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Summary
• Price surged from $0.3681 to $0.4005 before consolidating near $0.3959 at 12:00 ET.
• Key resistance at $0.4005 and support at $0.3893 defined 24-hour range.
• Volume spiked during the morning ET rally but declined in the afternoon.
• RSI reached overbought territory midday but retreated, suggesting momentum waning.
• Bollinger Bands expanded during the morning rally, highlighting increasing volatility.
Maple Finance/Tether (SYRUPUSDT) opened at $0.3681 on 2026-01-08 12:00 ET, surged to a high of $0.4005, touched a low of $0.3679, and closed at $0.3959 at 12:00 ET on 2026-01-09. Total volume reached 3.26 million, with turnover hitting $1.28 million over the 24-hour period.
Structure & Candlestick Patterns
Price action formed a bullish impulse pattern during the early morning hours as
Trend & Moving Averages
On the 5-minute chart, SYRUPUSDT closed above both 20 and 50-period SMAs, indicating short-term bullish momentum. However, the 50-period line started to flatten as afternoon volatility increased, suggesting potential consolidation.

Momentum & Volatility Indicators
MACD crossed above the signal line during the rally, confirming strength, but diverged as price pulled back in the afternoon. RSI peaked near 75 in the morning, then fell below 50 by late afternoon, pointing to a potential pullback. Bollinger Bands expanded during the morning rally and began to contract as volume cooled, signaling a possible pause.
Volume & Turnover Analysis
Volume surged during the morning rally, peaking at 294,391.5, but dropped sharply in the afternoon as price declined, indicating weakening conviction. Notional turnover mirrored this pattern, with the largest spike coinciding with the $0.4005 high. Divergence between rising price and declining volume after 10:00 ET suggests caution.
Fibonacci Retracements
SYRUPUSDT retested the 61.8% Fibonacci retracement level at $0.3905 after the morning rally. A failed bounce from that level led to a pullback to the 50% level at $0.3967, suggesting potential range trading between $0.3905 and $0.4005 in the next 24 hours.
Price may test key support at $0.3893 in the coming day as volatility stabilizes, but a break above $0.4005 could signal renewed buying interest. Investors should remain cautious of volume divergence and avoid overextended long positions until a clear breakout occurs.
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