Market Overview for UMA/Tether (UMAUSDT): 2026-01-16

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 3:30 pm ET1min read
USDT
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Aime RobotAime Summary

- UMA/USDT price dropped below 0.760 on 2026-01-15, confirmed by high volume at 19:00 ET.

- RSI below 30 and negative MACD indicate weakening bullish momentum near 0.745 oversold level.

- Double-bottom structure forms at 0.745-0.750 with key support at 61.8% Fibonacci level.

- Price consolidates between 0.745-0.760, with potential breakout risks above 0.767 or below 0.745 support.

Summary
• Price fluctuated between 0.740–0.771 with multiple bearish reversals.
• Volume surged near 19:00 ET, aligning with a key breakdown below 0.760.
• RSI and MACD indicate weakening momentum with oversold conditions near 0.745.

24-Hour Summary


UMA/Tether (UMAUSDT) opened at 0.767 on 2026-01-15 at 12:00 ET, reaching a high of 0.771 and a low of 0.740 before closing at 0.762 on 2026-01-16 at 12:00 ET. The total volume for the 24-hour window was 188,903.5, with a notional turnover of 136,586.43.

Structure & Formations


The price action revealed a bearish breakout below a critical psychological level at 0.760, supported by a large bearish candle at 19:00 ET. A potential double-bottom structure is forming around 0.745–0.750, while a long-legged doji at 02:00 ET hints at indecision. Key support is forming around 0.745, with a 61.8% Fibonacci retracement level aligning closely. Resistance appears to be in consolidation around 0.764–0.767.

Volatility and Momentum


Bollinger Bands expanded during the breakdown phase below 0.760, indicating increased volatility. The RSI has dropped below 30, suggesting oversold conditions, while the MACD histogram has been negative since the early evening ET breakdown. This points to weakening bullish momentum.

Volume and Turnover


The highest volume occurred at 19:00 ET (18,299.2) during the sharp descent below 0.760, confirming the move. Turnover increased in sync with this volume, showing aligned price and notional flow. A divergence appears between price and volume near 0.745–0.750, where volume dropped despite a rebound attempt.

Forward Outlook and Risk


UMAUSDT appears to be consolidating within a tight range near 0.745–0.760 ahead of a potential breakout or reversal. A move above 0.767 may rekindle short-term bullish interest, while a breakdown below 0.745 could trigger a deeper correction. Investors should remain cautious of thin volume levels near current support and resistance.