Market Overview for FIO Protocol/Tether

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 2, 2026 3:23 pm ET1min read
FIO
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Aime RobotAime Summary

- FIO Protocol/Tether (FIOUSDT) formed a bullish engulfing pattern near 0.01210, indicating potential short-term support after a 24-hour range of 0.01201–0.01255.

- Bollinger Bands widened with price testing the lower band overnight, while RSI dipped below 30, signaling oversold conditions and possible near-term recovery.

- Volume spiked after 21:00 ET near the 61.8% Fibonacci level (0.01234), but failed to break key resistance at 0.01245, suggesting consolidation amid mixed momentum.

- Overnight volume declined sharply, and turnover diverged from price rallies, highlighting uncertainty as investors await a decisive breakout above 0.01245.

Summary
•

FIOUSDT
formed a bullish engulfing pattern near 0.01210, suggesting short-term support.
• Volatility expanded as Bollinger Bands widened, with price near the lower band during the overnight session.
• RSI dipped into oversold territory below 30, hinting at potential near-term recovery.
• Volume surged after 21:00 ET as FIO Protocol/Tether traded toward a 61.8% Fibonacci level.
• A key resistance at 0.01245 was tested twice but not decisively broken, indicating consolidation.

FIO Protocol/Tether (FIOUSDT) opened at 0.01218 on 2026-01-01 12:00 ET, reached a high of 0.01255, a low of 0.01201, and closed at 0.01210 on 2026-01-02 12:00 ET. Total volume for the 24-hour window was 11,896,079.0, and notional turnover was 143,814.95.

Structure and Candlestick Patterns


A bullish engulfing pattern formed near 0.01210, signaling potential short-term support. Later in the session, a large bearish candle near 0.01235 showed rejection at key resistance levels. A long upper shadow in the 20:45–21:00 ET candle suggested hesitation before a rally.

Volatility and Bollinger Bands


Bollinger Bands widened as volatility increased, with price reaching the lower band during the overnight session. Price action between 21:00 and 23:00 ET showed a retest of the lower band without breaking through, indicating possible stabilization at this level.

Momentum and Fibonacci Levels


RSI dipped into oversold territory below 30 following a sharp decline, suggesting potential for a rebound. Fibonacci retracement levels identified 0.01245 as a key resistance and 0.01220 as a probable support. A 61.8% retracement level at 0.01234 was tested twice but not broken, reinforcing consolidation.

Volume and Turnover


Volume spiked after 21:00 ET as price approached a 61.8% Fibonacci level, confirming renewed interest. However, turnover did not rise proportionally with the price rally, suggesting some divergence. Overnight volume declined sharply, indicating reduced participation during quieter hours.

FIO Protocol/Tether appears to be consolidating within a tight range, with momentum tools suggesting potential for a near-term bounce. However, failure to break above 0.01245 could lead to renewed bearish pressure. Investors should remain cautious, as low overnight volume and mixed momentum readings may signal uncertainty ahead.