Market Overview for Highstreet/Tether (HIGHUSDT): 2026-01-03

Summary
• Price action suggests short-term bearish bias with a key support forming near 0.223.
• Volatility spiked during the 18:45–19:00 ET window, coinciding with a large volume dump.
• RSI remained in neutral territory, suggesting no immediate overbought or oversold conditions.
• A bullish engulfing pattern emerged at the 02:45–03:00 ET window, hinting at potential short-term reversal.

At 12:00 ET on 2026-01-03, Highstreet/Tether (HIGHUSDT) opened at 0.224, reached a high of 0.231, and closed at 0.224 after a 24-hour trading session that saw a low of 0.221. Total traded volume amounted to 736,163.481 with a turnover of 165,626.7215.

Price action displayed a choppy 24-hour pattern, with a brief rally pushing price to a high of 0.231 before retracing lower. Key support levels were tested around 0.223–0.224 and held multiple times, suggesting a strong defensive zone. A breakout above 0.228 may indicate renewed bullish momentum.

Resistance levels appear at 0.228–0.229 and 0.231–0.232, where price stalled during the early morning and late evening hours. The Bollinger Band width expanded during the early trading window, reflecting increased volatility before narrowing again in the afternoon.

MACD showed diverging signs, with a bearish crossover occurring around 18:30 ET followed by a bullish signal near 02:45 ET. RSI remained in a relatively neutral range between 45 and 55 for much of the session, indicating no extreme momentum.

Volume and turnover were most pronounced between 18:45 and 19:00 ET, with a sharp drop in price and a volume spike suggesting a potential bearish dump. A bullish engulfing pattern formed at 02:45–03:00 ET as price reversed higher from a low of 0.227 to close at 0.229, indicating short-term buying interest.

Fibonacci retracements based on the 0.221–0.231 swing suggest key levels at 0.225 (38.2%) and 0.227 (61.8%). Price tested both levels with mixed results, indicating potential for a continuation if it remains above 0.224.

Over the next 24 hours, a test of the 0.228–0.229 resistance range may occur, potentially leading to a break or consolidation. Investors should remain cautious of a pullback to 0.223–0.224 if bearish momentum continues.