Summary
•
tested 0.00521 support and rebounded, with a bullish engulfing pattern at 0.00524–0.00525.
• RSI oversold levels were approached, indicating potential short-term buying pressure.
• Volatility remained compressed, with Bollinger Band width narrowing near 0.00515–0.00523.
• Volume spiked during the 0.00526–0.00521 retracement, supporting a possible bullish reversal.
• Price remained below the 50-period 5-min MA, suggesting caution ahead of a potential breakout.
Streamr/Tether (DATAUSDT) opened at 0.00524 on 2026-01-09 at 12:00 ET and traded between 0.0051 and 0.00532, closing at 0.00528 as of 12:00 ET on 2026-01-10. Total 24-hour volume reached 21,975,692.5, with a notional turnover of 115,027.18 USD.
Structure & Moving Averages
Price action on DATAUSDT showed a distinct consolidation between 0.00515 and 0.00526, with the 50-period 5-min MA sitting around 0.00522–0.00523. A bullish engulfing pattern formed near 0.00524–0.00525, signaling a potential short-term reversal.
The 20-period MA provided initial resistance near 0.00526, which price tested but failed to break decisively.
Momentum & Volatility
RSI reached oversold levels near 30 in the early hours of 01:00–03:00 ET, suggesting a probable short-term rebound. The MACD histogram showed a gradual narrowing, indicating waning momentum. Bollinger Bands remained compressed between 0.00515 and 0.00523, signaling low volatility and a potential breakout ahead.
Volume & Turnover
Volume spiked during the 09:00–14:00 ET period, particularly in the 0.00525–0.00532 range, with turnover reaching 11,050.49 USD in the final 5-minute candle. A divergence between price and volume occurred between 06:00 and 07:00 ET, where price rose but volume fell, suggesting weakening bullish momentum.
Fibonacci Retracements
On the 5-min chart, a key 61.8% Fibonacci retracement level appeared at 0.00526, which coincided with the 50-period MA. Price tested this level twice before settling near 0.00528, suggesting a potential target for near-term buyers.
DATAUSDT appears to be in a period of consolidation, with price hovering near key moving averages and showing signs of a potential bullish reversal. However, traders should remain cautious as volatility remains low and a breakout could go either way. A break above 0.00528 with increased volume may signal further upside, but a retest of 0.00521 or lower could reignite bearish pressure.
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