Market Overview for SafePal/Tether (SFPUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 17, 2026 4:13 pm ET1min read
SFP
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Aime RobotAime Summary

- SFPUSDT formed bullish patterns (engulfing/inside bars) between 0.3673-0.3726, with RSI hitting overbought levels near 0.3735.

- Volume surged to 158,977 units as price rose to 0.3779, confirming strength near 61.8% Fibonacci level at 0.3753.

- Bollinger Bands expanded with price approaching upper band, while MACD showed growing bullish momentum from 0.3700.

- Traders warned of short-term correction risks despite strong 24-hour notional turnover ($56,640) and untested daily moving averages.

Summary
• Price formed bullish engulfing and inside bars between 0.3673–0.3726 as buyers regained control.
• RSI showed overbought conditions near 0.3735, hinting at potential pullback risks.
• Volume increased progressively from 0.3691 to 0.3775, confirming the uptrend with strong notional turnover.
• A 61.8% Fibonacci level at 0.3753 became a key area of interest for short-term consolidation.
• Bollinger Bands reflected expanding volatility as price moved away from the lower band toward the midline.

At 12:00 ET on 2026-01-17, SafePal/Tether (SFPUSDT) opened at 0.3662, reached a high of 0.3779, and closed at 0.3764, with a low of 0.3645. Total 24-hour volume was 158,977.0 units, and notional turnover amounted to 56,640.18 USD.

Structure & Formations


The 24-hour candlestick pattern showed a strong bullish bias with key support levels forming near 0.3650 and resistance clusters between 0.3735 and 0.3775. A bullish engulfing pattern emerged around 0.3725–0.3735, while inside bars near 0.3750 indicated consolidation before a potential breakout.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages were closely aligned above 0.3685, supporting the bullish trend. Daily moving averages (50/100/200) remained untested, but the price is showing signs of divergence from its longer-term averages, which may signal a correction in the near term.

Momentum and Volatility


MACD remained in positive territory, with the histogram showing expanding bullish momentum from 0.3700 onward. RSI peaked at overbought territory near 0.3735 and 0.3779, suggesting a possible pullback. Bollinger Bands expanded significantly as the price moved toward the upper band, reflecting rising volatility.

Volume and Turnover


Volume and turnover both rose sharply during the final 6 hours of the 24-hour period, particularly from 15:00 to 17:00 ET. This confirmed the strength of the upward move, but traders should remain cautious as divergence between volume and price can signal exhaustion.

Forward-Looking View


With key resistance at 0.3775–0.3791 now tested, the pair may consolidate around the 61.8% Fibonacci retracement at 0.3753. A break above 0.3779 could signal a continuation, but overbought momentum increases short-term correction risks. Investors should closely watch for volume divergence or a rejection near 0.3750 in the next 24 hours.