AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price tested key support at 0.0688 and rebounded with confirmation from volume and price action.
• Momentum diverged during bearish breakdown attempts, with RSI signaling oversold conditions by 04:45 ET.
• Volatility expanded after 05:00 ET, with a 0.0703–0.0705 consolidation forming potential near-term resistance.
At 12:00 ET–1, Nillion/Tether (NILUSDT) opened at 0.0704, reached a high of 0.0705, a low of 0.0681, and closed at 0.0705 at 12:00 ET. Total 24-hour volume was 700,528.5, and notional turnover was 48,496.52 USDT.
Structure & Formations
Price broke down to a critical support level at 0.0688 during the 20:30–22:00 ET window but rebounded decisively, forming a bullish reversal pattern. A key consolidation phase between 05:00 and 06:00 ET suggested buyers regained control.
Moving Averages and MACD

The 20-period and 50-period 5-minute moving averages crossed in a bullish configuration as price pushed back above 0.0703. The MACD showed a narrowing histogram, suggesting a potential pause in momentum before a continuation.
RSI and Bollinger Bands
RSI hit oversold levels below 30 during the breakdown attempt, followed by a strong rebound that brought it back into neutral territory. Price remained within expanding Bollinger Bands, suggesting increased volatility is likely to continue.
Volume and Turnover
Volumes spiked during the 05:00–06:00 ET consolidation phase, with a total of 121,084.2 traded at the peak. Notional turnover also surged during this period, confirming bullish conviction.
Fibonacci Retracements
A 61.8% retracement level of the 0.0681–0.0705 swing was confirmed at 0.0696, aligning with a key resistance-turned-support level that now appears to act as a floor for the next 24 hours.
Looking ahead, price may test 0.0705 for a potential breakout if bullish momentum continues. However, traders should watch for a pullback into the 0.0693–0.0695 range, which could trigger further consolidation. As always, volatility remains high, and sudden corrections are possible.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.12 2026

Jan.12 2026

Jan.12 2026

Jan.12 2026

Jan.12 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet