Market Overview for Storj/Tether (STORJUSDT) as of 2026-01-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byDavid Feng
Sunday, Jan 18, 2026 2:43 pm ET1min read
USDT
--
STORJ
--
Aime RobotAime Summary

- STORJ/USDT broke below 0.1450 with high-volume confirmation, forming bearish engulfing patterns after testing key resistance at 0.1470.

- RSI entered oversold territory near 0.1430 while Bollinger Bands showed sharp contraction followed by downward deviation, signaling heightened volatility.

- Daily volume surged during the breakdown but later diverged from price action, suggesting potential consolidation as 0.1430 support holds temporarily.

- A test of 0.1440-0.1445 resistance could trigger further declines toward 0.1420 if bearish momentum persists despite short-term rebound potential.

Summary
• Price tested key resistance near 0.1470 but reversed lower, forming bearish engulfing patterns.
• RSI dipped into oversold territory below 30, suggesting possible near-term rebound potential.
• Volatility expanded in early morning trading with a high-volume break below 0.1450.
• Bollinger Bands showed contraction mid-day, followed by a sharp deviation to the downside.

Market Overview


Storj/Tether (STORJUSDT) opened at 0.1465 on 2026-01-17 at 12:00 ET, reached a high of 0.1478, a low of 0.1413, and closed at 0.1430 on 2026-01-18 at 12:00 ET. Total traded volume was 2,125,867.0, with a notional turnover of 299,871.39 USDT over the 24-hour period.

Structure & Formations


Price action showed multiple bearish engulfing patterns as Storj/Tether broke below 0.1465 and pushed lower through 0.1450, confirming a short-term breakdown. A key support level appears to have formed near 0.1430, where price found a temporary floor. The 0.1470–0.1476 range acted as a strong resistance, with several attempts to reclaim it failing.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages are bearishly aligned, indicating a downward bias. For the daily chart, the 50-day and 200-day averages remain unchanged in structure, but the 100-day MA appears to be catching up from a lagging position, signaling potential consolidation ahead.

Momentum and RSI


The RSI for the 5-minute chart fell into oversold territory around 0.1430, suggesting a potential bounce from this level. However, momentum has been negative throughout the day, with MACD lines remaining in bearish territory and the histogram showing a shrinking bearish divergence.

Volatility and Bollinger Bands


Bollinger Bands showed a narrow contraction during midday trading before expanding sharply in the early morning hours as price broke below 0.1450. Price has since traded outside the lower band, indicating heightened volatility and a possible continuation of the downward move.

Volume and Turnover


Volume surged during the breakdown below 0.1450, with a 5-minute candle showing over 286,010 volume units and a turnover of 4,166.95 USDT. This confirms the bearish move, while later volume has remained moderate without clear follow-through. A divergence appears between price and turnover late in the session, signaling a potential pause or consolidation ahead.

Forward-Looking Observations and Risk


A test of the 0.1430 level could see a temporary bounce, especially if RSI rebounds. However, if the 0.1440–0.1445 zone fails to hold as a near-term resistance, further downside into 0.1420 could follow. Investors should remain cautious, as volatility remains elevated and divergence between volume and price may signal indecision in the market.