Market Overview: Filecoin/Tether (FILUSDT) - 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 7:08 pm ET1min read
FIL
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Aime RobotAime Summary

- FILUSDT dropped from 1.62 to 1.566, forming bearish engulfing and hanging man patterns with increased turnover.

- Price closed below 20/50 SMA on 5-min chart, with RSI near oversold levels and MACD below zero confirming weak momentum.

- Bollinger Bands showed price near lower band while volume surged during breakdown below 1.58 support level.

- Key support at 1.53-1.55 aligns with 61.8% Fibonacci retracement, but bearish trend likely to continue without a breakout above 1.62.

Summary
• Price declined from 1.62 to 1.566, forming bearish engulfing and hanging man patterns.
• RSI and MACD signaled weakening momentum, with RSI nearing oversold levels.
• Volatility expanded, with price breaking below 20/50 SMA on 5-min chart.
• Bollinger Bands showed price near the lower band, confirming bearish pressure.
• Turnover increased during the selloff, aligning with price action.

Filecoin/Tether (FILUSDT) opened at 1.62 on 2026-01-14 12:00 ET, peaked at 1.685, dipped to 1.53, and closed at 1.566 on 2026-01-15 12:00 ET. Total volume reached 12.55M FIL, with turnover of 20.49M USDT over 24 hours.

Price Structure and Candlestick Patterns


Price action exhibited a strong bearish bias after 21:00 ET on the 14th, with several bearish engulfing and hanging man patterns forming near key resistance levels. A notable bearish breakdown occurred after 03:00 ET on the 15th, pushing price below the 1.58 support. A doji at 05:00 ET suggested temporary indecision, but the bearish trend continued as volume increased.

Trend and Moving Averages


On the 5-minute chart, price closed below both 20 and 50 SMA lines, confirming a bearish tilt in short-term sentiment. On the daily timeframe, the 50/100/200 SMA lines were aligned in a downtrend configuration, supporting continuation of the bearish move unless a strong reversal occurs above 1.62.

Momentum Indicators and Volatility



Relative Strength Index (RSI) moved into oversold territory below 30 during the selloff, suggesting potential for a near-term bounce. However, the momentum signal was weak, as evidenced by the MACD histogram shrinking and the line staying below zero. Volatility, as measured by Bollinger Bands, expanded after the breakdown at 1.58, and price remained near the lower band, reinforcing the bearish bias.

Volume and Turnover



Trading volume and turnover spiked sharply during the breakdown between 03:00 and 05:00 ET on the 15th, indicating conviction in the bearish move. The alignment of volume and price action confirmed the bearish trend, with no signs of divergence.

Key Levels and Fibonacci


Immediate support appears to be near 1.53–1.55, with 61.8% Fibonacci retracement of the recent 1.62–1.53 move aligning with 1.56. Resistance is likely to appear at 1.62 and 1.64 levels, with 1.685 as a key psychological resistance from the morning high.

Over the next 24 hours, a retest of 1.53–1.55 may bring short-covering, but unless a breakout above 1.62 occurs with volume, the bearish trend may continue. Traders should remain cautious of further downside volatility.