Market Overview: FUNToken/Tether (FUNUSDT) – 24-Hour Technical Summary

Summary
• Price consolidated between $0.001931 and $0.001969, forming multiple tight ranges and minor breakouts.
• RSI remained neutral, but volume surged during a late-night rebound attempt.
• A bullish engulfing pattern formed around 04:15–04:30 ET, hinting at potential reversal.
• Bollinger Bands constricted during midday, signaling a potential breakout ahead.
• Daily volume hit 18.4M FUN, but turnover showed divergence during a key rally.

FUNToken/Tether (FUNUSDT) opened at $0.001935 on 2026-01-13 at 12:00 ET, surged to a high of $0.001969, declined to a low of $0.001916, and closed at $0.001946 at 12:00 ET on 2026-01-14. Total 24-hour volume reached 184.24M FUN, with a notional turnover of $36.496M.

Structure & Formations

Price action displayed a rangebound pattern, with strong support at $0.001926 and resistance at $0.001963. A key bullish engulfing candle formed around 04:15–04:30 ET, suggesting buyers regained control temporarily. A doji at 06:15 ET highlighted indecision, while a strong bearish reversal occurred at 03:15 ET, confirming bearish pressure.

Moving Averages

On the 5-minute chart, price traded below the 20 and 50 SMA, indicating a bearish bias. The daily chart shows no clear trend, with price oscillating around key moving averages, suggesting a potential shift in momentum.

MACD & RSI

The MACD line remained negative for much of the period, with occasional positive crossovers indicating short-term bullish momentum. RSI stayed within a neutral range between 40 and 55, with no clear overbought or oversold signals, suggesting a sideways consolidation phase.

Bollinger Bands

Volatility contracted around 00:30–01:00 ET, followed by a breakout attempt toward $0.001963. Price later tested the lower band near $0.001926, indicating a potential base forming within the $0.001926–$0.001963 range.

Volume & Turnover

Volume spiked during the late-night rebound, with a 24-hour peak at 22:15 ET (18.4M FUN), but turnover did not follow suit, indicating price-volume divergence. A second divergence occurred at 03:15 ET, where volume surged alongside a sharp decline.

Fibonacci Retracements

Key Fibonacci levels at 38.2% ($0.001945) and 61.8% ($0.001959) appeared to act as resistance during the early morning. On the daily chart, the 38.2% retracement at $0.001943 could serve as a critical near-term support.

FUNToken/Tether may continue to consolidate within the $0.001926–$0.001963 range, with a potential test of the 61.8% retracement level ahead. However, divergences in volume and turnover suggest caution is warranted in the near term.