USUALUSDT Breaks Out Near 0.0157 as Volume Surges 6x

Summary
• Price formed a bullish engulfing pattern near key support at 0.0157.
• Volatility expanded during the late-night session, pushing price past 0.0160.
• Volume surged 6x above average during the 18:45–19:00 ET session.
• RSI crossed above 50, suggesting a potential momentum shift to the upside.
• Price closed above the 5-minute 20-period MA, indicating short-term bullish bias.

Price and Volume Summary

At 12:00 ET − 1 on 2026-02-06, Usual/Tether (USUALUSDT) opened at 0.01628, reaching a high of 0.01649 and a low of 0.01554 before closing at 0.01606 on 2026-02-07 at 12:00 ET. The total 24-hour volume was 30,646,201.1 units, with a notional turnover of 494,626.6 USDT.

Structure and Patterns

A strong bullish engulfing pattern formed at 0.0157 during the early morning hours, confirming a short-term bounce. Later, a sharp 5-minute reversal occurred near 0.01586, indicating short-term volatility. A key support level at 0.0157 held, with a minor bounce observed at 0.01581.

Volatility and Moving Averages

Bollinger Bands expanded significantly during the 18:45–20:00 ET window, with price moving between 0.0158 and 0.01609. Price remained above the 20-period 5-minute moving average for most of the session, suggesting a potential short-term bullish trend. The 50-period MA acted as a dynamic support during key pullbacks.

Momentum and Indicators

RSI rose from 44 to 55 during the late-night session, indicating moderate bullish momentum. MACD turned positive after 22:00 ET and remained above the signal line for the remainder of the session, signaling a potential continuation of the upward move.

Volume and Turnover Observations

Volume spiked significantly during the 18:45–19:00 ET window, with a 6x increase compared to the prior hour. Notional turnover followed the volume closely, with no signs of divergence. The most significant price-volume alignment occurred during the 21:00–23:00 ET session, with both metrics confirming the breakout above key resistance.

Pattern and Fibonacci Levels

A 5-minute swing low was observed at 0.0157, with price bouncing to 0.01609—approximately 61.8% of the retracement level. This suggests a potential target near 0.0162 in the next 24 hours, should the current bullish momentum continue.

Usual/Tether (USUALUSDT) appears to have built momentum with a strong bounce off 0.0157 and a clean close above key moving averages. Traders may monitor the 0.0161–0.0162 zone for further directional bias. However, volatility remains elevated, and a retest of 0.0158 could trigger a short-term correction.