Market Overview for Stratis/Tether (STRAXUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 8, 2026 4:17 pm ET1min read
STRAX
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Aime RobotAime Summary

- STRAXUSDT surged past 0.0265 with a bullish engulfing pattern, confirming a breakout above key resistance.

- Volume spiked to 26 million during the rally, while RSI entered overbought territory and Bollinger Bands narrowed pre-breakout.

- Price consolidated near 0.0259-0.0265, with Fibonacci levels suggesting potential targets at 0.0283 and risks of a pullback to 0.0259.

Summary
•

STRAXUSDT
surged past 0.0229, forming a bullish engulfing pattern before consolidating near 0.0259.
• Volume spiked over 26 million on the 5-min chart during the 10:45–11:00 ET window, confirming a rally.
• RSI entered overbought territory, while Bollinger Bands narrowed ahead of a sharp upward breakout.

Stratis/Tether (STRAXUSDT) opened at 0.02248 on 2026-01-07 12:00 ET, surged to 0.0297, fell to 0.0225, and closed at 0.0260 at 12:00 ET. Total volume reached 214.1 million, with turnover of 5.84 million.

Structure and Formations


The 5-min chart showed a strong bullish engulfing pattern forming near 0.0228, followed by a key breakout above 0.0265 and a consolidation phase between 0.0259 and 0.0265. The price has tested support at 0.0258 and resistance at 0.0268 multiple times.

Moving Averages


Short-term moving averages (20/50) on the 5-min chart crossed above key resistance levels during the breakout, reinforcing upward momentum. On the daily timeframe, the 50-period MA sits at 0.0251 and appears to be lagging the recent surge.

MACD and RSI


MACD turned positive and showed increasing histogram bars during the midday rally, confirming bullish momentum. RSI surged into overbought territory above 70 during the 10:45–11:15 ET window, suggesting potential near-term exhaustion or continuation, depending on volume.

Bollinger Bands


Bollinger Bands tightened before the breakout, indicating a contraction in volatility and potential for a move. After the sharp rally, price closed just below the upper band at 0.0265, suggesting the move remains intact but with some consolidation expected.

Volume and Turnover


Volume peaked at 15.48 million during the breakout phase, with turnover reaching $419,459.96 at 10:45 ET, confirming the strength of the move. A divergence between volume and price could signal a potential pullback, but so far, volume has supported the rally.

Fibonacci Retracements


The recent 5-min rally extended beyond the 61.8% Fibonacci level of 0.0262, reaching 0.0265 and consolidating. On the daily chart, the 38.2% retracement level at 0.0257 acted as support, and the next target could be the 78.6% level at 0.0283.

Looking ahead, STRAXUSDT appears poised to test 0.0268 resistance over the next 24 hours, with a pullback to 0.0259 as a possible near-term risk. Investors should monitor volume divergence and RSI behavior for early signs of topping.