum. Daily MA levels (50/200) were not directly referenced in the data but appear to have supported the overall bearish trend.

MACD & RSI


MACD remained in negative territory throughout the period, reflecting sustained bearish momentum. RSI flattened in mid-40s and never entered overbought territory, signaling a lack of conviction in bullish moves. A bearish divergence appeared between price and RSI in early ET hours, suggesting weakening bullish control.

Bollinger Bands


Volatility expanded during the late-night to early-morning ET session, with price reaching the lower band around 0.0185–0.0186. This low volatility moment may indicate potential for a short-term rebound, though a retest of the lower band could signal further bearish extension.

Volume & Turnover


Volume surged during the late-night bearish push, particularly between 04:00–05:45 ET, with the largest 5-minute volume spike at 04:30 ET (999k contracts). Despite increasing volume, turnover failed to confirm a strong bearish breakout, showing some internal resistance.

Fibonacci Retracements


Key Fibonacci levels from the 0.0185 low to 0.0194 high aligned with observed support/resistance. The 0.0191–0.0192 level corresponds with the 61.8% retracement level, acting as a psychological barrier. A test of the 38.2% retracement at ~0.0189 confirmed a temporary equilibrium point.

With bearish momentum intact and key support levels showing resilience,

could test 0.0185 again in the next 24 hours. However, a rebound from current levels may find immediate resistance at 0.0190–0.0191, with traders advised to monitor for any divergence in volume and momentum indicators.