Market Overview for Viction/Tether (VICUSDT) – 24-Hour Technical Summary

Summary
• Price action showed a bearish reversal after an initial bullish breakout from key support.
• Momentum shifted with RSI and MACD indicating overbought conditions then divergence.
• Volume spiked during critical price swings, confirming key resistance and support levels.
• Bollinger Bands showed volatility expansion, with price testing the upper and lower bounds.
• Fibonacci retracements highlighted potential consolidation zones around 0.0952 and 0.0944.

Market Overview

Viction/Tether (VICUSDT) opened at 0.0943 on 2026-01-08 12:00 ET, reached a high of 0.0962, and closed at 0.0953 as of 2026-01-09 12:00 ET. The 24-hour volume amounted to 1,592,584.27, with a notional turnover of $150,352.43.

Structure & Formations

Price action displayed key resistance at 0.0956–0.0962 and support at 0.0944–0.0948, with multiple bearish engulfing and hanging man patterns forming in the late hours of the 24-hour period. A doji at 0.0958 on 2026-01-09 02:30 ET suggested indecision and potential reversal.

Moving Averages

On the 5-minute chart, price traded below the 20-period and 50-period MA in the final hours, indicating short-term bearish bias. On the daily chart, it remained above the 50-day MA, showing intermediate bullish structure.

Momentum & Volatility

RSI peaked above 60 and later showed divergence as price failed to hold above 0.0956. MACD remained below the signal line, suggesting weakening bullish momentum. Bollinger Bands expanded significantly from 0.0944–0.0962, with price closing near the mid-band, indicating possible consolidation.

Volume & Turnover

Volume and turnover surged during the 0.0956–0.0944 price swing, especially between 02:30–03:45 ET. A sharp drop in turnover during the final 3 hours despite continued price movement signals a potential exhaustion phase.

Fibonacci Retracements

Fibonacci levels from the 0.0944–0.0962 swing identified 0.0952 (38.2%) and 0.0948 (61.8%) as probable consolidation zones, which saw repeated retests and failed breakouts.

The market may continue to consolidate within 0.0944–0.0962 in the short term, with a bearish bias if 0.0948 fails as support. Investors should monitor for a potential breakdown or a reversal setup around 0.0952, but be cautious of increased volatility and divergence in price and momentum indicators.