Market Overview for dForce/Tether (DFUSDT)

Summary
• Price broke below key support near 0.01110, forming bearish engulfing patterns in early morning hours.
• RSI entered oversold territory after a sharp decline, suggesting potential for short-term buying interest.
• Volume spiked during the late-ET sell-off but failed to confirm strong momentum.
• Bollinger Bands showed a slight widening, indicating rising volatility as the pair drifted lower.
• 20-period moving average on 5-minute chart crossed below price, reinforcing bearish bias.

At 12:00 ET on 2025-12-18, dForce/Tether (DFUSDT) opened at 0.01116 and closed at 0.01105 after a session low of 0.01087. Total 24-hour volume stood at 7,075,861.0, with notional turnover at $78,460. The price drifted lower on increasing volume, with bearish momentum taking hold after key support levels were breached.

Structure and Support/Resistance

The price broke below critical support at 0.01110 during the early hours of the morning, with a

engulfing pattern confirming the breakdown. A potential short-term support lies near 0.01100, with resistance retesting likely at 0.01115–0.01120 if a rebound forms.

Moving Averages and Momentum

On the 5-minute chart, the 20-period moving average crossed below the price line, reinforcing the bearish bias. While RSI approached oversold conditions in the early morning, divergence between volume and price suggests caution.

Volatility and Bollinger Bands

Bollinger Bands widened slightly during the sell-off, indicating increased volatility. Price closed near the lower band, suggesting potential for a bounce, but a break below 0.01100 could trigger further risk to the downside.

Fibonacci and Retracement Levels

Recent 5-minute swings show the price correcting to the 61.8% Fibonacci level near 0.01105. A break below this level could target the 78.6% retracement near 0.01092, where a floor might emerge.

Looking ahead, buyers may test the 0.01105–0.01110 range for potential support, but a continued breakdown could expose deeper levels. Traders should watch for confirmation from volume and RSI before taking directional positions.