Summary
•
formed bearish engulfing patterns and tested key support levels at 0.00575.
• Price closed near the 20-period MA with RSI hovering near neutral territory, indicating indecisive momentum.
• Volatility expanded during the 22:00–01:00 ET session, with a high turnover spike near 0.00598.
• A 61.8% Fibonacci retracement level at 0.00580 appears to have capped upward movement during consolidation.
• Bollinger Bands showed moderate contraction early, followed by expansion as price approached the upper band.
Zilliqa/Tether (ZILUSDT) opened at 0.00574 on 2026-01-13 12:00 ET and closed at 0.00575 by 12:00 ET the following day. The pair reached a high of 0.00598 and a low of 0.00568 over the 24-hour period. Total volume traded was 81,182,429.9 ZIL, while notional turnover amounted to $484,344.07.
Structure & Moving Averages
The price action displayed a bearish bias, forming key bearish engulfing patterns near the 0.00590 level and later at 0.00584. A strong support level at 0.00575 was tested multiple times, suggesting potential consolidation. The 20-period MA (5-min) supported the closing price at 0.00575, while the 50-period MA lagged slightly below.
Momentum & Volatility
The RSI oscillated between 45 and 60, indicating neutral to slightly bullish momentum without reaching overbought or oversold levels. The MACD showed a narrowing histogram and a flattening line, suggesting weakening bullish momentum. Volatility expanded notably during the 22:00–01:00 ET window, with price reaching the upper Bollinger Band.
Volume and Fibonacci Levels
Volume and turnover spiked during the 22:15–22:30 ET session, coinciding with a breakout attempt to 0.00598. However, a bearish reversal followed, testing the 61.8% Fibonacci retracement level at 0.00580. This level acted as a ceiling, reinforcing a potential short-term trend reversal.
In the near term, ZILUSDT may consolidate within a tight range if the 0.00575 support holds. A break below this level could increase the risk of a deeper correction toward 0.00569, while a move above 0.00580 may test the 0.00584 resistance again. Investors should remain cautious as volatility remains elevated and sentiment appears mixed.
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