Market Overview for Illuvium/Tether (ILVUSDT) on 2026-01-06

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Jan 6, 2026 1:22 am ET1min read
ILV
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Aime RobotAime Summary

- ILVUSDT broke above $6.18 in consolidation, forming bullish patterns with strong volume during the $6.28–$6.41 rally.

- RSI reached overbought levels near $6.36 while Bollinger Bands widened, signaling heightened volatility ahead of the 24-hour close.

- Key support at $6.25–$6.27 and resistance near $6.34–$6.36 (plus 61.8% Fib at ~$6.38) frame potential next moves.

- Momentum suggests a test of $6.38, but volume divergence and RSI exhaustion could trigger a pullback toward the 50-period MA.

Summary
β€’ Price formed bullish engulfing patterns above $6.18 after breaking out of a consolidation range.
β€’ RSI moved toward overbought territory near $6.36, suggesting potential short-term pullback risk.
β€’ Volume surged during the $6.28–$6.41 rally, confirming strength, but diverged during pullbacks.
β€’ Bollinger Bands widened during the final leg up, reflecting growing volatility into the 24-hour close.
β€’ Key support levels identified at $6.25–$6.27, with resistance near $6.34–$6.36 and a possible 61.8% Fib level at ~$6.38.

24-Hour Summary


At 12:00 ET–1 on 2026-01-05, Illuvium/Tether (ILVUSDT) opened at $6.14, peaked at $6.41, and closed at $6.34. Total volume reached 47,800.75 and turnover hit $300,538.94. Price advanced decisively through key resistance levels, supported by strong volume in the late-ET hours.

Structure & Formations


Bullish engulfing patterns were visible during the 18:30–19:30 ET rally, with the $6.18–$6.31 range marking a critical breakout from a tight consolidation phase. A doji formed at $6.33 during the 1:45 AM ET session, hinting at indecision after a sharp move. The 61.8% Fibonacci retracement level (~$6.38) now acts as a potential next target or reversal point.

Moving Averages and Momentum


The 20-period and 50-period moving averages on the 5-minute chart were aligned bullish, with price above both. On the daily chart, the 50-period MA appears to be a key dynamic support. RSI pushed into overbought territory near $6.36 and may trigger a pullback. MACD remained positive but showed slight divergence after 4:00 ET, suggesting momentum may ease.

Volatility and Turnover


Bollinger Bands expanded significantly during the final 6 hours, signaling rising volatility. Turnover surged alongside the price action during the $6.28–$6.41 leg but did not confirm the same level of strength during pullbacks. Volume during the last 3 hours of the 24-hour period was above average, supporting the bullish bias.

Forward-Looking View and Risk


Price appears to have momentum to test the $6.38 Fib level in the next 24 hours, but a reversal at that level could see a pullback toward the 50-period MA. Investors should monitor volume and RSI for signs of exhaustion or follow-through buying. Risk of a short-term correction into the $6.25–$6.28 support range is elevated if momentum slows.