Market Overview for FUNToken/Tether (FUNUSDT) on 2026-01-15

Summary
• Price fell from $0.001955 to $0.001914 over a sharp 5-hour decline before stabilizing near $0.00192.
• A bearish breakdown occurred around $0.00193, confirmed by low-volume consolidation after the sell-off.
• RSI hit oversold territory below 30, while Bollinger Bands narrowed, signaling potential volatility.
• Volume surged during the decline but dropped sharply post $0.001914, suggesting short-term selling exhaustion.
• Fibonacci levels suggest support around $0.001914 and resistance near $0.001935 for near-term price action.

FUNToken/Tether (FUNUSDT) opened at $0.001954 and traded as high as $0.001975 before closing at $0.001959 at 12:00 ET. The price ranged between $0.001914 and $0.001975 over the past 24 hours. Total volume reached 26.42 million FUN, with $53,764 in notional turnover.

Structure & Key Levels

Price formed a bearish breakdown below $0.00193 around 18:45 ET, followed by a consolidation phase between $0.001914 and $0.00192. The $0.001914 level has held as support, with a potential counter-trend bounce observed after hitting that floor. A large bearish engulfing candle confirmed the breakdown, while a series of smaller bullish bodies in the final hours suggests some short-covering and cautious buying.

Moving Averages and Momentum

Short-term moving averages (20/50) dipped below price during the selloff, reinforcing bearish momentum. MACD showed a bearish crossover followed by a flattening trend, indicating weakening downward pressure. RSI hit an oversold level near 29 before a slight rebound, suggesting a potential short-term bottoming process.

Volatility and Bollinger Bands

Volatility expanded during the selloff, with price breaking below the lower Bollinger Band. However, it has since consolidated in the lower half of the bands, suggesting a potential period of reduced volatility ahead. The narrowing of the bands post 12:00 ET may signal a possible breakout or retest of key levels.

Volume and Turnover Analysis

Volume spiked during the decline below $0.00193, with the largest 5-minute volume spike occurring at 13:00 ET. However, volume dropped sharply after $0.001914, indicating a lack of follow-through bearish pressure. Notional turnover also declined after this point, suggesting exhaustion among sellers. A divergence between price and volume could signal a potential short-term reversal.

FUNToken/Tether may test $0.001935–$0.00194 as resistance in the next 24 hours, with a potential pullback into the consolidation range. Traders should remain cautious for a possible bounce or renewed bearish momentum depending on volume behavior.