DAR Open Network/Tether Market Overview: Volatility and Momentum in 24 Hours

• Price surged from 0.02464 to 0.02644 amid rising volume and momentum
• Key resistance at 0.0253–0.0260 tested multiple times
• MACD and RSI signaled overbought conditions during peak rally
• Volatility expanded significantly during 05:45–06:00 ET
• Fibonacci retracement levels confirmed continuation of bullish bias

DAR Open Network/Tether (DUSDT) opened at 0.02464 at 12:00 ET − 1 and reached a high of 0.02693 before closing at 0.02501 at 12:00 ET. The 24-hour volume totaled approximately 216,739,891.0, with a turnover of $5,407,692.69 (assuming $1 = 1 DUSDT).

The price action reflected a distinct bullish bias, particularly during the overnight hours when trading volume spiked. A key support level at 0.0249–0.0252 and a resistance level at 0.0254–0.0260 were frequently tested. A bearish engulfing pattern appeared near 0.02644 at 06:15 ET, suggesting potential short-term resistance. A morning doji at 0.02606 around 06:30 ET highlighted indecision, while a bullish continuation pattern formed around 0.02536–0.0259 after 05:45 ET. These patterns point to a mixed outlook, with buyers showing strength but facing critical resistance near 0.0264.

Moving averages on the 15-minute chart suggested a bullish setup, with the 20-period MA crossing above the 50-period MA. The 50-period MA hovered near 0.0251–0.0253, reinforcing the bullish trend. On daily charts, the 50-period MA remained above the 200-period MA, indicating a long-term bullish bias. However, price has yet to break above the 200-period MA at 0.0259, which could act as a strong psychological barrier.

The MACD histogram showed a sharp expansion during the overnight rally, peaking around 05:45–06:00 ET as the price approached 0.02644. RSI reached overbought levels (70+), suggesting a potential pullback. Bollinger Bands expanded significantly during the rally, indicating heightened volatility. Price remained within the upper band for over 2 hours, a sign of strong buying pressure but also a warning of potential exhaustion. The 20-period BB upper band reached 0.0267 at 05:45 ET, suggesting a test of bearish reversal if this level breaks.

Fibonacci retracement levels applied to the overnight rally (0.0252–0.02644) showed key levels at 0.0259 (38.2%) and 0.0256 (61.8%) being tested and defended. A close above 0.0264 could signal further bullish momentum, while a retest of 0.0253 would confirm support. Given the current setup, a continuation of bullish momentum is likely, but a pullback to test 0.0250–0.0252 may occur before further upside.

The backtest hypothesis involves using MACD Golden Cross signals on the confirmed trading pair (e.g., “DOGEUSDT” or similar) to enter long positions, holding for 7 days, and measuring performance from 2022-01-01 to 2025-10-14. This approach relies on the MACD crossover as a momentum-based entry trigger, which we observed in the overnight rally. The success of such a strategy depends on the alignment of RSI and Bollinger Band signals, as seen in the 05:45–06:00 ET period. If the precise ticker is confirmed, a detailed backtest can be executed to assess the viability of this strategy in relation to current price dynamics.