Market Overview for Jupiter/Tether (JUPUSDT)

Summary
• Price formed a bullish engulfing pattern near 0.2100, suggesting potential reversal.
• Volume spiked during 18:00–20:00 ET, aligning with a pullback in price.
• RSI approached oversold territory (25) but failed to trigger strong rebound.
• Bollinger Bands tightened mid-session before expanding with a breakout attempt.
• Fibonacci 50% retracement at 0.2107 acted as dynamic support during the 20:00–23:00 ET window.

Jupiter/Tether (JUPUSDT) opened at 0.2118 on 2026-01-10 12:00 ET, hit a high of 0.2134, a low of 0.2074, and closed at 0.2130 on 2026-01-11 12:00 ET. The 24-hour volume was 1,241,538.5 with a notional turnover of $264,762.72.

Structure & Formations

Price action showed a key bullish engulfing pattern near 0.2100, where the candle opened at 0.2101 and closed at 0.2107, following a bearish session. This pattern suggests potential short-term support and a possible reversal. A doji formed around 0.2096 at 21:30 ET, signaling indecision. On the daily chart, the 0.2116–0.2134 range appears as a recent resistance cluster, with 0.2100 acting as a strong support level.

Moving Averages

On the 5-minute chart, the 20SMA and 50SMA crossed near 0.2115–0.2120, indicating a possible consolidation phase. The daily chart shows JUPUSDT closing above the 50DMA at 0.2103 and above the 200DMA at 0.2097, suggesting a bullish bias in the intermediate term.

MACD & RSI

The 12/26 MACD crossed to the negative side around 18:00–19:00 ET, aligning with the bearish move. However, it returned to positive territory as price rose above 0.2120. RSI dipped to 25 near 21:00 ET, reaching oversold territory but failed to spark a strong rebound. The lack of a rebound suggests bearish exhaustion may not yet be complete.

Bollinger Bands

Bollinger Bands tightened between 0.2095–0.2115 from 20:00–23:00 ET, signaling low volatility. This was followed by a breakout attempt above the upper band at 0.2133, which appears to be a false break as price closed near the middle band. Volatility is expected to pick up further with continued price testing above 0.2130.

Volume & Turnover

Volume spiked during the 18:00–20:00 ET bearish move, reaching a high of 728,942.2 with corresponding turnover of $153,414.94, but failed to confirm strong bearish momentum. The 23:00–00:00 ET session showed increased volume during a bullish rebound, suggesting growing buying interest. However, price action and volume do not fully align in this phase, pointing to mixed signals.

Fibonacci Retracements

On the 5-minute chart, the 50% Fibonacci retracement of the 0.2074–0.2134 swing at 0.2107 acted as dynamic support during the 20:00–23:00 ET window. Daily chart retracements suggest a key 61.8% level at 0.2121, which coincided with a minor resistance cluster. Price tested this level multiple times without a breakout, suggesting it could be a potential pivot point.

Forward Outlook

JUPUSDT appears to be consolidating above key support at 0.2100, with a potential breakout above 0.2133 likely to trigger further upside. A retest of 0.2100–0.2107 would be a key watch for support. Traders should remain cautious as divergences between price and volume suggest possible sideways consolidation or a reversal in the short term.