Market Overview for Syscoin/Tether (SYSUSDT)

Summary
• Price tested key support at $0.02065 before rebounding into consolidation.
• Volume surged during the breakdown attempt but faded afterward, indicating weakening momentum.
• RSI and MACD signaled a bearish divergence during the afternoon, but bullish momentum returned in the evening.
• Volatility remained constrained within a 0.02065–0.02143 range, with a closing bias toward the mid-range.

Syscoin/Tether (SYSUSDT) opened at $0.02109 on 2026-01-13 at 12:00 ET and closed at $0.02117 by 12:00 ET the next day, reaching a high of $0.02197 and a low of $0.02065. Total traded volume amounted to 16,288,425.0 and notional turnover hit $344,028.73, reflecting moderate activity over 24 hours.

Structure & Formations

Price action formed a bullish rebound off the $0.02065 support, which coincided with a 61.8% Fibonacci level from the recent low to high. A bearish engulfing pattern formed at $0.02113–0.02116 during the afternoon, suggesting short-term bearish bias. However, the afternoon breakdown failed, and price returned to consolidate near the mid-range of the 24-hour channel, showing indecision.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages trended slightly downward but converged near $0.0210–0.0211 in the evening, hinting at a possible re-centering of momentum. Daily moving averages showed a bearish bias, with the 50 and 100-period lines below the close, reinforcing the presence of longer-term bearish pressure.

MACD & RSI

The MACD turned negative during the afternoon, with a bearish crossover suggesting a short-term pullback. However, the RSI bottomed at ~30 in the late afternoon, signaling oversold conditions and a potential bounce. By evening, RSI moved back above 50 and MACD showed a bullish divergence, suggesting short-term momentum could favor buyers.

Bollinger Bands

Volatility expanded during the early afternoon as price broke below the lower band, reaching $0.02065. Price then rebounded and spent the remainder of the session consolidating closer to the middle band, indicating waning volatility and a potential pause in directional movement.

Volume & Turnover

Volume spiked during the afternoon breakdown attempt, with over 1.22M units traded at $0.02059. However, volume declined sharply afterward, suggesting the breakdown lacked follow-through. Turnover confirmed this, with the largest trade occurring at $0.02119–0.02091 during the late evening consolidation.

Fibonacci Retracements

On the 5-minute chart, price found support at the 61.8% retracement level of $0.02065 from the earlier $0.02143 high. For the daily chart, the $0.02065 level also served as a key Fibonacci support, suggesting a potential floor for further declines if the breakdown attempt resumes.

Over the next 24 hours, SYSUSDT may test the $0.02143–0.0215 range as overhead resistance. A successful break above could trigger a retest of the $0.0217–0.0218 levels. However, a retest of $0.02065 may be expected if buyers falter. Investors should remain cautious for divergences in RSI and a potential false breakout.