Market Overview for Harvest Finance/Tether (FARMUSDT)

Summary
• Price rose sharply from $19.46 to $19.83 before consolidating near $19.68.
• A bullish engulfing pattern formed around 19:45–20:00 ET, followed by a bearish divergence in RSI.
• Volume surged during the breakout but waned in the final hours, suggesting caution ahead.

Harvest Finance/Tether (FARMUSDT) opened at $19.46 on 2026-01-13 12:00 ET, reached a high of $19.83, a low of $19.41, and closed at $19.68 by 2026-01-14 12:00 ET. Total volume was 13,825.67, with a notional turnover of $272,844.98.

Structure & Moving Averages

Price formed a key support level near $19.45–19.50 and tested resistance at $19.68–19.72. The 20-period and 50-period 5-minute moving averages crossed over multiple times, indicating choppy short-term momentum. On the daily chart, the 50-period MA provided a subtle floor for the range-bound action.

Momentum & Volatility

RSI showed overbought conditions briefly at 72 during the $19.83 high, but momentum stalled and turned bearish in the final hours. Bollinger Bands expanded during the sharp move from $19.51 to $19.83, then contracted during consolidation, suggesting a potential pause in volatility.

Volume & Fibonacci Levels

Volume spiked during the 19:45–20:00 ET breakout, reaching 275.969, but dropped to below 100 in the final 6 hours. A bullish engulfing pattern emerged near $19.64, suggesting potential follow-through, but Fibonacci retracements at 61.8% of that move ($19.75–19.78) failed to hold.

Price appears to be settling into a tight range, with key levels near $19.62 and $19.78 likely to test directional intent in the coming 24 hours. Investors should monitor volume behavior and RSI divergence for early signals of trend continuation or reversal.