Market Overview for Spell Token/Tether (2026-01-18)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Sunday, Jan 18, 2026 10:59 pm ET1min read
SPELL
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Aime RobotAime Summary

- Spell/USDT consolidates between 0.0002706-0.0002739, with a bullish engulfing pattern followed by bearish reversal near 0.0002766.

- Surging volume during 21:45-22:00 ET confirmed the reversal, while RSI overbought conditions and wide Bollinger Bands highlight volatility.

- A 61.8% Fibonacci level at 0.0002718 acts as key support, but diverging turnover during 02:00-03:00 ET signals weakening momentum.

- Traders monitor potential tests of 0.0002718 support or 0.0002766 resistance, with breakdown risks below 0.0002706 triggering deeper pullbacks.

Summary
• Price consolidates between 0.0002706 and 0.0002739, with a bullish engulfing pattern forming near 0.0002766.
• Volume surged during the 21:45–22:00 ET window, confirming a bearish reversal as price pulled back.
• RSI indicates mild overbought conditions near 0.0002766, while Bollinger Bands suggest moderate volatility.
• A key 61.8% Fibonacci retracement level is forming at 0.0002718, offering possible short-term support.
• Turnover diverged during the 02:00–03:00 ET period, signaling caution in momentum.

24-Hour Price and Volume Snapshot

Spell Token/Tether (SPELLUSDT) opened at 0.0002709 and closed at 0.0002710 within the 24-hour period. The price reached a high of 0.0002883 and a low of 0.0002692. Total volume traded over the 24-hour window was approximately 999,814,801.0 units, with notional turnover amounting to 276,884.19 USDT.

Price Structure and Key Levels

Price has been consolidating within a 0.0002706–0.0002739 range for much of the period. A strong bearish reversal became evident after a large bullish engulfing candle formed near 0.0002766, followed by a sharp pullback. A 61.8% Fibonacci retracement level at 0.0002718 has since appeared to act as support.

Volatility and Momentum

Bollinger Bands remained moderately wide, suggesting ongoing volatility. RSI reached overbought territory near 0.0002766, indicating potential exhaustion on the upside. MACD showed a bearish crossover late in the session, reinforcing the possibility of a short-term pullback.

Volume and Turnover Divergences

Volume spiked significantly during the 21:45–22:00 ET window, coinciding with a bearish price reversal. However, turnover diverged from price in the 02:00–03:00 ET period, suggesting weakening conviction. Divergences between volume and price may signal a shift in momentum.

Outlook and Risk Considerations

Price appears to be preparing for a potential test of support at 0.0002718 or a retest of resistance near 0.0002766. Traders should monitor volume and RSI for further confirmation. A breakdown below 0.0002706 could trigger increased volatility and a deeper pullback. Investors may consider hedging short-term positions as uncertainty persists.