Market Overview: Theta Network/Tether (THETAUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 15, 2026 2:17 pm ET1min read
THETA
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Aime RobotAime Summary

- THETA/USDT fell from 0.324 to 0.308, forming bearish engulfing patterns below key 0.31 support.

- MACD divergence and RSI oversold conditions suggest weakening buyers despite consolidation near 0.315.

- Surging volume confirmed bearish conviction, with Fibonacci support at 0.306-0.308 now critical for further downside potential.

Summary
• Price declined from 0.324 to 0.308, forming bearish engulfing patterns near resistance.
• MACD diverged with price during the sell-off, suggesting weakening momentum.
• Volume surged during the decline, confirming bearish sentiment below key support at 0.31.

Theta Network/Tether (THETAUSDT) opened at 0.322 on 2026-01-14 12:00 ET, reached a high of 0.324, fell to a low of 0.303, and closed at 0.308 by 12:00 ET on 2026-01-15. The 24-hour volume totaled 2,019,238.3 with a turnover of 613,947.89 USD.

Structure & Formations


Price broke below a key support level near 0.31, triggering a bearish trend. A large bearish engulfing pattern formed after the 0.324 high, while a doji appeared near 0.315, signaling indecision. Resistance appears to be forming around 0.32–0.324, with support likely near 0.306–0.308.

Moving Averages


The 20- and 50-period moving averages on the 5-minute chart accelerated downward during the drop to 0.308. On the daily chart, price closed below the 50- and 100-period lines, reinforcing bearish bias.

MACD & RSI


MACD showed a bearish crossover and failed to confirm bullish divergence as price bounced near 0.31, suggesting weakening buyers. RSI dropped into oversold territory around 0.306, though price failed to hold, signaling caution.

Bollinger Bands


Volatility expanded as price moved outside the lower band during the 0.306–0.308 decline. The recent contraction near 0.314–0.318 may indicate a period of consolidation before the next move.

Volume & Turnover


Volume spiked during the key breakdown below 0.31, confirming bearish conviction. Turnover remained in sync with price action, with no major divergences observed during the move to 0.308.

Fibonacci Retracements


The 61.8% retracement level of the most recent 5-minute rally from 0.31 to 0.324 aligns with the current support near 0.306–0.308. A break below this level could target the 0.303–0.301 zone.

Price may test the 0.306–0.308 support in the coming hours. A sustained close above 0.315 could signal a short-term bounce, but bearish momentum remains strong. Investors should monitor for reversal signs near 0.306 or a breakdown to 0.301.