Market Overview: Sonic/Tether 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 8:07 pm ET1min read
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Aime RobotAime Summary

- Sonic/Tether (SUSDT) plummeted from 0.0904 to 0.0844 amid surging volume after 03:30 ET, confirming bearish momentum.

- RSI entered oversold territory near 30 while price traded near Bollinger Bands' lower band, signaling high volatility and compressed range.

- Key support at 0.0841-0.0844 formed after two bounces, aligning with 61.8% Fibonacci retracement level for potential short-term stability.

- Bearish engulfing patterns and sustained volume above $227k reinforce downward bias, with 0.0832 as next critical target if support breaks.

Summary
• Price dropped from 0.0904 to 0.0844 amid increasing bearish momentum.
• Volume surged during the decline, especially after 03:30 ET, validating the move.
• RSI shows oversold territory near 30, hinting at possible near-term support.
• A key support level appears forming near 0.0841–0.0844.
• Bollinger Bands show price near the lower band, indicating high volatility and compressed range.

Sonic/Tether (SUSDT) opened at 0.0904 on 2026-01-14 12:00 ET and closed at 0.0844 on 2026-01-15 12:00 ET, hitting a high of 0.0904 and a low of 0.0817. Total volume amounted to 33,855,540.0 and turnover reached 2,859,905.15. The pair showed strong bearish bias throughout the day, with increasing volume confirming the downward move.

Structure & Candlestick Formations


Price action featured multiple bearish engulfing patterns, especially after 03:30 ET when Sonic/Tether broke below 0.086 and accelerated toward 0.0844. A long bearish shadow formed between 02:45 ET and 03:30 ET at 0.0866, signaling rejection of higher levels. Key support appears to be forming near 0.0841–0.0844, where price has bounced twice in the last 12 hours.

Moving Averages


On the 5-minute chart, price closed well below the 20 and 50-period moving averages, confirming a short-term bearish trend. Daily moving averages would be expected to reinforce the bearish bias if the 50-period line is below the 100 and 200-period lines, which is likely given the sharp drop in the past 24 hours.

Momentum and RSI

Relative Strength Index (RSI) has dropped into oversold territory near 30, suggesting potential for a short-term rebound. However, divergence between RSI and price remains weak, with RSI showing minimal bounce despite some consolidation. This suggests the bounce could be limited.

Bollinger Bands and Volatility


Price has traded near or below the lower Bollinger Band for much of the day, indicating high volatility and bearish control. The band width has expanded significantly since the drop began, reflecting increased uncertainty in the market.

Volume and Turnover


Volume spiked sharply during the decline, especially between 03:30 ET and 05:00 ET, with a peak of 2.68 million at 03:30 ET. This volume confirmed the bearish breakout. Notional turnover also rose, reaching over $227k during this period. Price and volume moved in alignment, reinforcing the bearish move.

Fibonacci Retracements


The 0.0844 level appears to align with the 61.8% Fibonacci retracement of the key 0.0904–0.0817 move, offering a possible temporary support. A break below this level could extend the decline toward 0.0832, the 78.6% retracement, or even lower.

Looking ahead, Sonic/Tether may consolidate near the 0.0844–0.0847 level in the short term, with a potential test of the 0.0832–0.0835 support zone. Traders should remain cautious for further downside if volume remains strong and RSI fails to rebound meaningfully.