Market Overview for Solana/Tether (SOLUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 17, 2026 12:39 pm ET1min read
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Aime RobotAime Summary

- Solana/Tether (SOLUSDT) traded in a 143.32–145.55 range, with key support/resistance at 143.8–144.4.

- A bullish 5-minute engulfing pattern at 143.75–144.14 and surging volume at 144.6–144.9 confirmed short-term buying momentum.

- RSI approached overbought levels (70–75) and Bollinger Bands expanded, signaling heightened volatility but failed breakouts above 144.9.

- 61.8% Fibonacci retracement at 144.2–144.3 acted as a pivotal level, with 144.4–144.6 likely resistance ahead.

Summary
• Solana/Tether traded in a 143.32–145.55 range over 24 hours, with 143.8–144.4 acting as key support/resistance.
• A bullish 5-minute engulfing pattern formed at 143.75–144.14, suggesting short-term buying interest.
• Volume spiked at 144.6–144.9, confirming price action, while RSI hovered near overbought territory in late hours.

Solana/Tether (SOLUSDT) opened at 141.75 on 2026-01-16 at 12:00 ET, reached a high of 145.55, and closed at 143.92 on 2026-01-17 at 12:00 ET. Total volume was approximately 589,723.46 SOL, with a notional turnover of $84,432,221.50.

Structure and Key Levels


Price found strong support near 143.7–143.9 and resistance between 144.4 and 144.7. A notable bullish engulfing pattern occurred on the 5-minute chart following a pullback to 143.75, suggesting short-term buyers took control. A doji formed near 144.75–144.76, hinting at indecision after a breakout attempt.

Trend and Momentum



The 20-period and 50-period SMAs on the 5-minute chart remained in a bullish alignment, with price above both. MACD showed a positive divergence near 144.5, reinforcing strength in the rally. RSI moved into overbought territory (70–75) during the late session, indicating potential for a near-term pullback.

Volatility and Bollinger Bands


Bollinger Bands expanded during the 143.7–144.5 move, reflecting increased volatility. Price tested the upper band twice near 144.7–144.9, but failed to break through. A contraction occurred prior to the morning rally, suggesting a potential for continued rangebound or breakout action.

Volume and Turnover


Volume spiked sharply during the 144.6–144.9 rally, aligning with the price breakout. Turnover increased in tandem, offering confirmation rather than divergence. A volume dip followed the 144.76 doji, reinforcing uncertainty at higher levels.

Fibonacci Retracements


On the 5-minute chart, the 61.8% retracement level at 144.2–144.3 acted as a key pivot during the late rally. On the daily chart, a broader 61.8% retracement at ~144.3 may offer near-term resistance, suggesting a potential for consolidation or reversal.

Price may test 144.4–144.6 resistance in the next 24 hours. Traders should remain cautious as overbought RSI and fading volume could signal a correction.