Market Overview for Dymension/Tether (DYMUSDT) – 2025-10-09

• Dymension/Tether (DYMUSDT) closed near the 12:00 ET low after a volatile 24-hour range between 0.173 and 0.179.
• The pair exhibited bearish momentum on the RSI and a weakening MACD, suggesting possible exhaustion in the rally.
• Volatility expanded in the afternoon, with a key support level forming around 0.173–0.174.
• Volume spiked in the early hours of 2025-10-09 before fading, while turnover confirmed the dip into the 0.165–0.166 zone.
• Fibonacci levels suggest 0.174 and 0.177 as key watchpoints for potential reversal or continuation.

Dymension/Tether (DYMUSDT) opened at 0.173 on 2025-10-08 at 12:00 ET, reached a high of 0.179, and closed at 0.167 as of 12:00 ET on 2025-10-09. The 24-hour notional volume totaled 18,052,908.8 USD, with a total turnover of 3,105,190.2 USD, reflecting high liquidity and interest during the session.

Structure & Formations

The 15-minute chart displayed a bearish structure with a notable bearish engulfing pattern forming around the 0.178–0.176 zone late on 2025-10-08. A key support level was reinforced at 0.173–0.174, where the price spent several hours and bounced multiple times. A doji formed at 0.177 on 2025-10-09 morning, indicating indecision. The price then continued to fall into the 0.165–0.166 range with a long lower shadow at 0.163 on 2025-10-09 at 14:45 ET.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart crossed bearishly, with the 20 MA below the 50 MA. On the daily chart, the 50-period MA crossed below the 100 and 200-period MAs, forming a death cross. This suggests a longer-term bearish bias, with potential for further consolidation or decline if the price remains below the 50-period MA.

MACD & RSI

The MACD histogram showed a gradual bearish divergence from the 15-minute high of 0.179 through to the close of the session. The RSI dipped below 30 in the late hours of 2025-10-09, indicating oversold conditions near the 0.163–0.165 levels. While this could be a signal for a short-term bounce, the bearish momentum from the MACD suggests caution.

Bollinger Bands

Volatility expanded significantly during the session, with the upper band reaching 0.179 and the lower band dipping to 0.162. The price spent much of the session near the lower band, suggesting oversold territory and a potential for a rebound. However, the long bearish tail at 0.163 indicates that selling pressure could still dominate in the near term.

Volume & Turnover

Volume spiked in the early hours of 2025-10-09, confirming the drop to 0.163–0.165. However, as the price stabilized and moved slightly upward, volume began to decrease, suggesting waning interest in the short term. Turnover mirrored the volume pattern, reinforcing the move into the lower range. Price and turnover appear to be aligned in the bearish phase, with no divergence observed.

Fibonacci Retracements

Applying Fibonacci levels to the 0.173–0.179 swing, the 38.2% and 61.8% levels fell at 0.176 and 0.174, respectively. These levels coincide with key areas of consolidation and potential reversal points. The recent 0.163–0.166 retracement could form a base for a short-term bounce or further bearish extension.

Backtest Hypothesis

A potential backtest strategy would be to enter short positions upon a close below the 20-period MA on the 15-minute chart, combined with an RSI below 30 and volume confirmation. A stop-loss could be placed above the most recent 61.8% Fibonacci level (0.174), with a target toward the 0.162 level based on the Bollinger band support. This approach aligns with observed bearish momentum and key support levels identified during the session.