Market Overview for Uniswap/Tether (UNIUSDT)

Wednesday, Jan 14, 2026 8:14 pm ET1min read
Aime RobotAime Summary

- UNIUSDT surged to $5.833, forming a bullish engulfing pattern above key resistance near $5.79–$5.80.

- Volume spiked to $311k at $5.712 close, confirming bearish reversal with Fibonacci support at $5.70 and $5.61.

- RSI peaked at overbought 70 before dropping to oversold levels, signaling short-term exhaustion amid widening Bollinger Bands.

- Price sits above 50-day SMA but near 200-day line, with potential for 24-hour breakout above $5.79 or breakdown below $5.70.

Summary
• Price surged to $5.833 before consolidating near $5.712, forming a bullish engulfing pattern near key resistance.
• Momentum accelerated with a late spike in volume and turnover, confirming a breakout attempt.
• Bollinger Bands widened significantly, signaling heightened volatility ahead of a potential trend continuation.
• RSI shows overbought conditions midday, followed by a pullback to oversold levels, suggesting short-term exhaustion.
• Fibonacci retracement levels align with key support at $5.70 and $5.61, indicating potential for further downside if break occurs.

Uniswap/Tether (UNIUSDT) opened at $5.589 on January 13, 2026, reached a high of $5.833, and closed at $5.712 by 12:00 ET on January 14. The 24-hour volume totaled ~9,843,063 units, with notional turnover of ~$5,695,407.

Structure & Moving Averages


The price formed a strong bullish engulfing candle near $5.79–$5.80, breaking above a key resistance zone. The 20-period and 50-period moving averages on the 5-minute chart aligned above $5.70–$5.72, reinforcing bullish momentum. On the daily timeframe, the price sits above the 50-day SMA but near the 200-day line, suggesting potential for a longer-term consolidation phase.

Momentum and Volatility


The Relative Strength Index (RSI) peaked above 70 during the early afternoon, indicating overbought conditions. This was followed by a pullback toward oversold levels, signaling possible short-term exhaustion. Bollinger Bands expanded widely in the midday hours, reflecting heightened volatility. Price action appears to be testing the upper and lower channels with increasing conviction, suggesting a probable breakout or reversal in the next 24 hours.

Volume and Fibonacci


Volume surged near the $5.712 close, with a notional turnover spike of ~$311k in the final hour. This volume spike supports the bearish reversal, suggesting increased conviction in the downward move. Fibonacci retracements from the recent $5.56–$5.833 swing suggest key support levels at $5.70 (38.2%) and $5.61 (61.8%). A break below $5.61 could signal further weakness.

In the next 24 hours, traders may see a decisive move either above $5.79 or below $5.70, with the potential for a continuation or reversal pattern forming. Investors should remain cautious of divergence between price and momentum indicators and monitor volume for confirmation of trend strength.