Market Overview for dogwifhat/Tether (WIFUSDT)

Summary
• Price action showed a bearish breakdown from 0.384 to 0.368, with strong rejection above 0.382.
• RSI signaled oversold conditions near 0.368, suggesting possible short-term bounce.
• Bollinger Bands reflected moderate volatility with price near the lower band for much of the session.
• Volume spiked during the breakdown below 0.382, confirming bearish momentum.
• A potential bullish reversal pattern emerged near 0.372–0.374 after a 12-hour consolidation.

The dogwifhat/Tether pair (WIFUSDT) opened at 0.383 on 2026-01-11 at 12:00 ET, peaked at 0.394, and closed at 0.373 on 2026-01-12 at 12:00 ET. The 24-hour volume reached 22,113,780.9 and turnover totaled 8,162,173.8 USD, reflecting elevated trading activity and bearish sentiment.

Structure & Key Levels

Price action revealed a critical breakdown below the 0.382 support level, confirming a bearish trend continuation. A key support zone formed between 0.374 and 0.368, where buying interest emerged after a sharp selloff. A 61.8% Fibonacci retracement level at 0.372–0.373 may offer temporary support ahead of a potential rebound.

Trend and Momentum

Short-term momentum turned negative, as seen in the MACD crossing below zero and declining RSI into the 30s, signaling oversold conditions. A bearish engulfing pattern was confirmed near 0.382, reinforcing the breakdown. A potential bullish reversal pattern formed after a 12-hour consolidation, suggesting a pause in the decline.

Volatility and Volume

Bollinger Bands reflected moderate volatility, with price hovering near the lower band for much of the session. A sharp volume spike occurred during the breakdown below 0.382, supporting the bearish move. However, turnover and volume diverged during the 0.372–0.373 consolidation, indicating possible uncertainty among traders.

In the coming 24 hours, a test of the 0.372–0.374 consolidation range is likely. A break above 0.376 may trigger a temporary bounce, but a sustained close below 0.370 would heighten bearish bias. Investors should watch for divergences in volume and RSI as potential early signals of trend fatigue.