Market Overview for Hyperlane/Tether (HYPERUSDT)

Summary
• Price declined from 0.1415 to 0.1373 over 24 hours, showing bearish pressure.
• A key support level appears near 0.1350 with high volume consolidation.
• RSI indicates oversold conditions, suggesting potential near-term reversal.
• Bollinger Bands have contracted, signaling possible volatility expansion.

At 12:00 ET on 2026-01-13, Hyperlane/Tether (HYPERUSDT) opened at 0.1415 and closed at 0.1373, with a high of 0.1415 and a low of 0.1340. Total volume was 11,466,748.5 with a notional turnover of 1,574,432.20 USDT.

Structure & Formations

Price action revealed a strong bearish trend with a 5-minute doji forming at 0.1383, indicating indecision. A key support level near 0.1350 was tested multiple times, with volume clustering suggesting it could be a short-term floor. Resistance at 0.1412–0.1415 remains intact, with prior failed attempts to break above it.

Moving Averages

On the 5-minute chart, the price remains below the 20- and 50-period moving averages, reinforcing the short-term bearish bias. On the daily chart, a potential crossover of the 50-period above the 100-period could signal a longer-term reversal if it holds, though current momentum remains weak.

MACD & RSI

The MACD has remained in negative territory with bearish divergence, though a flattening histogram suggests a slowing in the downward momentum. RSI is in oversold territory (below 30) since the morning session, hinting at a possible rebound, though confirmation via a break above 0.1385 is needed.

Bollinger Bands

Volatility was relatively low in the early hours, with the bands contracting between 0.1390 and 0.1360. Price has since moved closer to the lower band, indicating a potential for increased volatility or a bounce. A break above the middle band could signal a short-covering rally.

Volume & Turnover

Trading volume spiked during the overnight hours, particularly around 02:30 ET, when a large candle confirmed a drop to 0.1387. Turnover aligned with this volume, reinforcing the bearish move. However, a divergence in volume during the morning hours suggests reduced conviction in the downward move, especially after 05:00 ET.

Fibonacci Retracements

Applying Fibonacci to the recent 5-minute swing from 0.1415 to 0.1340, key retracement levels at 0.1376 (38.2%) and 0.1396 (61.8%) are currently being tested. The 0.1373 close is near the 38.2% level, suggesting possible consolidation or a test of the 61.8% level if buyers step in.

The market appears to be testing key support with oversold RSI levels, which could encourage a near-term bounce. However, a break below 0.1350 would likely trigger renewed bearish momentum. Investors should closely monitor volume behavior around this level and watch for a bullish confirmation near 0.1375–0.1380.