Market Overview for IQ/Tether (IQUSDT) on 2026-01-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 12:12 am ET1min read
IQ
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Aime RobotAime Summary

- IQUSDT price broke below $0.001715 support with surging volume, confirming bearish momentum.

- Technical indicators show RSI oversold, MACD bearish crossover, and Bollinger Bands widening amid declining prices.

- Fibonacci levels highlight $0.001680 as critical near-term support, with potential further decline below $0.001670 if broken.

Summary
• Price action shows bearish exhaustion near $0.00172, with a breakdown below key support at $0.001715.
• Volume spiked during the breakdown, confirming bearish momentum.
• RSI and MACD show weakening bullish momentum and bearish divergence.
• Volatility expanded through Bollinger Bands as price drifted lower.
• Fibonacci retracements suggest potential support at $0.001700 and resistance at $0.001725.

Market Overview

At 12:00 ET-1,

IQUSDT
opened at $0.001719 and reached a high of $0.001723 during the session. Price action trended lower throughout the 24-hour period, finding a low at $0.001681 before closing at $0.001683 as of 12:00 ET. Total volume reached 12.12 million
IQ
tokens, while notional turnover came to approximately $21,200.

Structure and Trend

The price of IQ/Tether showed a clear bearish bias over the last 24 hours, especially after breaking below the $0.001715 support level in the early evening hours.

The subsequent move down to $0.001681 confirmed a shift in sentiment, with multiple bearish engulfing patterns and a long lower shadow indicating rejection at higher levels. The price has found temporary support in the $0.001680–0.001685 range, suggesting that further downside could be limited if buyers re-enter.

Technical Indicators

The 5-minute MACD showed bearish crossover late in the session, and the RSI has remained in oversold territory for several hours, hinting at potential near-term stabilisation. The 20-period moving average on the 5-minute chart is currently below the 50-period line, reinforcing the short-term downtrend. On the daily chart, the 50-period MA is approaching the 100-period line, indicating a potential turning point in the broader trend.

Bollinger Bands widened significantly in the early part of the session, reflecting increased volatility. Price has since drifted closer to the lower band, suggesting potential for a mean retest.

Volume and Turnover Analysis

Volume spiked during the key breakdown moment, confirming the bearish move below $0.001715. Notional turnover followed the same pattern, showing a surge in trading activity during the 18:00–20:00 ET period. The correlation between volume and price action supports the validity of the breakdown. No significant divergences were observed between volume and price, suggesting that the current trend is still intact.

Fibonacci and Key Levels

Fibonacci retracement levels drawn from the recent swing high at $0.001723 and low at $0.001681 indicate potential support at the 38.2% level ($0.001706) and 61.8% at $0.001694. Price appears to have found a temporary base near $0.001685, just above the 61.8% level. A sustained break below that level could target the next support at $0.001670.

The next 24 hours could see a test of the $0.001680 level, and a failure to hold it could trigger a further decline. Traders should remain cautious of the bearish bias and watch for signs of rejection or a potential rebound from the oversold RSI.