Market Overview for Venus/Tether (XVSUSDT)

Summary
• Price tested key support at 4.17 before rebounding into 4.22–4.25 consolidation.
• Late-night volume surged, confirming bullish breakout above 4.23.
• RSI suggests moderate momentum but no overbought conditions yet.

Market Overview

Venus/Tether (XVSUSDT) opened at 4.25 on 2025-12-31 12:00 ET, reaching a high of 4.35 and a low of 4.14, before closing at 4.24 on 2026-01-01 12:00 ET. Total volume amounted to ~230,880.52 with a turnover of ~960,708.58.

Structure & Key Levels

Price broke above 4.23–4.25 resistance early on 2026-01-01, confirming strength in the late morning with a bullish engulfing pattern at 4.22–4.25. A notable doji formed near 4.14 in early hours, signaling indecision but failed to stall the recovery.

Moving Averages and Volatility

5-minute MAs (20/50) show upward convergence, reinforcing the short-term bullish bias. Daily MAs suggest a broader uptrend. Volatility expanded as the price moved between 4.14 and 4.35, placing current price near the upper Bollinger Band, which aligns with recent bullish momentum.

Volume and Momentum

Volume spiked sharply after 6:00 AM ET, confirming the move above 4.23. Turnover increased in tandem, showing no divergence. RSI remains in neutral to overbought territory, suggesting rising momentum but without exhaustion signals.

Fibonacci Retracements

A 61.8% Fibonacci retracement at ~4.24 aligns with key consolidation levels, indicating potential for a continuation of the current move. The 38.2% retracement at ~4.20 has served as a psychological pivot for multiple corrections.

The market appears to be building strength as buyers control key resistance levels. A retest of 4.20–4.22 could reveal if the trend holds. Investors should monitor for a potential pullback or consolidation, with the risk of a short-term reversal if support at 4.20 breaks.