Summary
• Price formed a bullish breakout pattern above 0.0675 on strong volume in late ET hours.
• RSI surged into overbought territory near 75, suggesting short-term momentum may pause.
• Volatility expanded through Bollinger Band width, with price settling near the upper band.
• On-balance volume confirmed the upward thrust, with turnover spiking during the 14:30–17:00 ET window.
• Fibonacci levels suggest 0.0685 as the next potential resistance target for the pair.
Yield Guild Games/Tether (YGGUSDT) opened at 0.0666 on 2026-01-01 at 12:00 ET, reached a high of 0.0712, a low of 0.0664, and closed at 0.0708 on 2026-01-02 at 12:00 ET. The 24-hour volume was 8,164,000 and turnover reached $585,486.
Structure & Formations
The price action from 14:30 to 17:00 ET displayed a strong bullish breakout above a key resistance at 0.0675, forming a multi-candle bullish continuation pattern. A 0.0692–0.0701 range appears to be consolidating after the late ET surge, with the 0.0708 close confirming a possible trend reversal.
Moving Averages and Momentum
On the 5-minute chart, the 20-period and 50-period moving averages have diverged upward, aligning with the bullish momentum. The 50-period moving average currently sits at 0.0684, suggesting that a close above 0.0701 could attract further buying. The 9-period MACD turned positive, while RSI hit 75, indicating the pair is overbought and could face a pullback.
Volatility and Bollinger Bands
Bollinger Band width expanded during the breakout, with price closing near the upper band at 0.0708. The 20-period standard deviation has increased from 0.0001 to 0.0004, signaling heightened volatility. This expansion could continue if the trend holds, or contract if a retracement occurs.
Volume and Turnover
Volume spiked during the 14:30–17:00 ET window, especially around 16:45 and 17:00 ET, confirming the upward thrust. Total notional turnover surged from $50k to $585k in the last hour, suggesting strong accumulation. On-balance volume also showed a positive divergence with price, reinforcing the bullish case.
Fibonacci Retracements
Applying Fibonacci to the 0.0664–0.0712 swing, the 0.0685 level aligns with the 61.8% retracement and may act as a short-term resistance. A break above this could target 0.0700–0.0712 as a potential consolidation range for the coming 24 hours.
YGGUSDT appears to be in a strong short-term bullish phase, supported by volume and momentum indicators. A retest of 0.0701 could confirm the trend continuation, but investors should remain cautious of overbought conditions and a potential pullback toward 0.0685–0.0690.
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