Market Overview for TrueFi/Tether (TRUUSDT) on 2026-01-05

Summary
• TRUUSDT tested key resistance at 0.0106 and failed to sustain a breakout, forming bearish reversal patterns.
• Volatility expanded between 0.0101 and 0.0105, with volume surging during breakdowns below 0.0104.
• RSI remained in oversold territory for most of the 24-hour window, signaling potential for a short-term rebound.

At 12:00 ET-1, TRUUSDT opened at 0.0105, reaching a high of 0.011 and a low of 0.0101 before closing at 0.0103 at 12:00 ET. Total volume was 103,884,825.0 with notional turnover of 1,086,399.85 USDT in the last 24 hours.

Structure & Moving Averages

TRUUSDT’s 5-minute candles formed repeated 0.0106 resistance failures and 0.0104 support tests. Price spent much of the period consolidating between these levels. The 20-period and 50-period moving averages on the 5-minute chart remained flat, indicating a lack of directional bias.

MACD and RSI

The MACD histogram showed mixed momentum, with bearish divergences during breakdowns below 0.0104 and bullish divergence near 0.0101. RSI hovered between 20 and 40 for most of the period, pointing to potential oversold bounce setups.

Bollinger Bands

TRUUSDT traded within a wide Bollinger band range (0.0101 to 0.0105), with volatility peaking in the early hours of the morning. A contraction in the midday period suggested a potential breakout could be near.

Volume and Turnover

Volume spiked during key breakdowns below 0.0104, confirming bearish sentiment. Turnover aligned with these moves, but divergences occurred during late-day rallies toward 0.0105, suggesting short-term buyers may be running out of steam.

Fibonacci Levels

Fibonacci retracement levels from the 0.0101 to 0.0105 swing suggest potential support at 0.0103 (61.8%) and resistance at 0.0104 (38.2%). A break above 0.0105 could target 0.0106 for a short-term test.

The price may consolidate near 0.0103 in the near term, with the risk of a breakdown should volume continue to favor the short side. Investors should monitor for a test of 0.0104 as a potential turning point.