Market Overview for FIO Protocol/Tether

Sunday, Jan 11, 2026 3:11 pm ET1min read
Aime RobotAime Summary

- FIOUSDT fluctuated near 0.0118 but failed to sustain above it after 18:00 ET, testing key support at 0.01167 multiple times.

- Bollinger Bands narrowed pre-breakout while RSI hit oversold levels, hinting at potential rebounds despite weak volume.

- Price remained below 20-period MA with bearish engulfing patterns, suggesting continued downward pressure below 0.01179.

- Divergence between volume and price in last 6 hours signals weakening conviction, raising risks of a breakdown below 0.01164.

- Traders monitor 0.01167 support for 24-hour test, with further declines likely if volume fails to confirm any recovery attempts.

Summary

consolidated around 0.0118 but failed to hold above after 18:00 ET.
• High volatility in the 5-minute chart shows strong bearish momentum from 21:00–02:00 ET.
• Bollinger Bands suggest tightening ahead of a potential breakout.
• Volume and turnover diverged in the last 6 hours, hinting at weakening conviction.
• Key support at 0.01167 tested multiple times, with potential for further decline.


FIO Protocol/Tether (FIOUSDT) opened at 0.01179 on 2026-01-10 12:00 ET, reached a high of 0.01186, a low of 0.01161, and closed at 0.01177 on 2026-01-11 12:00 ET. Total volume was 6,655,785. Total notional turnover was 75,548.36 USD.

The 5-minute chart reveals a bearish bias after 19:00 ET, as price broke below 0.0118 and consolidated below 0.01179. A potential bearish engulfing pattern emerged around 20:00–22:00 ET, signaling a shift in sentiment. The RSI moved into oversold territory after 00:00 ET, suggesting a potential rebound could be on the cards. However, volume was low during this rebound, indicating limited buying interest.

Bollinger Bands showed a tightening phase from 04:00–07:00 ET, which is typically a precursor to a breakout. Price remained below the 20-period MA for most of the day, suggesting continued bearish pressure. The 50-period MA on the 5-minute chart acted as a resistance until 09:00 ET, after which price broke lower.

A key support level was identified at 0.01167–0.01169, where the price found temporary refuge multiple times. This level could hold in the short term, but a breakdown below 0.01164 may open the door to further losses toward 0.0116.

Looking ahead, the next 24 hours could see a test of the 0.01167 support. If this level fails, traders may target 0.01164 and beyond. Investors should watch for divergence in volume and price, particularly if a rebound develops without a significant volume spike, as this could signal a false recovery.