Market Overview for Sophon/Tether (SOPHUSDT) on 2026-01-18

Sunday, Jan 18, 2026 10:19 pm ET1min read
Aime RobotAime Summary

- SOPHUSDT formed a bullish engulfing pattern near 0.01354, with 20-period MA crossing above 50-period MA on 5-min chart.

- Price tested 0.01332 support as Bollinger Bands widened, reaching 0.01368 upper band during late-night volatility.

- Volume spiked over 1.1M at 17:00 ET, aligning with $15,715 turnover surge and key resistance break above 0.01368.

- RSI showed overbought/oversold extremes without divergence, while price found 38.2% Fibonacci support at 0.01346.

Summary
• Sophon/Tether (SOPHUSDT) formed a bullish engulfing pattern near 0.01354, suggesting potential upward momentum.
• Price tested key support at 0.01332 and 0.0134, with a 20-period MA (5-min) crossing above the 50-period MA.
• Volatility expanded after 0.0134, with Bollinger Bands widening and price near the upper band around 0.01368.
• Turnover surged in early morning ET, reaching $15,715 at 11:15 ET, while volume spiked over 1.1M at 17:00 ET.
• RSI signaled overbought conditions above 0.01366 and oversold below 0.01338, with no clear divergence observed.

Sophon/Tether (SOPHUSDT) opened at 0.01348 on 2026-01-17, rose to a high of 0.01373, and fell to a low of 0.01325, closing at 0.01356 on 2026-01-18. Total volume was 11,496,370, and notional turnover amounted to $157,158.44 over 24 hours.

Structure and Momentum


The price displayed a clear bullish reversal pattern in the 5-minute chart near 0.01354, with a strong engulfing candle around 0.01351-0.01359. Key resistances emerged around 0.01368 and 0.01373, while supports formed near 0.0134 and 0.01332. The 20-period MA crossed above the 50-period MA, indicating a potential short-term bullish bias.

Volatility and Volume


Bollinger Bands expanded significantly during the late-night hours, with price reaching the upper band at 0.01368. Volume spiked above 1.1M around 17:00 ET, confirming the break above key resistance levels. Turnover aligned with volume surges, showing no divergence between price and trading activity.

Relative Strength and Fibonacci Levels


RSI reached overbought territory above 0.01366 and oversold below 0.01338, but no clear divergence suggested exhaustion. Price recently found support at the 38.2% Fibonacci level (0.01346) following a downward swing from 0.01373, with potential for a test of the 61.8% level at 0.01355.

Looking ahead,

may consolidate near 0.01355-0.0136 if buyers hold key Fibonacci levels. Traders should monitor volume at 0.0134 for potential breakdowns and consider managing risk with stop-loss placements near 0.01335, as volatility remains elevated.