Market Overview for Nervos Network/Tether (CKBUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 4:29 pm ET1min read
CKB
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Aime RobotAime Summary

- Nervos Network/Tether (CKBUSDT) traded in a tight $0.002623–$0.002699 range, with key support at $0.002656 holding during a bearish test.

- RSI signaled mixed momentum between overbought and oversold levels, while compressed Bollinger Bands indicated low volatility.

- Volume spiked during early bearish moves but failed to break the $0.00268–$0.00269 resistance range.

- A breakdown below $0.002665 could trigger further risk-off behavior, with investors advised to watch for 24-hour consolidation shifts.

Summary
• Price consolidated between $0.00266–$0.00269, forming a tight range with multiple indecision patterns.
• Momentum stalled near $0.002685, as RSI signaled oversold-then-overbought conditions.
• Volatility remained compressed, with Bollinger Bands showing minimal expansion through the day.
• Volume spiked at 18:45–19:00 ET and 16:00–16:45 ET, but price action remained range-bound.
• A key support level appears near $0.002656, which held during a bearish test earlier in the session.

Nervos Network/Tether (CKBUSDT) opened at $0.002679 and closed at $0.00268 at 12:00 ET on 2026-01-16. The pair touched a high of $0.002699 and a low of $0.002623. Total trading volume amounted to ~23,424,889 USDT, with a notional turnover of ~$61,859.

Price action was characterized by a tight range throughout the day, with minor countertrend moves failing to break key levels. A bearish breakdown attempt at $0.002656 was met with support, followed by a brief rally back toward $0.002685. The RSI oscillated between overbought and oversold levels, indicating mixed sentiment and indecision.

Bollinger Bands remained constricted, suggesting low volatility, though the 20-period moving average on the 5-min chart hovered just above the closing price, indicating potential for a directional shift. On the daily timeframe, the 50-period moving average sits slightly above the 200-period line, suggesting no strong bearish momentum at the longer timeframe.

Volume spiked during early bearish moves, particularly around 18:45–19:00 ET and 16:00–16:45 ET, but price failed to follow through, pointing to potential resistance in the $0.00268–$0.00269 range.

Looking ahead, the immediate resistance is around $0.002685, with a breakdown below $0.002665 likely to trigger further risk-off behavior. Investors should remain cautious of a consolidation breakout or breakdown in the next 24 hours.