Market Overview for Usual/Tether (USUALUSDT) on 2026-01-15

Summary
• Price found support near 0.0285–0.0289 and reversed higher amid fading bearish momentum.
• A key 5-minute bullish engulfing pattern formed around 0.0294 as volume surged.
• Volatility expanded after 10:00 ET, with price rising above Bollinger Band midline.
• Turnover exceeded $229k during the 10:45–11:00 ET rally, indicating strong short-term demand.
• RSI suggests moderate momentum, but remains below overbought levels for now.

Usual/Tether (USUALUSDT) opened at 0.0295 on 2026-01-14 at 12:00 ET, reached a high of 0.0307, a low of 0.0285, and closed at 0.03 on 2026-01-15 at 12:00 ET. Total 24-hour volume was 29,234,683.1 and turnover was $877,652.1.

Structure & Formations

Price carved a defined low near 0.0285–0.0289 around 03:30–04:00 ET, forming a bullish reversal pattern. A 5-minute bullish engulfing pattern emerged around 0.0294, confirming a short-term buying bias. The price subsequently tested and held above key Fibonacci retracement levels at 38.2% and 61.8% of the earlier bearish swing, suggesting potential for further consolidation or breakout.

Moving Averages and MACD

On the 5-minute chart, price closed above both 20 and 50-period SMAs around 10:45–11:15 ET, signaling a possible near-term trend shift. The MACD crossed into positive territory after 10:00 ET, aligning with the price breakout and confirming bullish momentum. Daily moving averages show a more neutral setup, with 50-period SMA at 0.0292 and 200-period at 0.0289.

RSI and Bollinger Bands

RSI reached 56–58 by the close, indicating moderate upward momentum without overbought conditions. Volatility surged after 10:00 ET as price moved above the Bollinger Band midline and expanded the upper band. A contraction earlier in the session suggested a buildup of quiet selling pressure before the breakout.

Volume and Turnover

Volume surged during the 10:00–11:00 ET rally, peaking at over 7.5 million at 10:45 ET. Notional turnover hit $229k during the breakout phase, indicating strong participation. However, volume remained uneven through the session, suggesting some mixed positioning between buyers and sellers.

Outlook and Risk

With price now above key support levels and RSI suggesting healthy momentum, USUALUSDT may test 0.0310–0.0315 in the next 24 hours. However, a retest of the 0.0292–0.0294 consolidation range could trigger short-term profit-taking. Traders should monitor volume during the 17:00–19:00 ET window for signs of follow-through buying or exhaustion.