Market Overview for MOBOX/Tether (MBOXUSDT) on 2026-01-18

Summary
• Price action shows a bearish bias with a 12-hour breakdown below 0.0340.
• Momentum slows near key support at 0.0333, with RSI hinting at oversold territory.
• Volatility spikes in early trading, followed by consolidation between 0.0330 and 0.0346.
• Volume surges in the early hours, followed by a divergence as prices dip toward 0.0330.

MOBOX/Tether (MBOXUSDT) opened at 0.0343 on 2026-01-17 at 12:00 ET, reached a high of 0.0346, a low of 0.0329, and closed at 0.0337 on 2026-01-18 at 12:00 ET. Total 24-hour volume was 17.1 million, and notional turnover was approximately 570,472.

Structure & Formations

The 24-hour chart shows a clear bearish bias, with the price breaking below the 0.0340 psychological level around 20:30 ET and failing to reclaim it. A key support level appears at 0.0333–0.0335, which has been tested multiple times without a strong rejection. A small-bodied candle at 0.0333 on the morning of 2026-01-18 suggests a potential consolidation phase.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages have been in a bearish crossover since mid-evening. On the daily chart, the 50- and 100-period averages are aligned with the 0.0341–0.0342 range, now acting as a resistance.

MACD & RSI

MACD turned bearish as the price moved below the 0.0340 level and has remained negative. RSI has dipped into oversold territory (below 30) near 0.0333, suggesting a potential short-term bounce may be in play.

Bollinger Bands

Volatility expanded during the early hours, with price moving from the upper to the lower band. By the end of the 24-hour window, price is near the lower band again, indicating compressed volatility and potential for a reversal.

Volume & Turnover

Volume surged during the early hours, particularly between 00:00 and 03:00 ET, with strong bearish momentum pushing price toward 0.0330. However, volume has declined in the last 6 hours, and turnover has not confirmed further downward movement, suggesting a possible pause in selling pressure.

Fibonacci Retracements

Key Fibonacci levels from the 0.0346 high to 0.0329 low include 0.0337 (38.2%) and 0.0332 (61.8%). Price is now hovering near 0.0337, suggesting a potential bounce or a test of the 0.0332 level if momentum continues downward.

Looking ahead, a test of 0.0332 may occur if bears maintain control, but the RSI suggests a short-term bounce could be on the cards. Investors should remain cautious as the market appears to be consolidating after a sharp pullback.