Market Overview for Venus/Tether (XVSUSDT) on 2026-01-12

Monday, Jan 12, 2026 3:58 pm ET1min read
Aime RobotAime Summary

- Venus/Tether (XVSUSDT) tested $5.42–5.45 resistance but closed at $5.34 after a failed bullish breakout.

- Overnight volume spiked to $633k but sharply declined post-09:00 ET, signaling waning bullish momentum.

- RSI/RSI and MACD confirmed bearish reversal as price retreated to 61.8% Fibonacci support at $5.34–5.36.

- Bollinger Band contraction followed by upper band rebound suggests potential breakout or retest of key levels.

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.

Structure and Formations


The price experienced a sharp bearish reversal in the final hours, forming a long upper shadow at key resistance near $5.42–5.45. A failed bullish engulfing pattern near $5.37–5.42 suggests buyers may lack conviction above $5.44. A doji formed near $5.34, hinting at indecision in the $5.33–5.36 range, where price may find temporary support.

Technical Indicators


RSI hit overbought territory above 65 early in the session during the $5.42–5.45 rally but declined sharply toward neutral levels by close. MACD crossed below the signal line, confirming bearish momentum. Bollinger Bands saw a contraction during the late overnight hours, followed by a price rebound into the upper band—suggesting a potential breakout scenario or retest of key levels.

Volume and Turnover


Trading volume spiked during the overnight rally into $5.45, with heavy buying pressure evident in the 05:00–06:00 ET timeframe. However, turnover faded significantly after 09:00 ET as the price rolled lower. A divergence between volume and price during the final 6 hours may indicate a waning of bullish energy.

Volatility and Retracements


Volatility expanded during the $5.30–5.45 move, with price retreating to the 61.8% Fibonacci retracement level of $5.34–5.36. This area appears to be consolidating as a short-term floor, with potential for either a bounce or further downside if support breaks. The 50-period moving average on the 5-minute chart currently sits around $5.36, offering a possible near-term pivot.

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.