Market Overview: Zilliqa/Tether (ZILUSDT) 24-Hour Technical Review

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Jan 6, 2026 1:54 pm ET1min read
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USDT
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Aime RobotAime Summary

- ZILUSDT broke above 0.00535 with a bullish engulfing pattern near 0.00531–0.00532, signaling upward momentum.

- RSI showed mid-range divergence and on-balance volume surged above 5M, but price closed near mid-range levels.

- Key support at 0.00528–0.0053 remains intact, though 0.00535–0.00537 resistance could trigger a potential pullback.

- Price tested the upper Bollinger Band amid mid-day volatility and sits near 61.8% Fibonacci retracement at 0.00538.

Summary
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ZILUSDT
broke above 0.00535 with a bullish engulfing pattern near 0.00531–0.00532.
• RSI remains in mid-range, but divergence suggests fading momentum.
• Volatility expanded mid-day, with price testing the upper Bollinger Band.
• On-balance volume surged above 5M, but price closed near mid-range.
• Key support at 0.00528–0.0053 appears intact despite bullish breakout.

24-Hour Price and Volume Snapshot


Zilliqa/Tether (ZILUSDT) opened at 0.00525 on 2026-01-05 12:00 ET and closed at 0.00537 by 2026-01-06 12:00 ET, with a high of 0.00549 and low of 0.00522. Total 24-hour volume reached 52,637,716.8 ZIL, while notional turnover amounted to $280,516.56 in USDT.

Structure and Key Levels


Price action showed a strong bullish breakout from the 0.00528–0.00531 range, with a bullish engulfing pattern forming around 0.00531–0.00532. This pattern suggests a potential continuation of upward momentum. Key support appears to be at 0.00528–0.0053, with resistance now forming near the high of 0.00549.

Trend and Momentum


On the 5-minute chart, the 20-period and 50-period moving averages have crossed into bullish alignment, with price remaining above the 50-period MA. The MACD histogram has turned positive, indicating rising bullish momentum. However, RSI has not shown overbought conditions, staying in mid-range territory and suggesting that while momentum is up, it has not yet reached exhaustion.

Volatility and Divergence


Volatility expanded significantly in the mid to late afternoon, as price tested the upper Bollinger Band. Despite this, a divergence between rising price and flat RSI suggests that buyers may be facing resistance. On-balance volume saw a sharp increase, especially between 04:00 and 14:00 ET, which coincided with a breakout and consolidation phase.

Fibonacci Retracements


Applying Fibonacci levels to the recent swing low of 0.00522 and high of 0.00549, price currently sits near the 61.8% retracement level at 0.00538. This level appears to have acted as a minor resistance, with price bouncing slightly after the 0.00537 level was reached.

ZILUSDT appears to have found strong bullish momentum, supported by clear price action and volume. However, the lack of overbought conditions and the divergence between price and RSI suggest a potential pullback could occur if the 0.00535–0.00537 range fails to hold. Investors should remain cautious of consolidation and potential bearish corrections if key support levels are tested in the next 24 hours.