Market Overview for POL/Tether on 2026-01-16

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 7:53 pm ET1min read
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Aime RobotAime Summary

- POL/Tether (POLUSDT) broke below 0.1520 resistance with a bearish engulfing pattern, closing at 0.1446 after a 24-hour decline.

- RSI near 30 showed oversold conditions but diverged from price-volume action, signaling potential continued bearish momentum.

- Volatility spiked as price fell below 20-period MA and Bollinger Bands expanded, with key support at 0.1451 Fibonacci level critical.

- Volume surged during breakdowns below 0.1490 and 0.1460, confirming bearish bias despite recent volume contraction suggesting possible short-term pause.

Summary
• Price tested 0.1520–0.1533 resistance range before breaking lower, forming a bearish engulfing pattern.
• RSI shows oversold conditions near 30, but divergence between price and volume suggests caution.
• Volatility expanded as price fell below 20-period MA, with Bollinger Bands widening after a contraction.
• Volume surged during the breakdown below 0.1490 and again below 0.1460, confirming bearish momentum.
• Fibonacci levels at 0.1485 and 0.1451 show key support clusters amid the 24-hour decline.

Overview and Key Statistics


POL/Tether (POLUSDT) opened at 0.1521 at 12:00 ET–1 and closed at 0.1446 by 12:00 ET, with a high of 0.1533 and a low of 0.1432. Total volume reached 25,064,416.2 USDT, and notional turnover was approximately $3,534,722. The 24-hour decline shows bearish conviction amid increased volatility and key support tests.

Structure and Candlestick Patterns


A bearish engulfing pattern formed near 0.1520–0.1509, confirming a reversal from early resistance.
The price remained below the 20-period moving average for most of the session, with the 50-period line failing to provide a bounce. A potential 61.8% Fibonacci retracement level at 0.1451 may hold critical significance in the coming hours.

MACD and RSI Momentum


The MACD turned negative and crossed below the signal line, reinforcing the bearish bias. RSI reached oversold territory near 30 but failed to show a strong rebound, suggesting a potential continuation of the downtrend. Price and RSI divergence indicates caution for a short-term bounce but not a reversal.

Volatility and Bollinger Bands


Bollinger Bands initially contracted between 0.1523 and 0.1528, followed by a sharp expansion as the price dropped below 0.1490. This expansion suggests heightened volatility, with the price now trading near the lower band of the bands, a potential setup for either a bounce or further bearish movement depending on volume confirmation.

Volume and Turnover Confirmation


Volume spiked during the breakdown below 0.1490 and again below 0.1460, confirming bearish momentum. However, recent volume has declined slightly despite the continued drop, which may indicate a potential pause in the near term. Turnover has remained aligned with price direction, but a divergence in volume could signal a potential countertrend move.

POL/Tether may continue lower in the next 24 hours if support at 0.1451 fails, but a rebound above 0.1485 could offer a short-term reprieve. Investors should monitor volume for confirmation of further bearish moves and remain cautious of potential short-covering or news-driven reversals.