Market Overview for Moonbeam/Tether (GLMRUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Jan 19, 2026 12:32 am ET1min read
GLMR
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Aime RobotAime Summary

- Moonbeam/Tether (GLMRUSDT) opened at $0.026 on Jan 18, 2026, surged to $0.027, then collapsed to $0.0248 by 12:00 ET next day.

- Sharp bearish reversal at 23:30 ET showed 9% drop in 2 hours, with Bollinger Bands widening and RSI hitting oversold levels (~28).

- Key support at $0.0248 was retested, while Fibonacci analysis suggests $0.0254 as immediate resistance and $0.0237 as potential target if $0.0241 breaks.

- Volume spiked during the 23:30 ET drop, aligning with price movement, as traders monitor $0.0241 support to avoid accelerated declines below $0.024.

Summary
• Price opened at $0.026, surged to $0.027 before collapsing to $0.0248 by 00:00 ET.
• Strong bearish momentum seen post 23:30 ET with massive volume and a 9% drop in under 2 hours.
• Volatility surged in late night hours as Bollinger Bands widened; price now near 20-period SMA on 5-min chart.
• Key support identified at $0.0248; failed resistance at $0.0265 could trigger further declines if broken.

Moonbeam/Tether (GLMRUSDT) opened at $0.026 on 2026-01-18 at 12:00 ET, reaching a high of $0.027 before collapsing to a low of $0.0248 by 12:00 ET the next day. It closed at $0.0242, with a total volume of ~42.5 million and turnover of ~$169,000 during the 24-hour window.

Structure & Formations


The price action featured a sharp bearish reversal at 23:30 ET, marked by a large bearish candlestick with a long upper wick and narrow body, resembling a classic shooting star. Key support was retested at $0.0248, and a failed rally from that level suggests a potential continuation of the downtrend.

Volatility and Momentum


Volatility surged overnight with Bollinger Bands expanding significantly following the sharp drop. RSI hit oversold territory (~28) at 03:00 ET, indicating possible near-term exhaustion of the selloff, though a bearish bias remains.

Volume and Turnover


Volume spiked during the 23:30 ET candle as price dropped from $0.0265 to $0.0259 in a single session, and continued to trend higher during the subsequent decline. Turnover was closely aligned with price movement, showing no significant divergence.

Key Levels and Fibonacci


The Fibonacci retracement levels from the $0.026 to $0.0248 swing show 61.8% retracement at $0.0254 as a potential immediate resistance. A breakdown below the $0.0241 level could target the next Fibonacci level at $0.0237, based on the larger $0.026 to $0.023 swing.

Looking ahead, the market may test $0.0241 for support and could consolidate in the $0.024 to $0.0245 range if it holds. Traders should remain cautious, as a breakdown below $0.024 could accelerate the decline further.