AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price tested key support at 0.5740 and bounced with bullish reversal patterns.
• Momentum shifted in late ET hours with RSI rising from oversold levels.
• Volume surged during the 0345-0400 ET timeframe, confirming a reversal.
• Volatility expanded sharply after 0500 ET with Bollinger Band widening.
• Fibonacci levels at 0.5839 (61.8%) and 0.5893 (38.2%) are potential resistance.
Tezos/Tether (XTZUSDT) opened at 0.5920, hit 0.6100, fell to 0.5740, and closed at 0.5878. Total volume reached 5,991,221.1 and turnover was $357,126.60.
Structure & Formations
Price found support around 0.5740, marked by a bullish engulfing pattern. Resistance levels at 0.5839 and 0.5893 align with Fibonacci retracements of the recent low-to-high swing. A key breakout above 0.5950 may confirm a reversal of the short-term downtrend.
Moving Averages
On the 5-minute chart, the 20SMA crossed above the 50SMA at around 0345 ET, forming a potential short-term bullish crossover.

MACD & RSI
RSI bottomed at 28.7 in early ET hours before rising to 51.4, indicating a potential shift in momentum. The MACD crossed into positive territory after 0500 ET, confirming the strength behind the recovery.
Bollinger Bands
Bollinger Band contraction occurred between 0200–0300 ET, followed by a sharp expansion as price broke upward. The closing price of 0.5878 sits near the middle band, indicating a balanced consolidation phase.
Volume & Turnover
Volume spiked sharply during the 0345–0400 ET period as price surged from 0.5696 to 0.5804, confirming the reversal. Notional turnover also surged during this window, aligning with the price action and supporting the strength of the bounce.
Fibonacci Retracements
Recent 5-minute swings show 0.5839 (61.8%) and 0.5893 (38.2%) as critical resistance levels. A break above 0.5893 may push toward 0.5944, the prior high.
The market appears to be testing key support levels with strong volume confirmation. A sustained close above 0.5900 may indicate further upside potential, but a retest of 0.5740 could trigger renewed bearish pressure. Investors should monitor for volatility expansion and RSI divergence as potential warning signs ahead of the next 24-hour period.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.15 2026

Jan.15 2026

Jan.15 2026

Jan.15 2026

Jan.15 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet