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Summary
• Price tested key resistance near $5.42–5.45, consolidating around $5.34–5.38 by close.
• Volume surged during the overnight rally but faded sharply in the final 6 hours.
• RSI and MACD signaled overbought conditions earlier in the day, now showing bearish momentum.
• Bollinger Bands constricted mid-day before a late rebound, suggesting potential for a breakout or retest.
• A bullish engulfing pattern formed near $5.37–5.42, but failed to hold above $5.44.
Venus/Tether (XVSUSDT) opened at $5.42 and closed at $5.34 during the 24-hour period ending at 12:00 ET on 2026-01-12. The pair reached a high of $5.45 and a low of $5.30. Total volume amounted to 118,627.94, with a notional turnover of $633,176.90.

The market appears to be at a consolidation phase after a failed attempt to break above $5.44. A retest of the $5.42–5.45 zone could trigger renewed buying interest, but a break below $5.34 would signal further downside toward $5.30. Investors should remain cautious as volatility remains high and momentum indicators suggest a shift in sentiment.
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