Market Overview for Uniswap/Tether (UNIUSDT) on 2026-01-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 7:36 pm ET1min read
UNI
--
Aime RobotAime Summary

- UNIUSDT price dropped from 5.402 to 5.282 amid bearish engulfing patterns and key support breakdown at 5.320.

- Volatility surged with 244,810.25 UNI traded during the 5.320 breakdown, confirming bearish momentum.

- RSI entered oversold territory near 5.26-5.27, suggesting potential short-term bounce but risk of further decline below 5.26.

- Bollinger Bands expanded as price neared lower band, indicating possible mean retest at 5.327-5.340 resistance.

Summary
• Price declined from 5.402 to 5.282 amid growing bearish momentum and diverging volume.
• A large 5-minute bearish engulfing pattern emerged at 5.327, signaling short-term bearish bias.
• Volatility expanded significantly during early trading with a sharp drop below key support at 5.320.
• RSI indicates oversold conditions, suggesting potential for a near-term bounce from 5.26–5.27.
• Bollinger Bands widened as price dropped, indicating a possible exhaustion of the current bearish move.

Uniswap/Tether (UNIUSDT) opened at 5.384 on 2026-01-17 at 12:00 ET and closed at 5.282 by 12:00 ET on 2026-01-18, hitting a high of 5.408 and a low of 5.263. Total 24-hour volume was 1,013,638.25 and notional turnover reached $5,416,972.47.

Price Action and Structure


Price formed a bearish continuation pattern as it dropped below key support at 5.320, confirmed by a large 5-minute bearish engulfing candle at 5.327. A short-term support zone formed between 5.26–5.27, which was briefly tested but not decisively broken. Resistance remains at 5.327–5.340, where earlier rejections occurred.

Momentum and Oscillators


The RSI reached oversold territory by the close, suggesting a possible bounce in the near term. MACD showed bearish divergence, with negative momentum accelerating despite a modest price rebound.

Volatility and Bollinger Bands


Volatility increased sharply during the drop below 5.320, with Bollinger Bands expanding to accommodate the sharp selloff. Price closed near the lower band, indicating potential for a retest of the mean.

Volume and Turnover


Volume spiked during the 5.320 breakdown, with the largest 5-minute bar reporting 244,810.25 UNI traded. Turnover surged to $1.29 million during that period. Price and turnover were aligned, confirming the bearish breakdown.

Fibonacci Retracements


On the 5-minute chart, the 61.8% retracement level of the most recent bullish swing was at 5.322, which was later pierced. Daily retracements suggest a possible reaction from 5.26–5.27, with the 38.2% level at 5.305 potentially serving as near-term resistance if a bounce occurs.

Looking ahead, the price may find near-term support around 5.26–5.27 and could test 5.28–5.30 for a possible rebound. However, traders should be cautious about the risk of a break below 5.26 and a reacceleration in selling pressure if bearish momentum persists.