Summary
•
surged past 5.500e-05 in early trading, forming a bullish breakout above key resistance.
• Volume spiked significantly during the 22:15–22:30 ET rally, confirming strength in the upward move.
• RSI reached overbought territory, while Bollinger Bands widened, signaling increased volatility and momentum.
FLOKI/Tether (FLOKIUSDT) opened at 5.235e-05 on 2026-01-13 at 12:00 ET, reached a high of 5.657e-05, a low of 5.319e-05, and closed at 5.517e-05 on 2026-01-14 at 12:00 ET. Total 24-hour volume was 2.674e+10, and turnover was 1.456e+06.
Structure & Formations
The price broke above a key resistance cluster near 5.500e-05, confirmed by a strong green candle on 22:15–22:30 ET. A bullish engulfing pattern formed during this period, suggesting a shift in sentiment. The price then consolidated slightly, forming a descending triangle on the daily chart, with 5.500e-05 acting as a psychological pivot level.
Moving Averages
On the 5-minute chart, FLOKIUSDT closed above both 20-EMA and 50-EMA, indicating short-term bullish bias. On the daily chart, the 50-EMA sits around 5.380e-05, while the 200-EMA is at 5.450e-05, suggesting a potential test of the 50-EMA as support in the near term.
MACD & RSI
MACD crossed above the signal line during the 22:15–22:30 ET period, confirming bullish momentum. RSI reached 68–70 by the close, indicating overbought conditions. A pullback to the 5.450e-05–5.470e-05 range may trigger a correction, but a close above 5.550e-05 could extend the rally.
Bollinger Bands
Volatility increased markedly during the breakout, with bands expanding to 5.530e-05–5.610e-05. The price closed near the upper band, suggesting it may face near-term pressure at 5.580e-05 before retracing. A retest of the lower band around 5.440e-05 could be expected if buyers consolidate.
Volume & Turnover
Volume surged to 1.167e+10 at 22:15–22:30 ET, with turnover spiking to 6.477e+05, aligning with the price breakout. This divergence was confirmed by a subsequent 5.5% rally. Volume has remained elevated throughout the session, showing broad participation and sustained interest.
Fibonacci Retracements
The 5.500e-05–5.550e-05 range coincides with the 38.2%–50% Fibonacci retracement level from a recent swing low. A move above 5.580e-05 would target the 61.8% level near 5.630e-05. A failure to hold above 5.450e-05 could trigger a retest of the 5.420e-05–5.430e-05 support zone.
The next 24 hours may see FLOKIUSDT consolidating between 5.480e-05 and 5.550e-05 as traders digest the breakout. A sustained move above 5.580e-05 could attract further buyers, but a reversal back below 5.480e-05 could trigger near-term profit-taking. As always, monitor volume and RSI for signs of exhaustion or renewed momentum.
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