Market Overview: Streamr/Tether (DATAUSDT) 24-Hour Analysis

Summary
• Streamr/Tether (DATAUSDT) declined 1.34% over the last 24 hours, breaking below key support at 0.00515.
• Volume surged 12–15x during late-night hours, confirming bearish momentum despite consolidation in RSI.
• A bearish engulfing pattern formed near 0.00525, suggesting short-term continuation of the downward move.

Streamr/Tether (DATAUSDT) opened at 0.0053 on 2026-01-11 12:00 ET, reached a high of 0.0053, a low of 0.00501, and closed at 0.0051 on 2026-01-12 12:00 ET. Total volume was 22,866,392.5 and turnover amounted to 116,018.57.

Structure & Formations

Price action formed a bearish continuation pattern with a key bearish engulfing candle at 0.00525. The breakdown below 0.00515 marked a short-term support level, which now acts as a dynamic resistance on any rebound. A doji appeared near 0.00512 in the early morning, signaling potential exhaustion in the downward move.

Moving Averages

The 5-minute 20/50 EMA crossed bearishly below price during the breakdown, confirming the short-term downtrend. On the daily chart, the 50/100 EMA remains bullish, but the 200 EMA at ~0.00518 is now a psychological hurdle for further downside.

MACD & RSI

MACD turned negative in the final hours, confirming bearish momentum. RSI is now at 34, near oversold territory, suggesting a potential rebound may be in play. However, bearish divergence in the RSI suggests caution for longs.

Bollinger Bands

Price collapsed below the lower band of the 20-period BB early on, indicating heightened volatility. A recent contraction in band width suggests a possible reversal, though bearish pressure remains intact.

Volume & Turnover

Volume spiked sharply in the 02:00–06:00 ET window, with a turnover surge exceeding $9k. This confirms distribution at higher levels. A divergence between volume and price is not present, reinforcing the bearish signal.

Fibonacci Retracements

A 61.8% retracement level of the 0.0053–0.00501 swing aligns near 0.00509. A 38.2% level is at ~0.00517. Price remains in a bearish retracement path and could test the 50% level at ~0.00515.

In the next 24 hours, a rebound toward 0.00515 may be tested, but without a strong bullish close above 0.00518, the bearish bias is likely to remain. Investors should watch for a break below 0.00509 as a potential catalyst for deeper corrections.