Summary
• Price formed a bullish engulfing pattern after a consolidation phase near 0.00712.
• Volatility expanded significantly with a high of 0.00725 and a low of 0.00706 within 24 hours.
• Notional turnover surged to $86,695 in one 5-minute candle, suggesting increased short-term interest.
• RSI approached overbought territory, signaling possible momentum exhaustion.
• Price tested 0.00719 (61.8% Fib level) multiple times, failing to break decisively.
24-Hour Performance
TerraClassicUSD/Tether (USTCUSDT) opened at 0.0071 on 2026-01-13 at 12:00 ET, reached a high of 0.00725, a low of 0.00706, and closed at 0.0072 at 12:00 ET on 2026-01-14. Total volume across the 24-hour window was 43,895,602.0, with a notional turnover of approximately $316,329. The price remained within a tight range for most of the session before showing signs of breakout intent.
Structure & Formations
The price action displayed a bullish engulfing pattern near 0.00712, signaling a potential reversal. A doji formed at 0.00713, indicating indecision among traders.
The 0.00719 level acted as a key Fibonacci 61.8% retracement level on recent swings, and the asset repeatedly approached but failed to break above it decisively.
Momentum & Volatility
MACD showed a positive divergence late into the session, aligning with the price push toward 0.00725. RSI reached 60–64 on the 5-minute chart, hinting at overbought conditions. Volatility, as measured by the width of Bollinger Bands, expanded after 22:15 ET, with price staying near the upper band, suggesting increased risk of a reversion or consolidation.
Volume & Turnover
Volume spiked significantly during the candle starting at 22:15 ET, with a notional turnover of $86,695. This marked the highest single-candle turnover in the 24-hour period and occurred alongside a price high of 0.00724, suggesting institutional or large-scale participation. However, volume did not confirm the breakout above 0.00725, and subsequent candles showed a mixed reaction.
Market participants may see
testing 0.00725 again in the next 24 hours, but caution is advised as momentum appears stretched. A break below 0.00716 could indicate renewed bearish pressure, while a confirmed close above 0.00725 might validate a short-term bullish trend.
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