Market Overview for DAR Open Network/Tether (DUSDT)

• DUSDT traded in a 24-hour range of $0.01981–$0.02079, closing near intraday highs with rising momentum.
• RSI suggests moderate overbought conditions, while MACD shows bullish divergence and strong bullish momentum.
• Volatility expanded in late hours, with Bollinger Bands widening and price testing upper boundaries multiple times.
• Volume spiked during key breakout attempts, aligning with price surges near $0.0206–$0.0207.
• A bullish engulfing pattern formed at $0.0206–$0.0207, suggesting short-term bullish continuation.

24-Hour Price and Volume Snapshot

DAR Open Network/Tether (DUSDT) opened at $0.02033 on October 31, 2025, at 12:00 ET, reached a high of $0.02079 on November 1, 2025, and closed at $0.02064 by 12:00 ET. The price traded between $0.01981 and $0.02079 during the period, with a total traded volume of 10,462,083 and a notional turnover of approximately $212,712. The asset showed strong late-day momentum amid increasing volume and volatility.

Structure & Formations

The 24-hour 15-minute chart shows a clear bullish bias, with a key resistance level forming at $0.0206–$0.0207, where several bullish engulfing and inside bar patterns emerged. A key support level appears at $0.0204–$0.0205, where price found buying interest multiple times during consolidation phases. A notable doji formed near $0.02053, signaling indecision before a sharp rebound. The price may test $0.0208 as the next resistance in the coming session if buying pressure remains strong.

Moving Averages and Trend Bias

On the 15-minute chart, the 20-period and 50-period moving averages are both bullish, with price holding above both. The 20SMA crossed above the 50SMA earlier in the session, confirming a short-term bullish crossover. Daily moving averages (50/100/200) suggest a longer-term bullish bias, with the 50DMA crossing above the 100DMA to form a golden cross, reinforcing the case for a continuation above $0.0205. The asset appears to be in a short- to medium-term bullish phase with strong technical support.

Momentum via MACD and RSI

The MACD (12, 26, 9) showed a bullish crossover in the final hours, with a strong positive histogram indicating accumulating buying pressure. RSI, at 63–68 over the last few hours, suggests the asset may be in overbought territory but remains below the critical 70 level, indicating room for further upside. The momentum appears to be diverging slightly from the price in late consolidation phases, but overall, the indicators remain aligned with a bullish bias.

Bollinger Bands and Volatility

Volatility has expanded significantly during the session, particularly in the last six hours, as price has repeatedly tested the upper Bollinger Band. The bands have widened from a contraction seen earlier in the day, confirming an increase in market activity and bullish participation. The price has remained within the bands, suggesting the move remains within the bounds of a healthy bullish trend without signs of extreme overbought conditions yet.

Volume and Turnover Insights

Volume increased sharply during late-hour buying phases, especially during the push above $0.0206–$0.0207. Notional turnover rose in tandem with price, showing strong confirmation rather than divergence. The volume profile suggests a high level of conviction in the bullish move, with large block trades and consistent order flow observed in the final hours. The volume and price alignment suggests strong buyer participation is likely to continue.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing low at $0.01998 and the swing high at $0.02079, the price has tested the 61.8% retracement level at $0.02051 and is currently approaching the 78.6% retracement near $0.0207. A successful breakout above $0.0207 could target the next key level at $0.02085, with the 50% retracement at $0.02037 serving as a potential intermediate support level if the trend faces near-term resistance.

Backtest Hypothesis

Given the strong MACD bullish crossover and RSI momentum above 60, a potential backtesting strategy could involve entering long positions at key breakout levels such as $0.0206 and $0.0207, with a stop-loss placed below $0.0205 to manage downside risk. A target could be set near $0.02085 or the 78.6% Fibonacci level. This approach would leverage the bullish divergence in momentum and the confirmation from volume and price alignment to capture a continuation of the trend.