Market Overview: Streamr/Tether (DATAUSDT) – Volatility and Bearish Momentum

Summary
• Price declined on expanding bearish momentum, breaking below key support at 0.00485.
• Bollinger Band contraction preceded a sharp break and increased volatility in early ET hours.
• Volume surged at 12:30–12:45 ET, yet price action failed to confirm bullish strength.
• RSI and MACD suggest overbought conditions were followed by a sharp divergence.

Streamr/Tether (DATAUSDT) opened at 0.00496 on 2026-01-17 at 12:00 ET and closed at 0.00487 on 2026-01-18 at 12:00 ET, with a high of 0.00512 and a low of 0.00481. Total volume was 152,511,286.5 and turnover reached approximately $77,369.07 over the 24-hour period.

The pair experienced a bearish reversal in the early hours of 2026-01-18, as price moved below key support at 0.00485 and continued lower toward 0.00481. Bollinger Bands showed a period of consolidation prior to the break, which was followed by a sharp expansion as volatility increased. MACD and RSI showed signs of overbought levels being followed by divergence, which may have signaled a potential reversal.

Structure & Formations

Key support levels emerged at 0.00481–0.00485, with a bearish breakdown confirmed around 12:45 ET. A large bearish candle at 12:15–12:30 ET indicated strong selling pressure. A potential short-term reversal pattern could form near 0.00478–0.00480 if buyers re-enter the market.

Moving Averages

On the 5-minute chart, the 20-period MA acted as resistance in the 0.00487–0.00491 range, and the 50-period MA trended downward in the last 4 hours. Daily MAs (50/100/200) showed a neutral-to-bearish bias, with price below the 100-period MA for the first time in several days.

Volume & Turnover

Volume surged to over 28 million at 12:30–12:45 ET, but the price failed to close above the 0.0049 level. This divergence suggests a potential exhaustion of bearish momentum. Turnover spiked alongside volume, but without a corresponding rebound in price.

Bollinger Bands

Bands were narrow before the break and widened sharply after the 12:15 ET candle, indicating a burst in volatility. Price now appears to be consolidating within the lower half of the band, which could suggest a potential bounce toward 0.00485–0.00487.

Fibonacci Retracements

Key Fibonacci levels from the 0.00512 high to 0.00481 low include 0.00497 (38.2%) and 0.00489 (61.8%). Price appears to be testing the 61.8% retracement as a potential near-term floor.

The next 24 hours could see a test of the 0.00478–0.00480 zone, with a possible bounce or a further extension toward 0.00475–0.00477. Investors should remain cautious of increased volatility and consider placing stop-loss orders below 0.00480 for short-term traders.