Market Overview: Prom/Tether (PROMUSDT) on 2026-01-17

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 17, 2026 10:15 pm ET1min read
PROM
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Aime RobotAime Summary

- Prom/Tether (PROMUSDT) broke below 4.10 support with a bearish engulfing pattern, signaling strong downward momentum.

- RSI dropped below 30 and MACD showed bearish divergence, while volatility expanded beyond 4.5% Bollinger Bands.

- 20-period MA at 4.05 acts as resistance after failing to hold 4.10, with Fibonacci retracement zone 3.859-4.086 critical for near-term direction.

- Sharp 5-minute volume spike (126k) during 4.121-3.859 decline confirms selling pressure, with 3.756 now a key vulnerability level.

Summary
• Prom/Tether fell below key support of 4.10 on heavy volume, with a bearish engulfing pattern at 4.16–4.12.
• Momentum weakened as RSI dropped below 30, while volatility expanded through Bollinger Band breakouts.
• Turnover spiked at 4.121–3.859 as price dropped sharply, indicating increased selling pressure.
• 20-period MA failed to hold at 4.10, now acting as dynamic resistance; 50-period MA declined steeply.
• Fibonacci retracement at 3.859–4.086 could see renewed testing as 3.756 appears vulnerable.

Prom/Tether (PROMUSDT) opened at 4.145 on 2026-01-16 at 12:00 ET, reaching a high of 4.28 before closing at 3.802 on 2026-01-17 at 12:00 ET, with a low of 3.700. Total volume was 1,335,639.55, and notional turnover stood at 5,288,466.72.

Price Structure and Candlestick Formations


Prom/Tether posted a bearish engulfing pattern on the 5-minute chart around 4.16–4.12 as price collapsed.
. A strong breakdown below 4.10 support confirmed a shift in sentiment. Key resistance remains at 4.16–4.20, with 3.859 forming an initial floor.

Momentum and Volatility Indicators


RSI fell below 30 during the selloff, signaling oversold conditions, while MACD showed bearish divergence with price. Volatility increased significantly as the 20-period Bollinger Bands expanded from ~3.1% to 4.5%. Price has remained below the lower band since the breakdown at 4.10.

Volume and Turnover Analysis


The most significant sell-off occurred between 4.121 and 3.859, where turnover spiked sharply on the 5-minute chart. Volume during this period exceeded 126k, with a large block at 4.121–3.859 indicating concentrated selling. A divergence appears between falling price and lower turnover after 3.756, suggesting possible short-term stabilization.

Fibonacci and Moving Averages

The 20-period MA on the 5-minute chart currently sits at 4.05 and is acting as resistance. Daily 50-period MA at 4.15 also failed to hold. Fibonacci levels indicate 3.859–4.086 as a key retracement zone. The 3.756 level is a critical support that could trigger further weakness if breached.

Prom/Tether appears vulnerable to further downside in the next 24 hours, with 3.756 a critical level. A rebound above 4.10 could reinvigorate short-term buyers, but momentum indicators suggest continued bearish bias. Investors should watch for volatility and volume confirmation at key support levels.