Market Overview for Hedera/Tether (HBARUSDT) on 2026-01-09

Generated by AI AgentAinvest Crypto Technical RadarReviewed byDavid Feng
Friday, Jan 9, 2026 7:35 pm ET1min read
Aime RobotAime Summary

- HBARUSDT broke below $0.12011 support, forming a bearish engulfing pattern near $0.1221, confirming downward momentum.

- Surging volume during the breakdown and bearish MACD/RSI signals reinforced short-term downside risk despite oversold RSI conditions.

- Price tested $0.1185–$0.1188 as next target, with a close below $0.1185 potentially triggering a more aggressive bearish phase.

Summary
• Price action drifted lower amid expanding bearish momentum and a key breakdown below a prior support level.
• Volatility remained elevated as

traded within a wide range, suggesting heightened market uncertainty.
• A bearish engulfing pattern formed near resistance, indicating potential for further downside in the near term.
• Volume surged during the breakdown, confirming the bearish shift and reinforcing short-term risk.

Hedera/Tether (HBARUSDT) opened at $0.12022 on 2026-01-08 at 17:00 ET and closed at $0.11925 by 12:00 ET on 2026-01-09, with a high of $0.12355 and a low of $0.11812. Total volume over the 24-hour period was 45,415,375.0 HBAR, with a notional turnover of $5,444,122.35.

Structure & Formations


HBARUSDT broke below a key support level near $0.12011, confirming bearish sentiment. A bearish engulfing pattern developed near $0.1221, suggesting further downward pressure. A doji near $0.12054 hinted at indecision, but the price continued to trend lower.

Moving Averages


On the 5-minute chart, the 20SMA and 50SMA remained in a bearish alignment, with price consistently below both. On the daily chart, the 50DMA crossed below the 200DMA, reinforcing a medium-term bearish bias.

MACD & RSI


The MACD turned negative and remained in bear territory, with a bearish crossover signaling weak momentum. RSI hovered in oversold territory for much of the session, indicating exhaustion on the buy side but not a strong reversal signal.

Bollinger Bands


Volatility expanded through the session, with price often testing the lower band, suggesting bearish dominance. The widening bands reflected increased uncertainty and potential for further downside.

Volume & Turnover


Volume spiked significantly during the breakdown below $0.12011, confirming the bearish move. Turnover also rose in tandem, showing conviction in the downward trend. No notable divergence was observed between volume and price action.

Fibonacci Retracements


On the 5-minute chart, the 61.8% retracement level of a recent bullish swing sat near $0.1214, which was breached early in the session, reinforcing bearish momentum. The 38.2% level at $0.1206 also failed to hold.

Looking ahead, the breakdown below key support suggests further testing of the next level around $0.1185–$0.1188. Investors should watch for a potential oversold rebound or continued bearish momentum into the next session. Risk remains to the downside for the next 24 hours, with a close below $0.1185 signaling a more aggressive bearish phase.