Market Overview for DAR Open Network/Tether (DUSDT) – 2025-11-13

Summary
• DUSDT opened at $0.01959, hit $0.02007, and closed at $0.02001 after a volatile 24-hour session.
• Price moved between key Fibonacci levels, with notable RSI divergence suggesting mixed momentum.
• Trading volume surged over $2.14M, with strong participation during late ET hours.

DAR Open Network/Tether (DUSDT) opened at $0.01959 on 2025-11-12 at 12:00 ET and closed at $0.02001 at 12:00 ET on 2025-11-13. The 24-hour high was $0.02007, and the low was $0.01921. Total volume was 3.58 million units, representing a notional turnover of approximately $69,000.

Structure & Formations

Price action on the 15-minute chart showed a bullish breakout above prior resistance levels. A key 61.8% Fibonacci retracement level at $0.0196 was followed by a decisive rally. A bullish engulfing pattern formed around $0.0197, suggesting renewed buying pressure. No significant bearish patterns emerged.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed upward, indicating a potential bullish bias. On the daily chart, DUSDT closed above its 200-day MA, a positive sign for longer-term traders.

MACD & RSI

The MACD crossed above the signal line, signaling bullish momentum. However, RSI reached overbought territory near 70, suggesting caution for new long entries. A bearish divergence appeared in the RSI between $0.0197 and $0.0200, indicating potential profit-taking.

Bollinger Bands

Volatility expanded as the 20-period Bollinger Bands widened. Price traded near the upper band during the late ET session, suggesting strong short-term momentum. A contraction phase prior to the breakout could indicate a pre-breakout consolidation.

Volume & Turnover

Volume spiked during the late ET session, particularly around 03:30 ET with a $403,892 turnover, coinciding with a sharp rally to $0.0197. Notional turnover reached $69,000 over the 24-hour period, with strong confirmation of the bullish breakout.

Fibonacci Retracements

DUSDT retraced key levels during the session, with the 38.2% retracement at $0.0194 and the 61.8% at $0.0196 acting as pivotal support. The final rally broke above the 61.8% level, indicating a stronger near-term trend.

Backtest Hypothesis

The backtest hypothesis evaluated a 24-hour hold strategy for DUSDT between 2022-01-01 and 2025-11-13. Despite recent bullish momentum, the 24-hour strategy resulted in a negative 22.5% total return with a Sharpe ratio of -1.0, indicating it did not generate a profitable edge. Traders might consider extending the holding period or incorporating additional filters, such as RSI divergence or Bollinger Band signals, to improve performance.