Market Overview for Qtum/Tether (QTUMUSDT) on 2026-01-12

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Jan 12, 2026 1:29 pm ET1min read
QTUM
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Aime RobotAime Summary

- Qtum/Tether (QTUMUSDT) dropped from 1.477 to 1.408, breaking key support at 1.43 with high-volume confirmation.

- RSI hit oversold levels below 30, while bearish engulfing patterns and expanding Bollinger Bands signaled continued downward momentum.

- Volatility spiked during the 20:15-21:30 ET breakdown, but turnover remained weak at lower levels, suggesting limited buyer participation.

- A test of 1.43 could trigger a short-term rebound, but sustained moves above 1.45 are needed to reverse the bearish trend.

Summary
• Price declined from 1.477 to 1.408, breaking key support at 1.43.
• High volume confirmed the breakdown, especially from 20:15 to 21:30 ET.
• RSI hit oversold levels below 30, suggesting potential near-term rebound.
• Volatility increased as Bollinger Bands expanded during the drop.
• A bearish engulfing pattern formed around 1.468, signaling possible continuation.

Qtum/Tether (QTUMUSDT) opened at 1.477 on 2026-01-11 12:00 ET, hit a high of 1.477, and a low of 1.397 before closing at 1.408 on 2026-01-12 12:00 ET. Total volume for the 24-hour period was 162,467.1, with a notional turnover of 228,702.63 USD.

Structure and Key Levels


Price action revealed a clear breakdown from the 1.468 support level, confirmed by a bearish engulfing pattern and high-volume candlesticks. A key resistance level appears to be forming at 1.45, where price previously struggled to hold. The breakdown has opened the path to lower support levels at 1.40–1.38, with 1.43 acting as a near-term psychological floor.

Momentum and Indicators


The RSI hit oversold territory below 30 during the session, suggesting a potential short-term bounce. MACD showed bearish momentum, with the histogram widening during the decline, reinforcing the downward trend.

Volatility and Bollinger Bands


Volatility increased sharply during the breakdown, with Bollinger Bands expanding to reflect the heightened movement. Price settled near the lower band at 1.408, indicating continuation of the bearish trend if volume remains active.

Volume and Turnover


Volume spiked significantly during the 1.46–1.43 decline, particularly between 20:15 and 21:30 ET, confirming the breakdown. However, turnover did not increase proportionally, which may suggest weaker participation at the lower levels.

Looking ahead, a test of 1.43 may trigger a temporary bounce, but a sustained move above 1.45 would indicate a trend reversal. Traders should remain cautious for a potential oversold rebound, though a continuation of the bearish bias appears likely without a strong reversal confirmation.