Market Overview for FTX Token/Tether

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Sunday, Jan 18, 2026 2:25 pm ET1min read
FTT
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Aime RobotAime Summary

- FTTUSDT formed a bearish engulfing pattern at 0.5400, triggering a sharp decline to 0.5170 amid increased volume.

- Price remained below 20/50-period moving averages, with RSI hitting oversold levels and MACD showing negative divergence.

- Bollinger Bands expanded during 05:00–08:00 ET, confirming heightened volatility as support at 0.5250 broke to 0.5155.

- Consolidation near 0.5170–0.5185 suggests continued bearish bias, with further downside risk below 0.5155.

Summary
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FTTUSDT
formed a bearish engulfing pattern at 0.5400, followed by a sharp decline to 0.5170.
• Price remained below 50-period and 20-period moving averages, indicating bearish bias.
• Volume spiked at 0.5190–0.5170, with turnover confirming the downward momentum.
• RSI moved into oversold territory, while MACD showed negative divergence.
• Bollinger Bands expanded during the 05:00–08:00 ET range, signaling heightened volatility.

24-Hour Price and Volume Summary


At 12:00 ET on January 18, 2026, FTX Token/Tether (FTTUSDT) opened at 0.5312, reaching a high of 0.5400 and a low of 0.5155 before closing at 0.5182. Total 24-hour volume was 287,168.31, with notional turnover of $147,022.80.

Price Structure and Support/Resistance


The price broke below key support at 0.5250 after a large bearish candle on 00:30 ET, reaching a low of 0.5155. A potential short-term support level has formed near 0.5170–0.5180, where the price consolidated for several hours. A bearish engulfing pattern at 0.5400 confirmed bearish sentiment, with further downside possible toward 0.5100–0.5120.

Trend and Moving Averages


Price has remained below both the 20-period and 50-period moving averages for the 5-minute chart, reinforcing a bearish trend. On the daily chart, the 50- and 200-period SMAs suggest a longer-term bearish outlook, with potential for a continuation pattern forming below 0.5250.

Momentum and Oscillators


Relative Strength Index (RSI) reached oversold levels near 30 during the 05:00–07:00 ET period, suggesting a potential bounce or consolidation. However, MACD showed negative divergence with price, indicating continued downward pressure may persist.

Volatility and Volume Analysis


Bollinger Bands expanded during the 05:00–08:00 ET period, reflecting a surge in volatility. A large bearish candle at 00:30 ET confirmed the breakdown at 0.5250, with volume increasing to over 25,000. Notional turnover also surged during this move, indicating significant bearish conviction.

Fibonacci and Retracement Levels

Fibonacci levels for the 0.5400–0.5155 swing suggest key levels at 0.5200 (38.2%) and 0.5180 (61.8%), both of which appear to have acted as barriers to recovery. A bounce near these levels may be limited without a reversal in momentum.

The market appears to be in a consolidation phase near 0.5170–0.5185, with a bearish bias likely to continue unless a bullish reversal forms above 0.5200. Investors should remain cautious, as a break below 0.5155 could signal further downside risk.