AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price action formed a bullish engulfing pattern near 0.0388 during a 5-minute rally.
• RSI signaled overbought conditions near 70, followed by a pullback toward mid-range levels.
• Volatility expanded significantly between 22:15 and 00:00 ET, with a 20% spike in turnover.
• A 20-period moving average crossed above 0.0380, suggesting short-term upward bias.
• Bollinger Bands widened, with price testing the upper band during the 22:15 surge.
Wormhole/Tether (WUSDT) opened at 0.0375 on January 13, 2026, hit a high of 0.0403, and closed at 0.0391 by 12:00 ET on January 14, 2026. The 24-hour volume was 11,608,409.8, with a notional turnover of 433,728.66.
Structure & Formations
Price formed a bullish engulfing pattern near 0.0388, suggesting a short-term reversal after a sharp rally. A key support level appears to have held at 0.0374, with a subsequent bounce. A doji formed near 0.0391, indicating indecision at the peak.

Moving Averages and MACD
The 20-period MA crossed above 0.0380 around 18:30 ET, reinforcing a bullish bias. The MACD histogram turned negative after the 22:15 surge, suggesting weakening momentum.
RSI and Bollinger Bands
RSI peaked at 70 during the 22:15 high, then retreated toward mid-range levels, indicating a potential pullback. Bollinger Bands widened during the 22:15–00:00 ET period, with price reaching the upper band.
Volume and Turnover
Volume spiked sharply during the 22:15–23:00 ET window, particularly at the 22:15 high, where volume surged to 12,158,006.9. Notional turnover followed a similar trend, indicating strong conviction in the rally.
Fibonacci Retracements
A 5-minute retracement level at 0.0388 (61.8% of the 18:30–22:15 rally) held as support, with price consolidating after this level.
Wormhole/Tether may continue to consolidate near 0.0390–0.0386 in the short term, with a potential test of the 0.0374 support level expected if momentum weakens. Investors should remain cautious as overbought conditions and recent volatility increase the risk of a short-term correction.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Jan.14 2026

Jan.14 2026

Jan.14 2026

Jan.14 2026

Jan.14 2026
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet