Market Overview for Filecoin/Tether (FILUSDT) on 2026-01-12

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Jan 12, 2026 7:33 pm ET1min read
FIL
--
Aime RobotAime Summary

- FIL/USDT fell to 1.465 amid bearish engulfing patterns and declining volume, confirming short-term reversal.

- RSI oversold below 30 and widening Bollinger Bands highlight volatility, with price near 1.465 lower band.

- 462k FIL traded at 1.491 during breakdown, doubling average volume, while Fibonacci levels at 1.481-1.483 suggest near-term pivots.

- Divergent MACD and 20/50 MA crossovers reinforce downtrend, but oversold RSI hints at potential 1.480-1.485 consolidation.

Summary
• Price declined from 1.515 to 1.465 amid bearish momentum and diverging volume.
• A strong bearish engulfing pattern formed near 1.510, confirming a key short-term reversal.
• RSI remains oversold below 30, hinting at potential near-term stabilisation.
• Volatility expanded with wide 5-minute ranges, suggesting increasing uncertainty.
• Bollinger Bands show contraction early in the session, followed by explosive breakouts to the downside.

Filecoin/Tether (FILUSDT) opened at 1.497 and traded between 1.465 and 1.515 before closing at 1.465 at 12:00 ET on 2026-01-12. Total volume reached 4.08 million FIL with a notional turnover of $5.96 million over 24 hours.

Structure & Formations


Price action on the 5-minute chart revealed a bearish engulfing pattern near 1.510, a clear reversal signal after a brief upswing. Key support levels were tested at 1.470 and 1.465, where price found temporary relief. A potential short-term resistance may now sit at 1.500, where previous rejections occurred.

Moving Averages


The 20 and 50-period moving averages on the 5-minute chart crossed bearishly, reinforcing the downward trend. On the daily chart, price continues below the 200-period MA, indicating a medium-term bearish bias.

MACD & RSI


The RSI dipped below 30 into oversold territory during the session, suggesting possible near-term buying interest. The MACD remained in negative territory with bearish divergence, confirming the ongoing downtrend despite the RSI's stabilisation.

Bollinger Bands


Volatility increased sharply in the latter half of the session, with Bollinger Bands widening after a brief consolidation phase. Price closed near the lower band, indicating potential for a bounce or further consolidation at lower levels.

Volume & Turnover


Volume spiked during the bearish breakdown below 1.495, with a 5-minute candle at 1.491 showing 462,643.95 FIL traded—nearly double the average volume. Turnover and price action aligned during this breakdown, offering confirmation of the bearish move.

Fibonacci Retracements


The recent 5-minute swing from 1.515 to 1.465 saw price stabilising near the 61.8% retracement level at 1.483. A daily swing from 1.515 (high) to 1.465 (low) also shows 38.2% and 61.8% levels at 1.495 and 1.481, respectively. These levels may act as short-term pivots.

Filecoin/Tether may test the 1.480–1.485 range in the next 24 hours if bullish momentum builds from current oversold conditions. Investors should remain cautious of further downside risks, particularly if volume fails to confirm any bounce from current levels.