Market Overview for Sonic/Tether (SUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 8:25 pm ET1min read
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Aime RobotAime Summary

- Sonic/Tether (SUSDT) dropped 0.0972→0.0924 via bearish engulfing pattern and expanding bear momentum.

- RSI/MACD show bearish divergence while Bollinger Bands contract and price hits lower band.

- Volume spiked during initial decline but waned at 0.0924, with Fibonacci support/resistance at 0.0936-0.0949.

- 5-minute chart shows 20/50 SMA below price and 200-period MA confirming ongoing downtrend.

Summary
• Price declined from 0.0972 to 0.0924 on a bearish engulfing pattern and increasing bear momentum.
• RSI and MACD both show bearish divergence, suggesting further downside risk.
• Bollinger Bands contract and price hits lower band, signaling potential oversold conditions.
• Volume spiked during early dip, confirming bearish sentiment.
• Fibonacci levels at 0.0936 and 0.0949 could offer initial support and resistance.

At 12:00 ET–1, Sonic/Tether (SUSDT) opened at 0.0967, reached a high of 0.0983, and closed at 0.0924 by 12:00 ET. Total volume was 24,914,512.7 and turnover amounted to $2,327,642.10.

Structure & Formations


Price action displayed a bearish engulfing pattern during the early dip to 0.0948, indicating a shift in sentiment. A doji formed near 0.0955, signaling potential exhaustion. Resistance levels at 0.0964 and 0.0971 appear significant, with support at 0.0949 and 0.0936 likely to be tested.

Moving Averages


Short-term moving averages (20/50) on the 5-minute chart have dipped below price, reinforcing bearish momentum. Longer-term averages (50/100/200) are also bearish, with price trading below the 200-period MA, suggesting a downtrend is in place.

MACD & RSI


MACD crossed bearishly into negative territory, with a bearish divergence forming on RSI as price hit new lows while RSI failed to make lower highs. RSI dipped into oversold territory below 30, but with no immediate signs of a bounce.

Bollinger Bands


Volatility expanded during the early decline, with price hitting the lower Bollinger Band multiple times. A contraction in band width was observed prior to the breakdown, signaling increased consolidation before the move.

Volume & Turnover


Volume increased notably during the initial leg down to 0.0948, confirming bear pressure. However, volume during the final leg to 0.0924 was slightly lower, indicating possible exhaustion. Turnover also rose during the key breakdown, reinforcing bear confirmation.

Fibonacci Retracements


On the most recent 5-minute swing from 0.0972 to 0.0948, 38.2% and 61.8% retracement levels align with current support at 0.0960 and 0.0955. On the daily chart, the 38.2% level at 0.0936 and 61.8% at 0.0949 could act as short-term support.

SUSDT appears to be in a bearish consolidation phase ahead of key Fibonacci levels. A break below 0.0921 may extend the selloff, while a retest of 0.0949 could offer a short-term bounce. Investors should remain cautious of volatility and divergences.