Market Overview for Filecoin/Tether (FILUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 6:38 pm ET1min read
FIL
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Aime RobotAime Summary

- FIL/USDT fell to $1.509 amid bearish momentum, breaking key support at $1.52–$1.53 with a bearish engulfing pattern.

- Oversold RSI (below 30) and low volatility suggest short-term bounce potential near $1.52–$1.53 despite negative momentum.

- Surging volume at $1.509 failed to confirm reversal, reinforcing bearish bias as MACD and Bollinger Bands support downtrend.

- Key levels identified: support at $1.52/$1.51 and resistance at $1.54/$1.56, with sustained breaks expected to drive next 24-hour direction.

Summary
• Price dropped from $1.574 to $1.509 amid strong bearish momentum and high-volume bear traps.
• Oversold RSI and low volatility suggest a possible short-term bounce near $1.52–$1.53.
• Key support at $1.52 and resistance at $1.54 identified, with a bearish engulfing pattern confirming the downtrend.
• Volume surged during the $1.509 low but failed to confirm a reversal, raising bearish expectations.

Filecoin/Tether (FILUSDT) opened at $1.567 on January 17 at 12:00 ET, reached a high of $1.577, and closed at $1.535 by 12:00 ET January 18. The pair traded between $1.507 and $1.577, with a total volume of 6,090,973.31 and turnover of $932,712.82 over the 24-hour window.

Structure & Formations


Price action revealed strong bearish control as the pair tested and broke key support levels around $1.52–$1.53, forming a bearish engulfing pattern during the $1.527–$1.509 move. A doji appeared near $1.528, signaling indecision, but was followed by a sharp decline. Resistance remains at $1.54 and $1.56, with support likely to hold near $1.52 and $1.51.

Moving Averages and Momentum


Short-term averages (20/50-period) on the 5-minute chart show bearish divergence, with price falling below all key moving averages. The RSI reached oversold territory below 30 during the $1.509 low, suggesting a potential bounce, though momentum remains negative. The MACD line stayed below the signal line, reinforcing bearish bias.

Volatility and Bollinger Bands


Volatility expanded sharply during the early morning hours, with price dropping inside the lower Bollinger Band and testing the band floor. A contraction in band width followed as price consolidated near $1.52–$1.54, indicating a possible breakout or continuation of the downtrend.

Volume and Turnover


Volume spiked during the $1.509 low, but the failure to follow through with a strong reversal raised concerns of a bear trap. Turnover diverged from price during late hours, with high turnover during the $1.54–$1.56 retracement failing to confirm bullish conviction.

While oversold indicators and a potential bounce near $1.52–$1.53 may offer short-term relief, the broader trend remains bearish. Investors should watch for a sustained break below $1.52 or a rejection at $1.54 as key signals for the next 24 hours.