Market Overview for dForce/Tether (DFUSDT)

Summary
• Price declined sharply from 0.01414 to 0.01323 on heavy volume.
• A bearish engulfing pattern formed near 0.01405.
• RSI oversold below 30, while MACD shows bearish divergence.
• Volatility expanded as Bollinger Bands widened.
• Fibonacci retracement at 0.01377 (61.8%) held temporarily.

24-Hour Performance

At 12:00 ET on 2025-12-11, dForce/Tether (DFUSDT) opened at 0.01390, reached a high of 0.01414, and fell to a low of 0.01303, closing at 0.01323. The 24-hour trading volume was 11.9 million USDT, with a notional turnover of approximately $155,000.

Structure & Key Levels

The price formed a bearish engulfing pattern on the 5-minute chart near 0.01405, signaling potential bearish momentum. A key support level appears to be forming around 0.01323, with 0.01377 (61.8% retracement of the morning rally) acting as a short-term resistance. A strong break below 0.01303 could trigger further downside.

Moving Averages and Momentum

On the 5-minute chart, the 20SMA and 50SMA have both turned downward, confirming the bearish bias.

RSI dipped into oversold territory below 30, while MACD showed bearish divergence as the histogram declined despite lower lows.

Volatility and Volume Analysis

Bollinger Bands widened significantly during the late afternoon sell-off, indicating rising volatility. The volume surged to over 2 million USDT during the key breakdown at 0.01375, confirming the move. Turnover and volume aligned, suggesting no divergence in conviction.

Forward-Looking Outlook

The immediate focus is on whether buyers can defend 0.01323. A failure to hold this level may invite further bearish continuation toward 0.01300. Investors should remain cautious of potential short-term volatility if volume rises above average levels again.