Market Overview for POL/Tether on 2026-01-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Sunday, Jan 18, 2026 7:31 pm ET1min read
USDC
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Aime RobotAime Summary

- POL/USDT tested key support near $0.1440–0.1450 amid persistent bearish momentum, forming a descending channel with lower highs/lows.

- A bullish engulfing pattern at $0.1420 and RSI oversold conditions suggested potential reversal, but price failed to reclaim $0.1460 resistance.

- Volume divergence during 09:00–11:00 ET and late-day volatility spikes highlighted weakening selling pressure and short-covering activity.

- MACD flattening and Bollinger Band breaches signaled mixed momentum, with critical support at $0.1430–0.1440 now under 24-hour scrutiny.

Summary
• POL/USDT tested key support near $0.1440–0.1450 in the 24-hour window, with bearish momentum persisting.
• Volume and turnover diverged near 09:00–11:00 ET, suggesting weakening short-term selling pressure.
• A bullish engulfing pattern emerged after the 15:00–15:15 ET low, hinting at potential consolidation or reversal.
• RSI and MACD indicated oversold conditions, but price failed to reclaim recent resistance near $0.1460.
• Volatility expanded during the 16:00–17:00 ET rebound, with prices moving outside the upper Bollinger Band for brief periods.

At 12:00 ET–1, POL/USDT opened at $0.1468 and traded between $0.1414 and $0.1475, closing at $0.1430 by 12:00 ET. Total volume reached 14.1 million POL, with $2.04 million in notional turnover over 24 hours.

Structure and Key Levels


The price action displayed a bearish bias over the last 24 hours, with a series of lower highs and lower lows forming a descending channel. A notable support zone was identified between $0.1440 and $0.1450, where the asset found temporary buyers after a sharp selloff into the early morning hours.
A bullish engulfing pattern formed at $0.1420 after 15:00 ET, which may signal a short-term reversal attempt.

Volatility and Indicators


Volatility increased in the late afternoon and early evening hours, with prices breaching the upper Bollinger Band temporarily as momentum picked up. The RSI bottomed near oversold territory at ~25 but failed to trigger a strong rebound. MACD showed a bearish crossover earlier in the morning but began to flatten in the later hours, suggesting potential momentum exhaustion.

Volume and Turnover Divergence


Despite a drop in price during 09:00–11:00 ET, turnover declined, indicating weaker conviction in the selloff. This divergence could imply a short-term pause in the downward trend. Volume surged again after 16:00 ET as the price rebounded toward $0.1440, confirming the short-covering and accumulation phase.

Immediate Outlook and Risks


With support near $0.1430–0.1440 and resistance at $0.1460–0.1470, the next 24 hours may see a test of the key support level. A break below $0.1430 could trigger further downside, while a close above $0.1460 would signal renewed bullish momentum. Traders should remain cautious of potential volatility and mixed signals from volume and momentum indicators.