Summary
• Price traded between 0.863 and 0.883 with key resistance at 0.88 and support at 0.875.
• Strong volume and turnover acceleration confirmed a late-night bullish breakout above 0.88.
• RSI surged into overbought territory near 80, suggesting possible short-term consolidation.
• Bollinger Bands widened, reflecting elevated volatility during the breakout.
• A bullish engulfing pattern formed at 0.875, indicating a potential reversal from prior bearish pressure.
Paris Saint-Germain Fan Token/Tether (PSGUSDT) opened at 0.866 on 2026-01-10 at 12:00 ET, reached a high of 0.883, a low of 0.863, and closed at 0.879 on 2026-01-11 at 12:00 ET. The 24-hour volume was 235,295.67 and turnover was 203,766.44.
Structure & Formations
Price tested key resistance levels at 0.88 and 0.883 multiple times, with a successful breakout after a bullish engulfing pattern at 0.875. Support levels at 0.875 and 0.871 held during key bearish attempts. A bearish doji formed near 0.881, indicating hesitation during the consolidation phase.
Moving Averages
The 20-period and 50-period 5-minute moving averages showed a bullish crossover as the pair surged past 0.88. The 200-period daily MA acted as a baseline near 0.875, with price staying above it, suggesting a longer-term bullish bias.
MACD & RSI
The MACD showed a strong positive divergence and crossed above the zero line as price pushed through 0.88. RSI reached overbought territory near 80, hinting at potential pullbacks. The histogram expanded sharply during the breakout, confirming momentum.
Bollinger Bands
Volatility surged with Bollinger Bands expanding widely after the 0.88 breakout. Price closed near the upper band, indicating strong upside momentum but raising the possibility of a near-term retracement to the mid-band or lower.
Volume & Turnover
Volume surged during the late-night push above 0.88, with a 5-minute candle at 2026-01-11 06:45 ET showing 29,672.23 volume—the highest of the 24-hour period. Turnover aligned with volume, with no significant divergence detected.
Visual
Fibonacci Retracements
The 61.8% Fibonacci retracement level at 0.882 aligned closely with the breakout high of 0.883, suggesting the move above 0.88 was a well-supported continuation rather than a false break. The 38.2% level at 0.877 served as a minor support during consolidation.
Looking ahead, the pair may consolidate between 0.875 and 0.883 before testing the next key resistance at 0.89. Investors should watch for a potential pullback to the 50-period MA or signs of renewed bullish momentum. As always, high volatility remains a risk, and stop-loss placement near 0.873 could help manage downside exposure.
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