Market Overview: DAR Open Network/Tether (DUSDT) – 24-Hour Analysis

• DUSDT fell to 0.02157, testing key support before rebounding with a 0.3% recovery.
• Volatility expanded, with 24-hour range widening to 0.0013 and volume spiking to 6.2M.
• A bullish reversal pattern formed near 0.02172, suggesting near-term buyers entered.
• RSI entered oversold territory, hinting at potential short-term bounce.
• MACD showed bearish divergence as price declined, but volume confirmed bearish momentum.

DAR Open Network/Tether (DUSDT) opened at 0.02254 on 2025-10-28 at 12:00 ET, reaching a high of 0.02281 and a low of 0.02148 before closing at 0.02223 on 2025-10-29 at 12:00 ET. Total volume for the 24-hour period was 7.8M contracts, with a notional turnover of ~$173,000. The price action reflects a bearish consolidation phase with a potential near-term reversal in sight.

Over the past 24 hours, DUSDT displayed a distinct bearish trend, with price testing and then rebounding from the 0.02157 support level. A bullish reversal pattern formed near 0.02172 on the 15-minute chart, which could signal renewed buyer interest. A key resistance level appears to be forming near 0.02220–0.02226, where price has repeatedly struggled to close above. The 20-period moving average is bearishly positioned, trending lower, and the 50-period line has crossed below it, indicating a strengthening downtrend.

MACD has turned negative with a bearish crossover, reinforcing the bearish sentiment, while RSI has dipped into oversold territory, suggesting a potential short-term rebound. However, the lack of confirmation in volume during the bounce raises caution. Bollinger Bands have widened significantly, reflecting increased volatility, with price currently trading near the upper band during a recent counter-trend move. This may indicate a potential exhaustion of short-term bearish momentum.

Fibonacci retracements drawn from the 0.02281 high to the 0.02148 low highlight key levels at 0.02186 (38.2%) and 0.02157 (61.8%). Price tested the 61.8% level and bounced, but a strong close above 0.02224 would be needed to confirm a reversal. The 200-period moving average remains above current price levels, suggesting the long-term downtrend is intact, although near-term buyers appear to be testing key support/resistance thresholds.

Backtest Hypothesis
In the context of DUSDT’s recent price behavior, a potential backtesting strategy could be constructed using a swing-high exit rule (Exit when price closes above the highest close of the previous N trading days). For this DUSDT time frame, using N = 20 (a common short-term resistance period) aligns with the recent attempts to break above 0.02220–0.02226. This approach would allow traders to capture short-term bounces if confirmed by volume.

Additionally, the appearance of a bullish reversal pattern at 0.02172 suggests an entry signal for a long position, with the 20-period swing high acting as a natural stop-loss and profit target. A full back-test, using historical DUSDT data from 2022–2025, would assess the viability of this pattern-based strategy compared to a benchmark like HOLD.P (Harbor Alpha Layering ETF). This would provide empirical insight into whether this technical pattern holds predictive power in the context of a low-volatility stablecoin pairing like DUSDT.