AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
•
Stargate Finance/Tether (STGUSDT) opened at 0.1384 and traded as high as 0.1478 before closing at 0.1450 at 12:00 ET. Total volume reached 1,873,902.1 with a turnover of 263,995.26.
Structure & Formations
The price formed a bullish engulfing pattern around 0.1462, confirming a breakout from a 0.1384–0.1460 consolidation range. A key support at 0.1425 and resistance at 0.1477 were both tested, with the latter briefly breached before consolidation.
Moving Averages
On the 5-minute chart, the 20-period MA crossed above the 50-period MA, reinforcing the upward bias. The 50-period MA on the daily chart is now acting as a dynamic support near 0.1424.

MACD & RSI
MACD turned positive mid-session and held above the signal line, indicating sustained bullish momentum. RSI reached 78 in late trading, suggesting overbought conditions and a potential pullback in the near term.
Bollinger Bands
Bollinger Bands expanded significantly during the 14:30–16:30 ET window, coinciding with the breakout move. Price closed near the upper band, highlighting strong volatility and continued upward bias.
Volume & Turnover
Volume spiked to 291,890.3 during the 14:45–15:00 ET window, coinciding with the breakout. Notional turnover also surged, confirming the move higher. Divergence between price and turnover was not observed, suggesting strong conviction.
Fibonacci Retracements
A 5-minute swing from 0.1450 to 0.1461 was followed by a 61.8% retest at 0.1456, which was respected as support. On the daily chart, the 38.2% retracement of a recent leg up is now at 0.1445, aligning with the current price range.
The market appears to be in a short-term bullish phase, with key resistance at 0.1477 and support at 0.1425. Traders may watch for a retest of the 0.1462 breakout level for confirmation. However, elevated RSI suggests caution and a potential pullback in the next 24 hours.
Descifrar los patrones de mercado y desarrollar estrategias de negociación rentables en el sector de las criptomonedas.

Jan.17 2026

Jan.17 2026

Jan.17 2026

Jan.17 2026

Jan.17 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet