AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price broke out of a consolidation range on 5-minute charts, reaching a 24-hour high of $0.0741.
• Momentum remains strong with RSI near 60 and bullish divergence in volume.
• Volatility expanded significantly, with Bollinger Bands widening as buying pressure increased.
• A potential support level forms at the 50-period 5-minute moving average (~$0.0693).
MANTRA/Tether (OMUSDT) opened at $0.07 on 2025-12-31 at 12:00 ET and closed at $0.0703 by 12:00 ET the next day, reaching a high of $0.0741 and a low of $0.068. The 24-hour volume totaled 15,196,422.3 with a notional turnover of $1,030,148.5.
Price action on 5-minute OHLC data showed a clear bullish breakout from a defined consolidation pattern, with a strong rally beginning around 14:30 ET. A sequence of higher highs and higher lows formed after the price cleared $0.072, supported by rising volume and turnover. Key candlestick formations such as a bullish engulfing pattern at the breakout level and a strong green close at 16:00 ET signaled strong conviction in the move.
The 50-period 5-minute moving average (~$0.0693) currently acts as a dynamic support level, and the 20-period line (~$0.0705) suggests short-term resistance. On the daily timeframe, the 200-period MA sits at approximately $0.0685, indicating potential long-term support.
RSI remains in balanced territory (~60), but the upward momentum is intact, suggesting continuation. MACD turned positive with a strong histogram, supporting the bullish bias. Bollinger Bands expanded significantly, aligning with the breakout, with price currently near the upper band.

Volume increased throughout the day, with the most significant surge occurring between 14:30 and 16:15 ET, when the rally accelerated. Turnover and price moved in tandem, confirming the strength of the bullish move.
Fibonacci retracement levels for the recent 5-minute swing from $0.068 to $0.0741 show critical levels at 61.8% (~$0.0716) and 38.2% (~$0.0704), both of which were cleared, suggesting potential for further upside.
Looking ahead, a test of $0.0725 to $0.073 could follow, with a potential pullback to $0.0703–$0.0695 as a likely near-term scenario. Investors should monitor volume and order flow for signs of exhaustion or continuation, with a risk of consolidation if $0.0715 fails to hold.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.02 2026

Jan.02 2026

Jan.02 2026

Jan.02 2026

Jan.02 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet