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Summary
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TrueUSD/Tether (TUSDUSDT) opened at 0.9985 on 2026-01-07 12:00 ET and closed at 0.9983 by 2026-01-08 12:00 ET, with a high of 0.9985 and low of 0.9981. Total volume for the 24-hour period was 103,974.0, with notional turnover amounting to 103,751.16.
TUSDUSDT remained within a narrow 0.9981–0.9985 range for the entire 24-hour period, with price showing minimal directional bias. A bearish pinbar formed at the 00:15 ET candle, followed by a long consolidation period from 00:30 to 01:00 ET, which indicated a lack of conviction in either direction. The price later attempted a rally toward 0.9983, but failed to sustain it, forming a series of bearish harami and neutral doji patterns around that level.
A 20-period and 50-period moving average on the 5-minute chart remained nearly flat, suggesting no immediate bias toward a directional move. RSI hovered around 50, indicating neutral momentum. MACD showed no strong divergence or histogram expansion, further supporting the idea that the market was in a low-energy consolidation phase.

Bollinger Bands constricted slightly during the overnight hours, especially between 03:00 and 05:30 ET, which could signal a potential breakout or breakdown in the near term. Price remained within the bands throughout the period, with no significant expansion or contraction observed.
Volume spiked sharply overnight, particularly between 04:45 and 06:00 ET, yet price remained relatively flat. This suggests that while activity increased, participants were largely trading within a defined range. Turnover closely followed volume with no signs of divergence.
Looking ahead, TUSDUSDT may continue to test the 0.9983–0.9985 range for the next 24 hours. A decisive break above 0.9985 could signal renewed stability, while a move below 0.9981 could trigger increased volatility. Investors should remain cautious due to the low conviction in price action and potential for sudden range expansion.
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