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Summary
• Price surged to 0.1783 before consolidating around 0.1760, forming potential resistance clusters.
• Momentum remained mixed, with RSI showing overbought levels during midday highs but retreating into neutral territory.
• Bollinger Bands reflected moderate volatility expansion post-noon, with price near the upper band during key rallies.
• Turnover spiked above $1.2M during midday rally, confirming price strength, while volume remained above average.
• A bullish engulfing pattern formed at 0.1710, suggesting possible near-term buying interest.
POL/Tether (POLUSDT) opened at 0.1529 on 2026-01-09 at 12:00 ET and closed at 0.1760 on 2026-01-10 at 12:00 ET. The 24-hour high was 0.1783 and the low was 0.1508. Total volume reached 185,172,619.9999999 units, with notional turnover exceeding $30,235,008.
Structure & Key Levels
The price formed a bullish engulfing pattern at 0.1710, signaling potential buying interest. Key support appears to be consolidating around 0.1684–0.1700, while resistance is clustering near 0.1760–0.1783. A midday breakout above 0.1783 may test the 0.1800 psychological level, but a failure to hold above 0.1755 could trigger retesting of 0.1710.
Momentum & Volatility
Relative Strength Index (RSI) peaked near overbought levels (70) during midday highs but has since retreated into neutral territory. MACD remained positive during the afternoon rally but has begun to flatten, suggesting potential exhaustion.

Volume and Turnover Dynamics
Turnover spiked over $1.2M during the midday rally (06:00–08:00 ET), aligning with a sharp price move toward 0.1760–0.1783. Volume remained elevated throughout the session, averaging between 2.5M and 4.5M per 5-minute interval. A divergence between volume and price during the consolidation phase suggests mixed positioning among traders.
Fibonacci Retracements and Entry Considerations
Fibonacci retracement levels drawn from the key 0.1508–0.1783 swing indicate possible support at 0.1694 (38.2%) and 0.1647 (61.8%). Price has held above the 0.1700 level since 08:00 ET, suggesting a potential continuation to 0.1783–0.1800. However, a breakdown below 0.1710 could invalidate the bullish bias and trigger a retest of lower retracement levels.
Looking ahead, price may consolidate between 0.1730–0.1780 for the next 24 hours, with volatility likely to remain moderate unless there is a catalyst for further breakout. Traders should remain cautious around 0.1760–0.1780, as a failure to hold these levels may invite profit-taking.
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