DODOUSDT Dips to 0.0137 on Weak Volume Confirmation

Summary
• Price declined to 0.0137 on 24-hour 5-min data, forming bearish fractals.
• Volume surged near 438,000 during final 5-min window but failed to confirm strength.
• RSI indicated oversold levels near 30, suggesting potential for short-term bounce.

DODO/Tether (DODOUSDT) opened at 0.0144 on 2026-02-10 12:00 ET, hit a high of 0.0145, a low of 0.0137, and closed at 0.0138 on 2026-02-11 12:00 ET. Total 24-hour volume was 4,380,043, with notional turnover of 60,482.47.

Structure & Formations

Price formed a bearish engulfing pattern around 2026-02-11 06:15 ET and a potential bullish hammer near the session close. Key support appears at 0.0137, with prior resistance at 0.0142-0.0143. A breakdown below 0.0137 could extend the decline.

Moving Averages

The 20-period and 50-period moving averages on the 5-min chart are bearishly aligned, with price trading below both for most of the session. Daily averages (50/100/200) remain neutral, suggesting short-term momentum favors the bears.

MACD & RSI

MACD showed bearish divergence in the final hour, with a negative crossover reinforcing downward bias. RSI reached oversold territory near 30 on the hourly chart, hinting at a possible short-term rebound.

Bollinger Bands

Price traded within a narrow Bollinger Band range early in the session but widened as the decline accelerated. The final close of 0.0138 sits near the lower band, reinforcing near-term weakness.

Volume & Turnover

Volume surged to 438,004 in the final 5-min window, aligning with a price rebound toward 0.0138. However, this may be a false confirmation. Notional turnover confirmed volume increases, but price failed to break above 0.0142.

Fibonacci Retracements

A key 61.8% Fibonacci level at 0.0139 acted as resistance during the final hour, preventing a full recovery. A break below 0.0137 could trigger a deeper test of prior support at 0.0135.

Price may find short-term support at 0.0137-0.0138 in the next 24 hours, but a break lower could target 0.0135. Investors should monitor volume and RSI for confirmation of a potential bounce.