AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price formed bullish engulfing and bearish harami patterns during key turning points.
• Momentum suggests overbought conditions in late hours, with RSI peaking near 70.
• Volatility expanded in early trading before contracting in the final 5 hours of the session.
• Turnover surged 3x on higher highs, indicating strong conviction in recent rallies.
Holo/Tether (HOTUSDT) opened at $0.000489 on 2026-01-01 12:00 ET, surged to a high of $0.000516, fell to a low of $0.000489, and closed at $0.000506 by 12:00 ET on 2026-01-02. The pair traded 186,277,406.0 volume with a notional turnover of $94,116.97 over 24 hours.
Structure & Formations
HOTUSDT encountered strong resistance at $0.000508 and support near $0.000501 during the 24-hour session. A bullish engulfing pattern formed around 20:30–21:00 ET, signaling potential upward momentum, while a bearish harami appeared at 04:30–05:00 ET, indicating potential reversal. A key 5-minute doji at $0.000502 around 02:30 ET suggests indecision.

Moving Averages
Momentum & Oscillators
The 12:00–15:00 ET period saw RSI climb above 70, suggesting overbought conditions, especially between 16:45 and 17:00 ET when the asset hit a high of $0.000516. MACD showed a positive crossover in the late morning and remained bullish until 04:00 ET, when it began to flatten.
Volatility & Bollinger Bands
Volatility expanded early in the session, with a 5-minute Bollinger Band width of ~0.000008, but contracted sharply after 06:00 ET. Price stayed above the 20-period MA and within the upper Bollinger Band for much of the 24-hour period, indicating elevated bullish pressure and narrow consolidation in the final hours.
Fibonacci Retracements
Applying Fibonacci to the $0.000489–$0.000516 swing, price found support at the 38.2% retracement ($0.000501) and resistance at 61.8% ($0.000508). These levels corresponded well with observed price behavior, particularly during the afternoon and early evening hours.
Volume & Turnover
Volume spiked to 61 million at 20:30 ET, aligning with a key rally to $0.000505, and again to 48.9 million at 17:00 ET during the final push to the high. Turnover expanded concurrently, with the most recent $0.000516 high being supported by a sharp increase in notional value, suggesting strong accumulation from larger participants.
The price may attempt a retest of $0.000508 over the next 24 hours, but could face profit-taking pressure if the $0.000516 level does not hold. Investors should monitor the 50-period MA for signs of support breakdown and the RSI for divergences that might signal exhaustion.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.02 2026

Jan.02 2026

Jan.02 2026

Jan.02 2026

Jan.02 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet