Market Overview: Wormhole/Tether (WUSDT) 24-Hour Price and Activity Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 16, 2026 11:30 pm ET1min read
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Aime RobotAime Summary

- WUSDT traded in a narrow $0.0352-$0.0371 range with no clear breakout despite post-18:00 ET volume spikes.

- A bearish engulfing pattern at the 24-hour high and overbought RSI readings signaled potential reversal risks.

- Bollinger Band expansion and Fibonacci level tests at $0.0362-$0.0367 highlighted range-bound uncertainty.

- Divergence between surging volume (peaking at 4.2M units) and stagnant price movement suggested market indecision.

- Key support/resistance at $0.0352/$0.0371 remains critical, with false breakouts posing risks for short-term traders.

Summary
• Price action remained in a narrow range with no clear breakout.
• Volume and turnover surged after 18:00 ET, hinting at possible short-term volatility.
• A bearish engulfing pattern formed near the high of the 24-hour period, signaling potential reversal risk.
• RSI indicated overbought conditions multiple times, but price failed to confirm a break above key levels.
• Bollinger Bands showed a mild expansion in the final hours, suggesting heightened uncertainty in sentiment.

Wormhole/Tether (WUSDT) opened at $0.0367 on 2026-01-15 at 12:00 ET, reached a high of $0.0371, fell to a low of $0.0352, and closed at $0.0366 on 2026-01-16 at 12:00 ET. The 24-hour volume was 13,804,000 units, with a notional turnover of approximately $495,433.

Structure and Patterns


Price action on
WUSDT
remained within a tight range between $0.0352 and $0.0371, showing limited directional momentum.
A bearish engulfing pattern formed at the peak of the 24-hour period, signaling potential downward pressure. No strong bullish continuation patterns emerged, and multiple doji and indecisive candles suggested traders were cautious and unwilling to commit.

Trend and Moving Averages


Over the 5-minute chart, the 20-period and 50-period moving averages were closely aligned, indicating no clear trend. Over the daily chart, the 50-period MA sat slightly above the 100-period MA, and both were above the 200-period MA, suggesting a mildly bullish bias over the longer term. However, the intraday consolidation suggests traders are waiting for a catalyst to break the equilibrium.

Volatility and Momentum


Bollinger Bands expanded in the final hours of the period, reflecting increased volatility. Price spent a significant portion of the day near the upper and lower bands, indicating the range-bound nature of the trade. RSI reached overbought levels multiple times, but price failed to confirm a breakout, which could indicate weakening bullish conviction.

Volume and Turnover Analysis

Volume and turnover increased notably after 18:00 ET, with several 5-minute intervals surpassing 1 million units traded. The largest spike occurred at 18:45 ET, with 4.2 million units traded, but price failed to follow through with a meaningful move. This divergence suggests caution for investors, as heavy volume without directional follow-through can signal indecision.

Fibonacci Retracements


Applying Fibonacci levels to the recent 5-minute swing from $0.0352 to $0.0371, key levels at 38.2% ($0.0362) and 61.8% ($0.0367) were tested multiple times. The 61.8% level held as support in the late evening before price drifted lower again, indicating a lack of conviction in the upper range.

Looking ahead, WUSDT appears to be in a consolidation phase ahead of a potential breakout. A decisive move above $0.0371 or below $0.0352 could signal the next direction, but investors should remain cautious of false breakouts. Increased volatility and divergence between volume and price may persist, posing risks to short-term traders.