Market Overview: Nillion/Tether (NILUSDT) 24-Hour Movement

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Jan 19, 2026 1:15 am ET1min read
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Aime RobotAime Summary

- Nillion/Tether (NILUSDT) dropped 8.4% to 0.0696 amid massive overnight volume spikes and a bearish engulfing pattern.

- Oversold RSI and contracting Bollinger Bands highlight volatility, with price remaining below key moving averages.

- Volume/turnover skewed toward late-night selloff, showing 1.9M units traded at intraday lows without reversal.

- 0.0696 support may trigger short-covering rallies, but breakdown below 0.065 risks extended bearish momentum.

Summary
• Price declined sharply from 0.076 to 0.0696 on a massive volume spike late in the night.
• A long bearish shadow and engulfing pattern suggest bearish control.
• RSI suggests oversold conditions, but price remains below key moving averages.
• Bollinger Bands show strong contraction earlier, followed by a violent breakout.
• Volume and turnover are highly skewed toward the latter half of the 24-hour window.

Nillion/Tether (NILUSDT) opened at 0.0759 and fell to 0.0688 before closing at 0.0696 at 12:00 ET. The pair traded between 0.076 and 0.0597 with a total volume of 6,377,124.5 and turnover of 452,102.47.

Structure and Candlestick Formations


The price action shows a sharp bearish engulfing pattern after 23:15 ET, confirming a shift in momentum. A long bearish tail from 0.076 to 0.0696 highlights capitulation during the overnight session. Key support appears to be forming near 0.0696, with 0.065 as the next critical level.

Moving Averages and Momentum


While 5-minute moving averages (20/50) are below the current price, the 50-period line has acted as resistance. The RSI is in oversold territory, suggesting a potential short-term bounce, but the momentum has not yet turned.

Volatility and Bollinger Bands


Bollinger Bands show a notable contraction in the early part of the day, followed by a sharp expansion during the late-night selloff. Price is currently trading near the lower band, indicating high volatility and bearish pressure.

Volume and Turnover Divergence


Volume and turnover surged after midnight, with over 1.9 million units traded at the lowest price of the day. However, the price did not reverse despite the strong volume, indicating continued bearish sentiment.

Over the next 24 hours, a test of 0.0696 support could bring a short-covering rally, but a break below 0.065 may signal further bearish momentum. Investors should watch for divergences in volume and RSI as early reversal signals.