Market Overview for Metis/Tether (METISUSDT) on 2026-01-03

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 3, 2026 7:33 am ET1min read
METIS
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Aime RobotAime Summary

- Metis/Tether (METISUSDT) surged 12.5% above 5.27, testing key resistance at 5.48 amid strong bullish momentum.

- RSI hit overbought 76, while a 5-minute bearish engulfing pattern at 5.48 signaled potential short-term profit-taking.

- Volatility spiked past upper Bollinger Bands after 03:30 ET, confirmed by surging volume and $241k turnover during the rally.

- Fibonacci levels suggest possible retests of 5.34/5.29, with 5.27-5.29 likely support if RSI remains overbought.

Summary
• Price action formed a bullish breakout above 5.27, with a 12.5% daily gain and key resistance at 5.48 tested.
• RSI showed overbought conditions near 75, suggesting a possible pullback or consolidation phase.
• Volume and turnover spiked during the late-night rally, confirming the strength of the upward move.
• A 5-minute bearish engulfing pattern emerged after 5.48, hinting at short-term profit-taking.
• Volatility expanded significantly after 03:30 ET, as price moved beyond upper Bollinger Bands.

At 12:00 ET on 2026-01-03, Metis/Tether (METISUSDT) opened at $5.17, traded between $5.15 and $5.48, and closed at $5.2. Total volume reached 46,563.142, with a notional turnover of $241,987.80 over the 24-hour period.

Structure & Formations


Price broke out from a consolidative range between 5.17 and 5.27, pushing higher with a strong bullish bias. A 5-minute bearish engulfing pattern emerged at the session high of 5.48, suggesting potential short-term profit-taking. Key support levels were identified at 5.27 and 5.2, while 5.48 served as a major resistance.

Moving Averages and MACD


On the 5-minute chart, the 20 and 50-period moving averages were trending upwards, with the 50 crossing above the 20 to confirm the bullish momentum. The MACD histogram showed a sharp expansion during the late-night rally, indicating strong accumulation.

Relative Strength Index (RSI)


The 14-period RSI climbed to 76, signaling overbought conditions and suggesting the market may be due for a pullback or consolidation.

Bollinger Bands and Volatility


Volatility expanded significantly after 03:30 ET, pushing price above the upper Bollinger Band. This expansion confirmed the strength of the move but also hinted at an overextended price level.

Volume and Turnover


Volume surged during the late-night rally, particularly between 03:30 and 05:00 ET, confirming the strength of the upward move. Turnover mirrored the volume increase, with the largest single 5-minute turnover occurring at 05:30 ET during a sharp decline from 5.32 to 5.30.

Fibonacci Retracements


Fibonacci levels applied to the recent swing high (5.48) and low (5.15) showed 61.8% at 5.29 and 38.2% at 5.34. Price appears to have bounced from the 5.27 level, suggesting a possible retest of the 5.34 level before the next move.

Looking ahead, a pullback to test the 5.27–5.29 range may occur if RSI remains overbought and the bearish engulfing pattern at 5.48 gains traction. Investors should remain cautious of potential short-term corrections but note the overall bullish bias.