Market Overview for Stratis/Tether (STRAXUSDT) on 2026-01-18

Sunday, Jan 18, 2026 3:41 pm ET1min read
Aime RobotAime Summary

- STRAXUSDT tested key support at 0.02210-0.02220 before rebounding, with RSI bearish divergence and low-volume consolidation signaling caution.

- Afternoon volatility spiked above 0.02260 but failed to hold, closing near 0.02221 with 13.5M STRAX traded and 307K USDT turnover.

- Bearish engulfing patterns and moving average crossovers reinforced downward momentum, while waning volume suggests potential exhaustion in bullish attempts.

Summary

tested key support near 0.02210–0.02220 before rebounding.
• A bearish divergence in RSI and low-volume consolidation at 0.02220–0.02240 suggests caution.
• Volatility spiked above 0.02260 in the afternoon, but failed to hold above it.

At 12:00 ET, Stratis/Tether (STRAXUSDT) opened at 0.02241, reached a high of 0.02300, and closed at 0.02221 after hitting a low of 0.02193. Total volume for the 24-hour period was approximately 13.5 million STRAX, with turnover of around 307,000 USDT.

Structure and Trending Formations



The price action saw a sharp rally in the late afternoon, breaking above 0.02260, but failed to hold the level. A key support zone developed around 0.02210–0.02220, where the price found a floor and bounced for several hours. A potential bearish engulfing pattern formed on the 5-minute chart near the 0.02240–0.02250 range, signaling potential bearish momentum.

Moving Averages and Momentum


The 20-period and 50-period moving averages on the 5-minute chart crossed bearishly in the late afternoon, supporting the downtrend. RSI showed signs of overbought conditions near 0.02260 but quickly rolled into oversold territory as the price corrected. This suggests a lack of conviction in the bullish move earlier in the day.

Volatility and Bollinger Bands


Bollinger Bands saw a slight expansion after 18:00 ET, coinciding with the breakout attempt above 0.02260. However, the price closed near the lower band by 00:00 ET, showing a contraction in volatility and a return to consolidation.

Volume and Turnover Dynamics

Volume surged during the afternoon rally, with over 500,000 STRAX traded in a 15-minute period. However, volume dried up after the price failed to hold above 0.02260, suggesting exhaustion in the bullish move. Turnover also declined sharply after 00:00 ET as price action stabilized near 0.02220.

STRAXUSDT may face renewed pressure if the 0.02220 level breaks, with a possible target near 0.02200. A retest of the 0.02240–0.02250 range could trigger a short-term bounce, but traders should remain cautious of fading volume and bearish momentum.