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Summary
• Price declined from 0.056 to 0.0542, with key resistance at 0.0552 and support at 0.0540–0.0542.
• Volume surged near 0.0552 but failed to confirm strength, hinting at bearish divergence.
• RSI and MACD both showed weakening momentum, with RSI dipping into oversold territory near 30.
• Bollinger Bands widened during early ET hours, indicating increased volatility.
• Fibonacci retracement levels reinforced the 0.0542–0.0545 range as critical support.
Market Overview
Across Protocol/Tether (ACXUSDT) opened at 0.0559 on 2026-01-14 at 12:00 ET, peaked at 0.056, and closed at 0.0542 on 2026-01-15 at 12:00 ET. Total volume reached 318,384.1, while turnover amounted to 17,097.49 USD. The 24-hour move shows a bearish bias with significant pressure at key Fibonacci and support levels.
Structure & Formations
Price action revealed a bearish breakdown from 0.0552–0.0555 resistance, with a long lower shadow and bearish engulfing patterns at 0.0551 and 0.0555. A bearish flag pattern formed between 0.0550 and 0.0545, indicating potential continuation lower. Support at 0.0542–0.0545 has held twice in the last 4.5 hours, suggesting it may be a short-term floor.

Moving Averages & Momentum
On the 5-minute chart, the 20SMA and 50SMA are converging lower, both below current price, reinforcing bearish momentum. The 50-period and 20-period MACD show bearish divergence with price action, while the 14-period RSI has dipped into oversold territory, suggesting a possible short-term bounce. However, bearish control remains firm.
Bollinger Bands & Volatility
Volatility expanded in the early morning hours as the price drifted below the lower Bollinger Band. The band width widened between 03:00 and 07:00 ET, signaling a potential reversal or consolidation period. Current price is near the lower band, suggesting it could rebound or continue lower if volume increases on the downside.
Volume & Turnover
Volume surged around 0.0552 during the breakdown, but notional turnover did not confirm bullish strength, indicating weak conviction. A bearish divergence appeared as volume declined at 0.0545 despite the price holding near that level. The largest single 5-minute volume spike was at 20:15 ET, aligning with a sharp drop to 0.0545.
Fibonacci Retracements
Recent 5-minute swings show a key 61.8% retracement at 0.0542–0.0545, which has now acted as a pivot point. On the daily chart, the 38.2% and 61.8% levels are located at 0.0552 and 0.0545, respectively, aligning with observed resistance and support. A break below 0.0542 could see the next target at 0.0537.
Over the next 24 hours, a test of 0.0542–0.0545 appears likely, with the potential for a bounce or breakdown. Investors should remain cautious, as volume divergence and bearish momentum indicators suggest the decline could continue unless a strong reversal pattern forms.
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