Market Overview for POL/Tether (POLUSDT) on 2026-01-04

Summary
• POLUSDT formed key resistance at $0.1182–$0.1191 and support at $0.1154–$0.1161.
• Volume surged at 01:30–02:45 ET, confirming a bullish breakout.
• RSI reached overbought territory, signaling potential near-term pullback.
• Price hovered above the 20-period MA, indicating upward momentum.
• Bollinger Bands expanded, showing increased volatility in the 01:00–04:00 ET window.

At 12:00 ET − 1, POLUSDT opened at $0.1148, reaching a high of $0.1230 and a low of $0.1143 before closing at $0.1230 at 12:00 ET. Total 24-hour volume was 14,189,117 POL, with notional turnover of $1,714,266.

Structure and Key Levels

POL/Tether showed a strong bullish bias, with price consolidating above key support at $0.1154–$0.1161 and testing resistance at $0.1182–$0.1191. A bullish engulfing pattern formed around $0.1156–$0.1161 on the 5-minute chart, confirming a breakout.

Trend and Momentum Indicators

The 20-period moving average (5-min) supported the upward trend, with price above it most of the day. RSI reached overbought levels above 70 in the late hours, suggesting a potential correction. MACD showed a bullish crossover early and remained positive, reinforcing the upward bias.

Volatility and Volume Analysis

Bollinger Bands expanded significantly during the 01:00–04:00 ET window, reflecting rising volatility. Volume and turnover surged during this period, particularly between 01:30 and 02:45 ET, confirming the breakout. Notably, volume and price action aligned well, showing no divergence.

Forward-Looking Implications

POLUSDT appears to be in a bullish phase with strong volume and momentum support. The next 24 hours may see a test of the $0.1230–$0.1232 level, but caution is warranted as RSI is in overbought territory, increasing the risk of a near-term pullback. Investors should watch for a potential retracement to the $0.1196–$0.1201 range as a key support area.