Market Overview for DAR Open Network/Tether (DUSDT) — October 5, 2025

• Price surged past 0.0315–0.0316 resistance before consolidating.
• Volatility and turnover spiked sharply during the Asian session.
• MACD turned bullish; RSI indicates moderate momentum but not overbought conditions.
• Price appears range-bound within the 0.0308–0.0323 band in recent hours.

DAR Open Network/Tether (DUSDT) opened at 0.03081 on October 4 at 12:00 ET and closed at 0.03157 on October 5 at 12:00 ET, hitting a high of 0.03238 and a low of 0.03081. Total volume was 10.39 million, with notional turnover reaching $327,600. The asset showed strong intraday momentum, especially during Asian and European trading hours.

Structure & Formations

Price tested key resistance levels at 0.0315 and 0.0316 multiple times, ultimately breaking above during the early Asian session. A bullish engulfing pattern formed at 0.0314–0.0316 on the 15-minute chart, signaling renewed buying pressure. A doji appeared at 0.03177–0.03174, suggesting indecision at higher levels. The 0.0308–0.0309 support zone held firm during early overnight selling, offering a psychological floor.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart crossed to the bullish side as price surged past 0.0316. On the daily chart, price remains above the 50- and 100-day moving averages but near the 200-day line, indicating a potential long-term support area at 0.0309–0.0310. The 50-day SMA sits just below 0.0315, reinforcing the importance of that level.

MACD & RSI

The MACD turned positive during the Asian session and maintained bullish momentum through the early European window. A bullish crossover occurred at 0.03157, supporting the view that buyers controlled the session. RSI peaked at 58 and has since fallen to 54, indicating moderate strength without overbought conditions. A rise above 60 could trigger stronger follow-through.

Bollinger Bands

Bollinger Bands expanded during the Asian session as volatility surged. Price traded well above the upper band at 0.0317 during the breakout, signaling high conviction. As of the 12:00 ET close, price sits near the middle band, indicating potential consolidation. A contraction in band width later in the session may precede another directional move.

Volume & Turnover

Volume surged during the Asian and European sessions, especially at key levels such as 0.0316–0.0317 and 0.0319–0.0321. The largest candle recorded 3.12 million in volume at 0.03163–0.03165, corresponding to a 0.03165 close. Notional turnover spiked from $16,000 to over $80,000 during this period, aligning with price strength. A divergence appeared in late European and early US trading as price rose but volume waned—suggesting possible near-term exhaustion.

Fibonacci Retracements

Applying Fibonacci retracements to the 0.03081–0.03238 swing, price found key resistance at 0.0316 (38.2%) and 0.0320 (61.8%). These levels coincided with notable congestion and turning points. A break above 0.0320 could target 0.03238–0.0325 as the next psychological barrier. On the daily chart, a 38.2% retracement of the prior weekly low is at 0.0310, which may act as a near-term floor.

Backtest Hypothesis

The backtesting strategy outlines a systematic entry on bullish engulfing patterns followed by a stop-loss placed below the 20-period moving average. Given the recent bullish engulfing pattern at 0.0314–0.0316 and a 20-period MA near 0.0315, this setup could align with the strategy. A trailing stop at 0.0314 or 0.0313 would have captured most of the upside while limiting downside risk. Historical data would be required to validate win rates and risk-reward ratios for this pattern on DUSDT.