Market Overview for Streamr/Tether (DATAUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 2, 2026 8:18 am ET1min read
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Aime RobotAime Summary

- Streamr/Tether (DATAUSDT) price broke below 0.00598 support, confirmed by a bearish engulfing pattern at 0.00602.

- RSI approached oversold levels (<25) and Bollinger Bands tightened, signaling potential volatility expansion after consolidation.

- Final 5-minute volume surged to $246k, indicating aggressive shorting/distribution as price fell to 0.00452 (24-hour low).

- A falling wedge formation and MACD bearish crossover reinforce downside bias, with 0.00435 as next critical support level.

Summary
• Price action showed a bearish breakout below 0.00598 following a failed bullish rebound.
• Momentum accelerated downward with RSI approaching oversold levels, signaling potential exhaustion.
• Volume surged over $203k in the final 5-minute window, highlighting sharp distribution at higher levels.
• A bearish engulfing pattern formed near 0.00602, confirming a reversal in intraday sentiment.
• Bollinger Bands tightened in the final hour, suggesting a high volatility break could follow.

The Streamr/Tether pair (DATAUSDT) opened at 0.00599 on January 1, 2026, and traded as high as 0.0074 before plunging to a 24-hour low of 0.00452. At 12:00 ET on January 2, the price closed at 0.0046. Total volume reached 53.7 million USDT, with turnover exceeding $246k in the final 5-minute session alone.

Structure & Formations


A bearish engulfing pattern emerged at 0.00602, suggesting a key intraday reversal. Price later broke below 0.00598, a level that had previously acted as support, opening the path for a test of 0.00452—its 24-hour low. A falling wedge formed in the final 24 hours, with a potential breakdown expected as volume spiked and momentum accelerated.

Volatility and Momentum


Bollinger Bands compressed sharply in the final 90 minutes, signaling a period of consolidation before a likely breakout. RSI approached oversold territory below 25, suggesting a potential pause in the bearish move, though bearish momentum remains strong. MACD crossed below the signal line, reinforcing the downward bias.

Volume and Turnover Divergence


Volume remained moderate until the final hour, when it surged dramatically in a single 5-minute interval, with a turnover of $246k. This suggests a large-scale distribution event or aggressive shorting activity, potentially exhausting near-term sellers. Price and turnover aligned during the final dive, indicating strong conviction in the bearish move.

The market appears to be entering a phase of consolidation after a sharp selloff. A rebound near 0.00452 could stall further downside, but a break below 0.00435 may reignite the downward trend. Investors should remain cautious and watch for volatility expansion from the tight Bollinger Bands as the next 24-hour window begins.