TIAUSDT Dips to 0.3308 as Bearish Momentum and Oversold RSI Signal Caution

Summary
• Price dropped from 0.3529 to 0.3308 amid strong bearish momentum.
• A key support at 0.3274 and resistance at 0.3478 emerged from recent swings.
• Notional turnover surged during the final 3 hours, hinting at increasing activity.
• Bollinger Bands showed moderate volatility expansion, with price testing the lower band.
• MACD turned negative with bearish divergence; RSI indicated oversold conditions.

Celestia/Tether (TIAUSDT) opened at 0.3419 on 2026-02-06 12:00 ET and reached a high of 0.3529 before closing at 0.3308 on 2026-02-07 12:00 ET, with a low of 0.3248. The 24-hour volume totaled 6,560,602.57 TIA and a notional turnover of 2,221,956.95 USDT.

Structure & Key Levels

The price formed a bearish continuation pattern, with a notable breakdown below the 0.34 support level. A strong support level appears to have formed around 0.3274, where price found a floor after a sharp decline. Resistance is likely to be seen around 0.3478, a previous swing high.

Technical Indicators

MACD turned bearish with a negative crossover, suggesting a possible continuation of the downtrend. RSI reached oversold territory below 30, signaling potential for a short-term bounce but not a reversal. Bollinger Bands expanded, showing increased volatility, with price closing near the lower band.

Volume and Turnover

Volume remained relatively steady during the early hours, but a sharp increase in notional turnover was observed between 16:00 and 17:00 ET, indicating heightened participation. Price and turnover aligned during the final hours, suggesting bearish conviction.

Moving Averages

On the 5-minute chart, price closed below key moving averages including 20-period and 50-period, reinforcing bearish momentum. Daily moving averages (50/100/200) indicate a longer-term bearish bias, with price below all three.

Fibonacci Retracements

A 0.618 retracement level at 0.3308 aligns with the 12:00 ET close, suggesting a possible support zone. A potential bounce or continuation could be expected depending on volume and order flow in the next 24 hours.

Market participants should watch for a test of the 0.3274 support and a possible rebound to the 0.335–0.340 range. However, a sustained break below 0.3274 could signal further bearish momentum. Investors should remain cautious and monitor volume for signs of accumulation or exhaustion.