Market Overview for Solana/Tether (SOLUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 12:42 pm ET1min read
SOL
--
Aime RobotAime Summary

- Solana/Tether (SOLUSDT) dropped from $144.03 to $140.91 amid rising volume and bearish momentum indicators.

- Key support at $140.68 tested, with RSI near oversold levels and Bollinger Bands widening post-15:45 ET.

- Volume surged 85,000

SOL
during breakdown below $142.50, confirming bearish bias with potential 61.8% Fib target at $140.91.

- Bearish engulfing pattern and failed 38.2% Fib resistance suggest further downside risks if $140.68 support breaks.

Summary
• Price declined from $144.03 to $140.78 on rising volume and bearish momentum.
• Key support tested around $140.26-$140.68, with a potential 61.8% Fib level at $140.91.
• RSI approached oversold territory, suggesting short-term mean reversion potential.
• Volume surged during the breakdown below $142.50, confirming bearish bias.
• Bollinger Bands widened post-15:45 ET, reflecting heightened volatility.

Solana/Tether (SOLUSDT) opened at $143.1 on 2026-01-15 12:00 ET, reached a high of $144.03, and closed at $140.91 by 12:00 ET on 2026-01-16. The low was $140.26. Total volume amounted to 466,643.88, and notional turnover totaled $65,159,748.

Structure & Moving Averages


The price broke below a key 20-period moving average on the 5-minute chart around $143.0, confirming a bearish bias. Daily chart averages (50, 100, 200) appear to be trending downward, with the close at $140.91 potentially testing the 200-day average as a critical support. A breakdown below $140.68 could signal further momentum to the 61.8% Fibonacci retracement level at $140.91.

Momentum & Volatility


Momentum, as measured by MACD and RSI, turned bearish after 18:00 ET on 2026-01-15. RSI hit oversold levels below 30 near $140.78, suggesting a short-term bounce may be in play. Bollinger Bands expanded after 15:45 ET, indicating increased volatility ahead of a sharp downward move.

Volume & Turnover Dynamics


Volume spiked dramatically in the 15:45–16:00 ET timeframe, with over 85,000 SOL traded as price fell from $142.04 to $140.91. Notional turnover exceeded $12 million during this phase, signaling strong conviction in the bearish move. A divergence between price and volume was observed in the final hours, hinting at potential short-term exhaustion.

Candlestick Patterns & Fibonacci Levels

A bearish engulfing pattern formed after 15:45 ET, supporting the breakdown. A 38.2% Fibonacci retracement level at $141.65 appears to have failed as resistance. Price may test the 61.8% level at $140.91 next, where a potential reversal or consolidation could occur.

If the $140.68 level holds, a rebound into the $141.20–141.65 range could occur, but a break below $140.68 could accelerate the downward trend. Investors should remain cautious as volatility remains elevated.