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Summary
• Price action broke above a key 5-minute resistance level at 0.000526, with bullish momentum confirmed by higher volume.
• RSI shows overbought conditions, suggesting potential short-term consolidation or pullback.
• Volatility expanded significantly in the last 6 hours, with price nearing the upper Bollinger Band.
• A strong bullish engulfing pattern emerged near 0.000525, signaling potential for further upside.
• Notional turnover spiked to $90M+ in the last 3 hours, aligning with the price breakout.
At 12:00 ET on 2026-01-17, Holo/Tether (HOTUSDT) opened at 0.000516, hit a high of 0.000540, a low of 0.000513, and closed at 0.000532. Total volume was 225.6M, with $11,730.45 in turnover over 24 hours.

Recent 5-minute swings show that the current price of 0.000532 is near the 61.8% retracement level of the 0.000513–0.000540 move. If price holds above 0.000526, the next Fibonacci level to watch is 0.000547.
The market appears to be in a strong short-term bullish phase, with key levels in place to monitor for potential reversals or continuations. While the uptrend shows signs of strength, overbought conditions and high volatility could lead to a temporary correction. Investors should remain cautious about aggressive long positions and prepare for potential sideways consolidation or a pullback in the next 24 hours.
Descifrar los patrones del mercado y desarrollar estrategias de trading rentables en el ámbito de las criptomonedas.

Jan.17 2026

Jan.17 2026

Jan.17 2026

Jan.17 2026

Jan.17 2026
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