Market Overview: Fusionist/Tether (ACEUSDT) 24-Hour Technical Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 8, 2026 9:13 am ET1min read
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Aime RobotAime Summary

- Fusionist/Tether (ACEUSDT) dropped 0.287 to 0.276 in 24 hours, forming bearish engulfing patterns and rejection at 0.285 resistance.

- RSI entered oversold territory (<30) and volume spiked during key selloffs, confirming bearish momentum despite potential short-term bounce.

- Bollinger Bands widened after consolidation, with price below 20-period MA and 50-period MA crossing below price on 5-minute chart.

- MACD showed bearish divergence while Fibonacci 61.8% retracement at 0.278-0.282 suggests possible near-term support for temporary rebound.

Summary
• Price declined from 0.287 to 0.276 over 24 hours, forming bearish engulfing and rejection patterns.
• RSI dipped into oversold territory, suggesting potential for short-term bounce.
• Volume surged during key selloffs, confirming bearish momentum.
• Bollinger Bands widened after consolidation, indicating rising volatility.
• 50-period MA on 5-min chart crossed below price, reinforcing short-term bearish bias.

Fusionist/Tether (ACEUSDT) opened at 0.284 on 2026-01-07 at 12:00 ET, reaching a high of 0.287 before closing at 0.276 on 2026-01-08 at 12:00 ET. Total volume was 6,922,342.1, with a notional turnover of 1,876,117.64.

Structure & Formations


Price tested resistance near 0.285 multiple times before breaking down to 0.274–0.276, forming bearish engulfing patterns and a long lower shadow doji near 0.276. A key support level appears to be forming between 0.273 and 0.276, with price bouncing off this zone on several occasions.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages are bearishly aligned, with the 50-period MA crossing below price during the late-night selloff. Daily averages (50, 100, and 200) remain above current price levels, suggesting longer-term bearish alignment with potential for further retracement.

MACD & RSI


MACD remained bearish throughout the 24-hour window, with bearish divergence evident during key selloffs. RSI dropped below 30 during the last 6 hours, indicating oversold conditions and hinting at a potential short-term bounce.

Bollinger Bands


Volatility expanded as price broke below the lower Bollinger Band during the 01:00–04:00 ET window, confirming bearish momentum. Price has since rebounded within the bands but remains below the 20-period moving average, indicating ongoing bearish pressure.

Volume & Turnover


Volume spiked during key breakdowns, particularly between 03:00 and 05:00 ET, when price fell from 0.282 to 0.274. Notional turnover rose sharply during this time, confirming the strength of the selloff.

Fibonacci Retracements


On the 5-minute chart, price recently hit the 61.8% retracement level from the 0.273 to 0.285 swing, suggesting potential for a short-term bounce. On the daily chart, the 38.2% retracement level may offer near-term support if the downtrend pauses.

A short-term bounce into the 0.278–0.282 range could occur as RSI oversold and price tests recent support. However, bears may regain control if volume remains strong below 0.276. Investors should watch for a clear break above 0.282 for bullish confirmation.