DGBUSDT Bounces from 0.00424 with Surging Volume and Mixed Momentum

Summary
• DGBUSDT tested key support at 0.00424 before rebounding with bullish momentum.
• Volume surged during 22:00–04:00 ET, confirming a higher-high rally to 0.00445.
• RSI and MACD suggest moderate overbought conditions amid tightening Bollinger Bands.

DigiByte/Tether (DGBUSDT) opened at 0.00428 on 2026-02-06 12:00 ET, touched a high of 0.00445, a low of 0.00416, and closed at 0.00434 by 2026-02-07 12:00 ET. Total volume was 29,443,060.9, while turnover amounted to 124,317.09 USD.

Structure and Candlestick Behavior

Price found critical support at 0.00424 during the 20:00–22:00 ET window, followed by a strong reversal. A bullish engulfing pattern at 22:30 ET and a long-legged doji at 04:45 ET signaled indecision and potential exhaustion. Resistance levels appear to congregate near 0.00435–0.00440, with Fibonacci retracement levels (61.8% at ~0.00437) reinforcing the significance of this cluster.

Momentum and Volatility Signals

MACD crossed above the zero line, indicating positive momentum, though RSI reached overbought territory (70–75) after the 04:30 ET rally. Bollinger Bands narrowed sharply overnight before expanding during the rally, reflecting a potential breakout phase.

Volume and Turnover Dynamics

Volume spiked during the 22:00–04:00 ET window, especially around the 0.00440 level, suggesting accumulation. Notional turnover aligned with price increases, indicating strong conviction in the upward move.

Forward-Looking Outlook

DGBUSDT appears to be consolidating near 0.00435, with a potential break above 0.00440 offering a bullish path. However, a retest of 0.00424–0.00426 may occur if buyers falter. Investors should closely monitor volume behavior and RSI divergence for early signs of exhaustion or continuation.