Summary
• Price traded in a 0.883–0.894 range, with key resistance at 0.895 and support at 0.883.
• Volume surged during a morning rally to 0.901, showing strong buyer interest.
• A bearish divergence appeared in RSI near 0.901, suggesting potential pullback.
• Volatility expanded during 02:00–06:00 ET with a 6.4% intraday range.
• A bullish engulfing pattern formed at 0.885–0.890, signaling short-term recovery.
The Paris Saint-Germain Fan Token/Tether (PSGUSDT) opened at 0.883 on 2026-01-15 at 12:00 ET, reached a high of 0.902, touched a low of 0.883, and closed at 0.887 at 12:00 ET on 2026-01-16. Total volume was 286,264.76, and turnover amounted to 250,557.87 USD.
Structure and Candlestick Patterns
Price action was confined within a 0.883–0.894 range for much of the session, with a late morning breakout to 0.902 failing to hold. A bullish engulfing pattern formed at 0.885–0.890 on the 5-minute chart, suggesting a short-term reversal. A doji appeared near 0.896 at 05:15 ET, signaling indecision and potential reversal.
Moving Averages and Momentum
A 5-minute 20/50 EMA crossover occurred at 02:45 ET, confirming a short-term uptrend before the price pulled back. On the daily chart, the 50 EMA was at 0.889, while the 200 EMA was at 0.886, suggesting a neutral bias. RSI hit 65 at 06:00 ET before rolling over into a bearish divergence, hinting at weakening momentum.
Volatility and Bollinger Bands
Bollinger Bands expanded between 02:00–06:00 ET, indicating rising volatility. Price traded near the upper band during the 0.902 rally and returned to the middle band after the reversal.
. The 5-minute bands constricted briefly at 04:00 ET before expanding again during the morning surge.
Volume and Turnover
Volume spiked to 35,317.2 at 05:45 ET, coinciding with a sharp rally to 0.902. Turnover surged to 27,264.06 during that same period, confirming the strength of the move. A divergence emerged between rising price and declining volume from 07:00–09:00 ET, signaling waning buying interest.
Key Levels and Fibonacci
Fibonacci levels on the 0.883–0.902 swing suggest key support at 0.891 (38.2%) and 0.887 (61.8%). The 0.883 level acted as a strong floor, preventing a deeper pullback. Daily Fibonacci levels align with the 0.886–0.894 range, suggesting this area will be key for the next 24 hours.
Price may consolidate near 0.887–0.891 in the near term, with a test of 0.896 possible if buyers re-enter. Traders should monitor volume and RSI for confirmation of a breakout or reversal. . A break below 0.883 could trigger a retest of 0.880, while a sustained move above 0.895 could signal renewed bullish momentum.
Comments
No comments yet