Market Overview: Nillion/Tether (NILUSDT) on 2026-01-13

Tuesday, Jan 13, 2026 2:32 am ET1min read
Aime RobotAime Summary

- NILUSDT dropped 0.0032 during a 17:45 ET 5-minute candle with 2.26M volume, breaking below 0.0691 support.

- RSI fell below 30 into oversold territory while Bollinger Bands widened, signaling heightened volatility during the decline.

- A bullish engulfing pattern formed near 0.0703-0.0705 overnight, suggesting potential reversal if buyers reinforce the level.

- Fibonacci retracements at 0.0704 (38.2%) and 0.0709 (61.8%) were tested, with further consolidation expected around these key levels.

Summary
• Price declined sharply during a high-volume 5-minute candle at 17:45 ET, breaking below key support.
• Momentum weakened as RSI fell below 30, suggesting oversold conditions by late ET.
• A large bullish engulfing pattern emerged near 0.0702-0.0705, hinting at potential reversal.
• Bollinger Bands widened during the early drop, indicating rising volatility.

Nillion/Tether (NILUSDT) opened at 0.0723 on January 12, 2026, at 12:00 ET and closed at 0.0703 on January 13, 2026, at 12:00 ET, with a high of 0.073 and a low of 0.0691. The 24-hour volume was approximately 10,167,823.3 and turnover reached $68,232.05.

Structure and Candlestick Formations


Price action on the 5-minute chart showed a sharp bearish breakdown from 0.0715 to 0.0695 during the 17:45 ET candle, with a massive volume spike of 2,257,088.9. This candle marked a significant bearish move, with the low at 0.0691. Later in the session, between 01:30 and 02:30 ET, a bullish consolidation emerged, forming a potential bullish engulfing pattern near 0.0703-0.0705, which could signal a reversal if supported by follow-through buying.

Moving Averages and Trend Indicators


The 20-period and 50-period moving averages on the 5-minute chart were both bearish, with the price frequently trading below both, indicating a short-term downtrend. Daily MA lines (50/100/200) were not clearly available in the 5-minute dataset but would be needed for a full context.

Momentum and Volatility


The RSI dropped sharply below 30 during the early hours of January 13, signaling oversold conditions, though it did not hold below 30 for long and began recovering after 03:00 ET. MACD showed a bearish crossover followed by divergence between price and momentum, hinting at a potential countertrend. Bollinger Bands expanded significantly during the sharp drop, with the price touching the lower band, indicating heightened volatility.

Volume and Turnover Dynamics


Volume spiked during the 17:45 ET session, coinciding with the sharp drop, confirming bearish conviction. Notional turnover also surged in that period, reaching $158,515.95. A divergence appeared in the early morning hours, where price was consolidating near 0.0703 while volume remained subdued, suggesting a potential test of short-term support.

Fibonacci Retracements


Applying Fibonacci to the 5-minute move from 0.0715 to 0.0691, key retracement levels of 38.2% (0.0704) and 61.8% (0.0709) were tested in the following hours. Price found initial support at 0.0704, and a rebound above 0.0709 could signal a resumption of bullish momentum.

Over the next 24 hours, a test of the 0.0704–0.0709 range appears likely, with a potential retest of the 0.0715 level if buyers emerge. Traders should remain cautious of further volatility if the 0.0702 support breaks, increasing the risk of a deeper pullback.