Market Overview for Nillion/Tether (NILUSDT) on 2026-01-05

Monday, Jan 5, 2026 1:04 am ET1min read
Aime RobotAime Summary

- Nillion/Tether (NILUSDT) fell to 0.0755 on 2026-01-05, forming bearish engulfing patterns and testing key support at 0.0748.

- Final 4.5 hours saw 232,950.9 volume spike near 0.0748, confirming bearish momentum with no price-volume divergence.

- RSI entered oversold territory below 30 while 61.8% Fibonacci retracement at 0.0755 aligned with critical support, suggesting potential near-term stabilization.

- Bollinger Bands expanded as price approached lower band, with 0.0751-0.0748 zone likely to dictate next 24-hour direction.

Summary
• Price drifted lower with bearish engulfing patterns and key support at 0.0748.
• Volume spiked in final hours, confirming bearish momentum and a potential short-term reversal.
• RSI entered oversold territory, suggesting possible near-term exhaustion in the downward move.

Nillion/Tether (NILUSDT) opened at 0.0782 on 2026-01-04 at 12:00 ET, reaching a high of 0.0808 before closing at 0.0755 as of 12:00 ET on 2026-01-05. Total volume was 8.21 million, and notional turnover was $61,118.

Structure & Formations


Price action showed a bearish engulfing pattern during the early session, confirming a shift in sentiment. A doji at 0.0771–0.0771 suggested indecision near 0.0775. Key support levels were tested at 0.0765 and 0.0748, with the latter holding strongly in the final hours.

Moving Averages


On the 5-minute chart, price remained below both the 20-EMA and 50-EMA, indicating short-term bearish bias. On the daily chart, the 50/100/200 EMA cluster provided a dynamic resistance near 0.0775, which was decisively broken.

MACD & RSI


The MACD remained bearish with a narrowing histogram, reflecting decreasing downward momentum. RSI dropped into oversold territory below 30, hinting at potential near-term stabilization or a bounce from current levels.

Bollinger Bands


Volatility expanded as price moved closer to the lower band, particularly between 0.0757 and 0.0748. A contraction in band width was observed prior to the break of 0.0765, followed by a sharp expansion, signaling increased directional activity.

Volume & Turnover


Volume surged during the final 4.5 hours, with the highest 5-minute volume at 232,950.9 near the 0.0755–0.0748 move. Turnover confirmed the bearish action, with no significant divergence observed between price and volume.

Fibonacci Retracements


On the 5-minute chart, the 61.8% retracement level at 0.0755 aligned with recent support and held during a critical 5-minute session. Daily-level retracements show 38.2% at 0.0763 and 61.8% at 0.0751, both of which may now act as key pivots for the next 24 hours.

Price may test the 0.0751–0.0748 zone in the near term, with a potential bounce or consolidation expected if 0.0755 holds. Traders should remain cautious of the risk of a deeper correction if 0.0748 is breached.