Market Overview for DODO/Tether (DODOUSDT) – 2025-10-03

• DODO/Tether (DODOUSDT) surged to a 24-hour high of $0.0482 before consolidating near $0.0467.
• Strong volume expansion occurred during the early morning hours, confirming a key breakout attempt.
• RSI signaled overbought conditions near $0.048, followed by a pullback into oversold territory.
• Bollinger Bands showed moderate volatility, with price trending closer to the upper band during the breakout.
• A 61.8% Fibonacci retracement level coincided with key support near $0.0465, which held twice during the session.

DODO/Tether (DODOUSDT) opened at $0.0458 on 2025-10-02 at 12:00 ET and closed at $0.0467 on 2025-10-03 at 12:00 ET. The pair reached a high of $0.0482 and a low of $0.0462, with a total volume of 12,166,523.6 and a notional turnover of $549,396.8. The price action was driven by a late-night breakout attempt followed by a consolidation phase.

The 15-minute chart revealed a clear bullish engulfing pattern forming around 04:15–04:30 ET, which coincided with strong volume expansion and a spike in turnover. A bearish doji appeared at $0.0479 around 05:15 ET, signaling indecision after the breakout. Key support emerged at $0.0465–0.0467, which has held on two separate retracements. Resistance levels were visible at $0.0473 and $0.0479, both of which saw sharp volume increases and price rejection.

The 20-period and 50-period moving averages on the 15-minute chart showed a bullish crossover around 04:30 ET, confirming the initial breakout. Daily MAs (50, 100, 200) are all aligned to the upside, suggesting a longer-term bullish bias. Price has remained above the 200-day MA, which is currently at $0.0459, indicating that the broader trend remains intact.

MACD turned bullish in the late-night hours, with a positive divergence forming in conjunction with higher highs. RSI pushed into overbought territory near $0.048, followed by a pullback into oversold conditions, suggesting a possible short-term reversal. Bollinger Bands showed moderate volatility, with price trending closer to the upper band during the breakout phase. The 61.8% Fibonacci retracement level at $0.0465 acted as a strong support zone and was retested twice during the session.