Market Overview for Movement/Tether (MOVEUSDT)

Summary
• Price action broke above prior resistance into new 24-hour highs near 0.0353, with bullish momentum evident in the final hours.
• RSI suggests moderate overbought conditions, while MACD shows positive divergence in the final candle.
• Volume spiked during the late ET hours, confirming the price breakout.
• Bollinger Bands show a moderate expansion, with price testing the upper band toward the end of the period.
• Fibonacci retracements highlight 0.0343–0.0345 as potential short-term support levels from the 0.0334–0.0353 range.

Movement/Tether (MOVEUSDT) opened at 0.034 on 2026-01-13 at 12:00 ET-1 and closed at 0.0344 one day later. The price reached a high of 0.0353 and a low of 0.0334. Total traded volume for the 24-hour window was 19,406,608.1, with a notional turnover of 656,531.82.

Structure and Key Levels

The price of Movement/Tether formed a bullish continuation pattern during the late hours, breaking out of a 0.0334–0.0353 range. A strong candle on 16:15–16:45 ET-1 confirmed the upward move, with the 0.0343–0.0345 zone acting as a key area of consolidation. A doji at 20:30 ET-1 suggested indecision earlier in the trend, but the final 5-minute candles showed strong bullish continuation.

Technical Indicators

The RSI climbed into overbought territory, reaching 68–70 in the final hours, while MACD crossed above the signal line, suggesting potential sustained momentum. Bollinger Bands expanded as price tested the upper band, signaling increased volatility.

Volume and Turnover

Volume surged during the late ET hours, with the highest 5-minute volume at 16:45 ET-1 (1,091,651.9). Turnover also peaked during this time, aligning with the price breakout and indicating strong conviction in the move higher.

Implications and Outlook

Movement/Tether appears poised to test resistance near 0.0353–0.0355, with a potential pullback to 0.0343–0.0345 as a likely short-term target. Investors should monitor the 0.0342 level for any signs of weakening momentum.

In the next 24 hours, a break above 0.0355 may confirm the bullish bias, but a failure to hold above 0.0342 could result in a retracement into consolidation.