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Summary
• Price surged above 0.0954, breaking a key resistance with confirmation by bullish engulfing patterns in late ET hours.
• RSI reached overbought territory while Bollinger Bands widened, signaling increased volatility and potential for consolidation.
• Volume spiked to 58,901 at 04:30 ET, aligning with a 0.96% price rally but lacking follow-through into the following 5-minute intervals.
• A 5-minute doji at 08:45 ET suggests indecision amid a 0.0953–0.0959 range, hinting at possible near-term support.
• Fibonacci retracement at 0.0957 appears to have served as a temporary floor, with price bouncing and extending upward toward 0.0965.
Market Overview
Powerledger/Tether (POWRUSDT) opened at 0.0943 on 2026-01-13 at 12:00 ET, surged to a high of 0.0973, and closed at 0.0969 by 12:00 ET on 2026-01-14. Total volume reached 330,890, while notional turnover hit $31,175.75.
Structure & Formations

Technical Indicators
The 20-period and 50-period moving averages on the 5-minute chart trended upward, suggesting bullish bias in short-term momentum. The MACD line crossed above the signal line in the late ET hours, reinforcing the bullish thrust. RSI hit overbought territory (above 70) near 0.0973 but pulled back slightly, suggesting a possible pause. Bollinger Bands expanded as volatility increased, with price frequently near the upper band, particularly between 22:15 ET and 01:30 ET.
Volume & Turnover
Trading volume surged to 58,901 at 04:30 ET as price rose 0.96% in 15 minutes to 0.0963, aligning with a strong buying wave. However, follow-through volume lagged in the subsequent 5-minute candle. Overall notional turnover was concentrated in the late ET and early morning sessions, while midday saw lower trading intensity.
Key Levels & Fibonacci
The 0.0954–0.0973 swing revealed critical Fibonacci levels: 38.2% at 0.0961 and 61.8% at 0.0965. Price found support at 0.0957 (Fibonacci 38.2%), and buyers stepped in to push price above 0.0965. On the daily chart, 50-period and 200-period moving averages appear to be converging, suggesting possible trend continuation ahead.
Price appears poised to test 0.0975 as the next psychological hurdle. However, a breakdown below 0.0961 could trigger short-term profit-taking and retest the 0.0957 level. Investors should remain cautious as volatility remains elevated and divergence between price and volume is observed.
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