Market Overview for Starknet/Tether (STRKUSDT) as of 2026-01-07

Summary
• STRKUSDT consolidates near 0.0904–0.0913 key resistance with bearish momentum.
• High 5-min volatility seen midday, but volume remains muted near daily close.
• RSI approaches overbought territory post-breakout, signaling potential pullback risk.
• Bollinger Bands tighten in late hours, hinting at possible breakout or reversal.
• On-balance volume and price action show divergence in late afternoon sell-off.

Starknet/Tether (STRKUSDT) opened at 0.0910 on 2026-01-06 12:00 ET and closed at 0.0904 on 2026-01-07 12:00 ET. The pair reached a high of 0.0929 and a low of 0.0876 over the 24-hour period. Total volume was 41.26 million, with turnover amounting to 3.69 million USDT.

Structure & Key Levels

Price tested the 0.0904–0.0913 cluster multiple times on the 5-minute chart, with a bullish engulfing pattern forming at the close of 2026-01-06 21:30 ET as the price rebounded from 0.0914 to 0.0920. A bearish reversal occurred at 0.0920, marked by a long upper shadow in the 21:45 ET candle. On the daily chart, 0.0904 and 0.0913 appear as critical support and resistance, respectively.

Moving Averages and Momentum

On the 5-minute chart, the 20-EMA ran above the 50-EMA during the midday rally, confirming bullish momentum. However, by 04:00 ET, the 50-EMA crossed below the 20-EMA, signaling a potential trend shift. On the daily chart, the 50-EMA sits above the 100-EMA and 200-EMA, suggesting a neutral to mildly bullish setup.

The MACD histogram showed a bullish peak at 0.0920 before diverging with price in the late afternoon, indicating weakening upside momentum. RSI hit 62–64 in the early morning and drifted to mid-50s, signaling moderate strength but not overbought conditions.

Volatility and Bollinger Bands

Volatility expanded during the 19:00–21:30 ET window as STRKUSDT traded between 0.0887 and 0.0929. Bollinger Bands widened accordingly, but after 22:00 ET, volatility contracted as the price consolidated within the bands, indicating indecision. The 12:00 ET close at 0.0904 sat just below the 20-period Bollinger midline, suggesting a possible test of the upper band in the next session.

Volume and Turnover Analysis

Volume remained above average during the early sell-off from 0.0913 to 0.0891 in the 18:00–19:00 ET window, confirming the bearish move. However, subsequent rallies showed weaker volume, suggesting waning buyer enthusiasm. Turnover peaked at 0.0920 but declined sharply after 04:00 ET as volume waned.

Fibonacci Retracements

The key 5-minute retracement levels (38.2% and 61.8%) were tested in the 04:00–06:00 ET timeframe, with the 61.8% retracement at 0.0908 acting as a strong support. Daily Fibonacci levels, based on the 0.0876–0.0929 swing, show 0.0904 as the 50% retracement level, which appears to be a probable support for near-term stability.

Market participants should monitor the 0.0904–0.0913 level cluster for a potential breakout or reversal. A break above 0.0913 could signal a resumption of bullish momentum, while a breakdown below 0.0904 may trigger further short-term selling. Given the recent divergence in MACD and the tight Bollinger Bands, the next 24 hours could bring a volatile reversal or continuation—investors are advised to remain cautious and watch for volume confirmation.