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Summary
• Price tested key resistance near 0.1734 but failed to sustain gains, forming bearish rejection patterns.
• Momentum reversed after midday ET as RSI signaled overbought conditions, with volume surging during pullback.
• Volatility increased with Bollinger Band expansion and wide price swings, suggesting heightened uncertainty.
• Fibonacci retracement levels at 0.1715 and 0.1732 acted as short-term support and resistance, respectively.
The Lista DAO/Tether (LISTAUSDT) pair opened at 0.1719 on 2026-01-01 at 12:00 ET, reached a high of 0.1734, and closed at 0.1702 on 2026-01-02 at 12:00 ET. The 24-hour volume was 1,187,322.9 and notional turnover amounted to 201,157.47.
Structure & Formations
Price action showed multiple bearish engulfing patterns and a failed breakout above 0.1734. A strong rejection at this level led to a sharp pullback toward 0.1701, with 0.1715 acting as a critical support zone. A morning doji near 0.1734 highlighted indecision, followed by a bearish continuation in the afternoon.
Moving Averages
Short-term 20-period and 50-period moving averages on the 5-minute chart showed a bearish crossover midday, reinforcing the reversal. Daily moving averages (50, 100, 200) remained relatively flat, suggesting no clear trend on the daily timeframe.
Momentum & Volatility
RSI spiked into overbought territory above 60, followed by a rapid retreat to neutral levels, confirming a reversal. MACD turned negative in the afternoon, aligning with the downward shift. Volatility increased significantly, with Bollinger Bands widening and price fluctuating across the band range.

Volume & Turnover
Volume spiked during the morning rally to 0.1734, but failed to confirm the move as turnover did not follow suit. A larger volume during the pullback suggests increased selling pressure. Price and turnover diverged slightly during the afternoon, indicating possible short-term uncertainty.
Fibonacci Retracements
Key Fibonacci levels from the 0.1701 to 0.1734 swing included 38.2% at 0.1720 and 61.8% at 0.1728. Price stalled at 61.8% before retreating, reinforcing its significance as resistance.
Traders may watch for a potential retest of 0.1715 as support in the next 24 hours, with a possible bounce or breakdown expected. A break below 0.1701 could trigger further downward momentum, but caution is advised due to the high volatility and mixed signals from volume.
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