Market Overview: Streamr/Tether (DATAUSDT) on 2026-01-07

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 9:24 am ET1min read
DATA
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Aime RobotAime Summary

- Streamr/Tether (DATAUSDT) formed a bearish engulfing pattern near 0.00544, followed by a decline to 0.00516 amid oversold RSI conditions.

- Volume surged to 3.8M during the drop, confirming bearish momentum as Bollinger Bands expanded, signaling heightened volatility.

- The 61.8% Fibonacci level at 0.00528 briefly supported price before breaking to 0.00521, with 0.00535 now acting as potential short-term resistance.

- MACD turned negative with a bearish crossover, while 5-minute moving averages crossed bearish, reinforcing downside caution ahead of potential retests.

Summary
• Price action formed a bearish engulfing pattern near 0.00544, followed by a pullback to 0.00521.
• RSI showed overbought conditions early, then fell into oversold territory near 0.00521.
• Volume surged over 3.8M during a sharp decline to 0.00516, confirming bearish momentum.
• Bollinger Bands expanded during the afternoon ET, suggesting increased volatility.
• Fibonacci 61.8% level at 0.00528 acted as a dynamic support before the final drop.

Streamr/Tether (DATAUSDT) opened at 0.00526 on 2026-01-06 12:00 ET, peaked at 0.00555, touched a low of 0.00516, and closed at 0.00529 on 2026-01-07 12:00 ET. The pair saw a 24-hour volume of 56,234,342.3 and turnover of $293,184.38.

Structure & Formations


Key resistance levels emerged around 0.00544–0.00549, where a bearish engulfing pattern formed before a sharp decline. Support was briefly tested at 0.00528 and 0.00521. A long lower shadow on the session’s final candle suggests a potential rebound, but bearish momentum remains intact.

Moving Averages and Momentum



Short-term averages on the 5-minute chart crossed bearish, with the 20SMA pulling below the 50SMA late in the session. RSI dropped into oversold territory near 0.00521 and has shown limited bearish divergence. MACD turned negative with a bearish crossover around 20:30 ET, suggesting continued caution on the downside.

Volatility and Bollinger Bands


Bollinger Bands widened significantly during the afternoon and early evening ET, as a sharp move to 0.00516 increased volatility. Price closed near the lower band, consistent with a potential short-term rebound but with limited bullish conviction.

Volume and Turnover


Volume spiked to over 3.8M during the drop to 0.00516, confirming bearish momentum. Turnover during that period totaled around $20K, indicating strong participation. Price and volume action aligned during the decline, suggesting conviction from sellers.

Fibonacci Retracements


A 61.8% Fibonacci retracement level at 0.00528 provided brief support before price broke down to 0.00521. The 38.2% level at 0.00535 is now a potential short-term resistance if buyers test that area on a rebound.

In the next 24 hours, a retest of the 0.00521 level could determine whether the pullback is corrective or a new bearish phase begins. Traders should watch for a decisive break above 0.00535 as a possible near-term bullish signal, though downside risks remain elevated.