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Summary
• Price drifted lower after initial bullish momentum, closing near session lows.
• Volume and turnover expanded significantly, confirming bearish bias.
• No strong reversal patterns observed; momentum remains weak.
• RSI approached oversold levels, hinting at potential short-term bounce.
• Key support appears at 4.16e-05, with 4.15e-05 next critical threshold.
The Terra Classic/Tether (LUNCUSDT) pair opened at 4.237e-05 on 2026-01-15 12:00 ET and reached a high of 4.29e-05 before trending lower. The 24-hour session closed at 4.177e-05 with a low of 4.142e-05. Total volume amounted to 8.07 billion contracts, while notional turnover reached $344,397.
Structure & Formations
Price moved in a broad descending range with no clear reversal signals. The session saw a few bearish engulfing patterns in the early part of the trade window, particularly between 17:00 and 19:00 ET, followed by a series of lower highs and lower closes. No decisive doji were observed, but price failed to break above 4.29e-05, reinforcing resistance.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages remained in a downward alignment, confirming the bearish bias. Daily MA indicators (50, 100, 200) show a similar trend, suggesting continuation of the bearish setup for at least the next 24 hours.

MACD & RSI
The MACD line crossed below the signal line, reflecting weakening momentum. RSI approached 30, signaling near-oversold territory, but without a corresponding volume increase, it remains uncertain whether a bounce will follow. Divergence between price and RSI suggests caution in interpreting short-term rebounds as sustainable.
Bollinger Bands
Volatility increased during the session, expanding the Bollinger Bands. Price remained below the 20-period moving average and within the lower band for most of the session, consistent with bearish pressure.
Volume & Turnover
Notional turnover spiked during key price declines, especially between 18:00 and 20:00 ET. Volume and turnover were aligned with price action, reinforcing the bearish trend. A divergence could arise if a bounce occurs without matching volume.
Fibonacci Retracements
On the 5-minute chart, price hit the 61.8% Fibonacci level between 17:00 and 19:00 ET but failed to hold. The 38.2% level may act as a potential short-term bounce zone, but without a strong reversal confirmation, further downside seems likely.
The market appears poised to test 4.15e-05 in the next 24 hours, with a potential for consolidation if the RSI gains steam and volume rises. Traders should monitor the 4.17e-05 level for any short-covering or reversal signals, but bearish continuation remains the most probable path. Investors are advised to remain cautious, as volatility and divergence remain present.
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