Market Overview for PundiX/Tether (PUNDIXUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 10, 2026 1:23 am ET1min read
PUNDIX
--
Aime RobotAime Summary

- PUNDIXUSDT tested 0.2535–0.2543 resistance repeatedly but failed to break through, forming bearish engulfing and doji patterns.

- RSI hovered near 50 and MACD flattened, signaling waning momentum despite volume surging above 50k.

- Bollinger Bands widened post-19:00 ET and 20-period MA drifted lower, reinforcing short-term bearish bias.

- Price consolidation near 0.2517 Fibonacci level suggests potential reversal or break with increased conviction.

Summary
• Price action formed bearish engulfing and doji patterns near 0.2535–0.2543 resistance.
• Momentum slowed with RSI hovering near 50 and MACD flattening mid-day.
• Volatility expanded as volume surged above 50k, but turnover failed to confirm strength.
• Bollinger Bands widened after 19:00 ET, signaling potential directional move.
• 20-period 5-min MA drifted lower, suggesting short-term bearish bias.

Market Overview

PundiX/Tether (PUNDIXUSDT) opened at 0.2540 on 2026-01-09 12:00 ET, reached a high of 0.2551, a low of 0.2493, and closed at 0.2493 on 2026-01-10 12:00 ET. Total 24-hour volume was 355,439.6, with notional turnover of $89,447.57.

Structure & Formations


Price tested key resistance at 0.2535–0.2543 multiple times but failed to break through, forming bearish engulfing and doji patterns, indicating exhaustion in the short-term bull trend. A descending triangle formed between 0.2540 and 0.2495 as support levels consolidated.

Moving Averages


The 20-period and 50-period 5-minute moving averages trended lower during the session, reinforcing a near-term bearish tilt. Daily MAs are expected to cross into a bearish alignment if the close remains below the 200-period line.

MACD & RSI


Relative Strength Index (RSI) stayed near 50 throughout the session, with no clear overbought or oversold signals. MACD lines flattened after mid-day, suggesting waning momentum and potential consolidation.

Bollinger Bands


Volatility expanded as Bollinger Bands widened after 19:00 ET, and price drifted near the lower band by the close. This pattern may indicate increased bearish pressure ahead.

Volume & Turnover


Volume spiked above 50k in the early hours but failed to translate into higher turnover, signaling possible divergence. As price fell below 0.2510, volume remained high but turnover declined, hinting at potential profit-taking or fading long positions.

Fibonacci Retracements


The 61.8% retracement level from the 0.2548 high to the 0.2493 low sits at 0.2517. Price hovered near this level for much of the session, suggesting it could either reverse or break with increased conviction.

The pair appears to be in a consolidation phase ahead of potential directional movement. A break below 0.2495 may trigger further bearish bias, while a retest of 0.2535 could offer a short-term reversal opportunity. Investors should remain cautious of low-liquidity gaps and sudden swings amid mixed volume dynamics.