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Summary
• Price advanced from 0.2379 to 0.2444 on 24-hour 5-min data, forming a bullish breakout pattern.
• Volatility and turnover increased sharply after 21:30 ET, aligning with higher highs and strong volume.
• RSI climbed above 60, suggesting rising momentum, though not yet overbought.
PundiX/Tether (PUNDIXUSDT) opened at 0.2379 on 2026-01-02 12:00 ET, reaching a high of 0.2447 and a low of 0.2369, closing at 0.2441 as of 2026-01-03 12:00 ET. The 24-hour volume totaled approximately 352,121.1 with a notional turnover of ~8,584.55.
Structure & Formations
The 24-hour 5-min OHLCV data reveals a clear ascending structure, with key support around 0.2372–0.2383 and resistance near 0.2401–0.2435. A bullish breakout pattern emerged after 21:30 ET as price moved above the prior resistance cluster. Notable bullish engulfing patterns occurred around 22:30 and 04:00 ET, reinforcing the uptrend. A doji at 05:30 ET may indicate a pause in momentum and a possible consolidation period ahead.
Technical Indicators

Volume and Turnover
Volume surged significantly during the late trading hours (after 21:30 ET), with the largest spike occurring at 04:45 ET (35,212.1 volume) and 22:15 ET (12,901.2 volume), confirming price advances. Notional turnover mirrored this, increasing from 330.5 at 04:00 ET to 8,584.5 at 04:45 ET, reinforcing the conviction behind the price rally.
Fibonacci Retracements
On the 5-min chart, the move from 0.2372 to 0.2447 aligns with Fibonacci levels, with price currently near the 61.8% retracement of that swing. Daily Fibonacci levels suggest a larger bullish trend from January 2 to January 3, with 0.2447 as a potential near-term target and 0.2432 as a key support.
The market appears to have entered a strong bullish phase with confirmed breakouts and increasing volume. While short-term momentum supports further upside, a pullback to 0.2425–0.2432 could test the strength of this move. Investors should monitor for signs of overbought conditions or divergences in volume and momentum in the next 24 hours.
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