Summary
• Price declined from 0.1221 to 0.11873, forming a bearish engulfing pattern near the high.
• RSI dipped into oversold territory, suggesting potential near-term buying interest.
• Volatility expanded during the decline, with volume surging during breakdowns.
Hedera/Tether (HBARUSDT) opened at 0.1221 on 2026-01-09 12:00 ET and closed at 0.11873 on 2026-01-10 12:00 ET, with a high of 0.12222 and a low of 0.11844. Total 24-hour volume was 61,982,255.0 and turnover reached approximately 7,232,115.09 USD.
Structure & Formations
The price action on the 5-minute chart formed a bearish engulfing pattern as it broke below a key consolidation level near 0.1215, confirming bearish momentum. A doji appeared near the low of the session, signaling potential exhaustion of the decline.
Moving Averages
On the 5-minute chart, the price closed below both the 20-period and 50-period SMAs, reinforcing the bearish bias. The 200-period daily SMA remains above the current price, indicating potential support could be found around 0.1205.
MACD & RSI
The RSI reached oversold levels near 28, suggesting a short-term rebound may be possible. The MACD histogram showed a contraction in momentum following the breakdown, but it turned negative with a bearish crossover, indicating continued selling pressure.
Bollinger Bands
Price spent much of the session near the lower Bollinger Band, indicating declining volatility. The 20-period band width showed a slight expansion during the key breakdown, suggesting increased market participation.
Volume & Turnover
Volume spiked significantly during the breakdown below 0.121, particularly between 18:30 and 19:30 ET. The increase in volume was accompanied by higher turnover, suggesting the move was backed by meaningful selling pressure.
Fibonacci Retracements
Key Fibonacci levels from the recent 5-minute swing (0.12222 to 0.11844) show the current price near the 61.8% retracement level at 0.1193. A break below 0.11865 could target the 78.6% retracement at 0.1178.
Looking ahead, the market may test the 0.1185–0.1186 level for further conviction. A rebound above 0.1205 could shift sentiment, but bearish momentum remains intact for now. Investors should watch for divergence in RSI and volume during potential bounces.
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