Market Overview: Dymension/Tether (DYMUSDT) on 2026-01-16

Generated by AI AgentAinvest Crypto Technical RadarReviewed byRodder Shi
Friday, Jan 16, 2026 10:59 pm ET1min read
DYM
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Aime RobotAime Summary

- DYMUSDT fell to 0.0658 on 2026-01-16, confirming a bearish breakdown below 0.0705 with high volume and turnover.

- RSI oversold conditions and Bollinger Band expansion signaled increased volatility, while a long lower wick at 0.0684-0.0686 suggested potential support.

- A 61.8% Fibonacci retracement aligned with current price, indicating consolidation, but buyers stabilized trading near 0.0684-0.0688.

- Future tests of 0.070-0.071 levels face resistance at 0.0705, with risks of false breakouts or renewed selling if 0.0684 support fails.

Summary
• Price dipped from 0.071 to 0.0686 midday before stabilizing.
• High volume and turnover confirmed bearish breakdown below 0.0705.
• RSI and MACD signaled oversold conditions, hinting at potential rebound.
• Bollinger Bands tightened pre-18:15 ET, then expanded during sell-off.

Dymension/Tether (DYMUSDT) opened at 0.071 on 2026-01-15 at 12:00 ET and fell to a low of 0.0658 before closing at 0.0688 at 12:00 ET on 2026-01-16. Total volume for the 24-hour window was approximately 5,291,316.7 and turnover was 364,848.45.

Structure & Formations


Price action formed a bearish breakdown below 0.0705, with a key support level established around 0.0684–0.0686.
A long lower wick in the 18:15 ET candle suggests rejection at that level, potentially forming a base. A 61.8% Fibonacci retracement from the high (0.0715) to low (0.0658) aligns with current price, indicating a possible consolidation phase.

Technical Indicators


MACD turned bearish after 18:15 ET, with the line crossing below the signal line, confirming the selloff. RSI fell into oversold territory (below 30) after the 19:15 ET candle, hinting at a potential bounce. Bollinger Bands showed a sharp expansion following a contraction, pointing to rising volatility.

Volume and Turnover


The largest volume spike occurred at 19:15 ET, with 2,376,109.9 contracts traded, coinciding with a sharp drop to 0.0668. Notional turnover also peaked there, confirming the breakdown. Volume then stabilized near the 0.0684–0.0688 range, suggesting buyers began to enter.

Forward-looking, Dymension/Tether may test the 0.070–0.071 level over the next 24 hours, but a rebound could face resistance at 0.0705. Investors should be cautious of a potential false breakout or renewed selling if key support at 0.0684 fails.