Market Overview for Venus/Tether (XVSUSDT)

Friday, Jan 9, 2026 3:48 pm ET1min read
Aime RobotAime Summary

- XVSUSDT surged to $5.20 from $4.60, with RSI hitting overbought levels and Bollinger Bands widening amid heightened volatility.

- Volume spiked 598,638.6 units in 24 hours, confirming bullish momentum as 20-period MACD turned positive and moving averages aligned upward.

- A bearish doji at $5.06 and 61.8% Fibonacci resistance ($4.94) suggest potential short-term pullback risks despite strong demand near upper bands.

- Traders should monitor $5.02 support and overbought RSI (75) for possible corrections, though long-term uptrend remains intact above $4.94.

Summary
• Price surged from $4.60 to $5.20 on strong late-day buying.
• RSI hit overbought levels, indicating possible short-term pullback.
• Volume spiked sharply during the final 6 hours, confirming recent gains.
• Bollinger Bands widened, reflecting rising volatility.
• 20-period MACD turned positive, suggesting bullish momentum.

At 12:00 ET–1, Venus/Tether (XVSUSDT) opened at $4.60, reached a high of $5.06, and closed at $5.04 by 12:00 ET, with a low of $4.56. Total volume for the 24-hour window was 598,638.6, and notional turnover reached $2,859,727.09.

Structure & Formations


The price action revealed a strong bullish breakout from a consolidation phase between $4.56 and $4.65. A large bullish engulfing pattern formed at the start of the upward move, followed by a series of higher highs and higher lows. A bearish doji appeared near the high of the session at $5.06, suggesting potential near-term exhaustion.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages have both trended higher, with the 20-period MA crossing above the 50-period MA to confirm a bullish bias. On the daily chart, the 50-period MA now sits above the 100-period MA, signaling a continuation of the long-term uptrend.

MACD & RSI


The 12/26/9 MACD turned positive and is trending upward, reinforcing bullish momentum. RSI reached 75, entering overbought territory, suggesting a potential pullback in the near term. However, the rapid price ascent has kept buying pressure strong, delaying an expected correction.

Bollinger Bands


The 20-period Bollinger Bands have expanded significantly, indicating heightened volatility. Price has remained near the upper band for much of the session, suggesting strong demand. A pullback toward the middle band could offer a continuation pattern for further upside.

Volume & Turnover


Trading volume surged sharply after 10:00 ET, coinciding with the price breakout above $4.80. Notional turnover mirrored this, peaking at over $5 million in the final 2.5 hours of the session. The alignment of rising price and increased turnover supports the legitimacy of the move.

Fibonacci Retracements

Applying Fibonacci to the key 5-minute swing from $4.56 to $5.20, the price found initial resistance at the 61.8% retracement level ($4.94), which was later broken. On the daily chart, the $5.02 level corresponds to the 38.2% retracement of the recent larger bullish move, indicating a potential area for further consolidation.

Looking ahead, the recent sharp move has established a new short-term support zone around $5.02. While the bullish momentum remains strong, traders should watch for signs of a pullback near overbought RSI levels. A failure to hold above $4.94 could shift the immediate bias lower, but the long-term uptrend remains intact. Investors should remain cautious of a potential volatility-driven reversal in the next 24 hours.