Market Overview for DAR Open Network/Tether (DUSDT) on 2025-12-23
Summary
• DUSDTD-- tested and retested the 0.0133–0.01345 range, forming potential consolidation before a break.
• A bearish divergence appeared on RSI near 0.01338, suggesting weakening momentum.
• Volume spiked during the 19:30–20:30 ET selloff, confirming bearish pressure.
• Price remained within a tight Bollinger Band contraction, signaling a possible breakout.
• A bullish engulfing pattern emerged in the final 1.5 hours, hinting at a short-term reversal.
DAR Open Network/Tether (DUSDT) opened at 0.01341 on 2025-12-22 12:00 ET, reached a high of 0.01354, a low of 0.01312, and closed at 0.01333 on 2025-12-23 12:00 ET. The 24-hour trading volume was 10,234,635.0, with a notional turnover of approximately $135,539.53 (using 0.01333 average close as price proxy).
Structure and Trends
Price activity formed a defined trading range between 0.01312 and 0.01354, with a consolidation phase between 0.01328 and 0.01338.
The 0.01345 level acted as a key resistance, while 0.0133–0.01332 appeared to be a dynamic support. A bullish engulfing pattern formed in the final 1.5 hours, suggesting a potential short-term reversal.
Moving Averages and Momentum
On the 5-minute chart, the 20-period MA (0.01338) and 50-period MA (0.01337) aligned closely, indicating a flat, consolidating market. RSI dipped into the 40–45 range by the end of the period, signaling a potential oversold condition, while MACD remained near zero with a slightly bearish divergence during the selloff.
Volatility and Volume
Bollinger Bands were tightly compressed for much of the session, with price hovering near the lower band before the late-hour reversal. Volume surged during the 19:30–20:30 ET sell-off, confirming bearish pressure, followed by a smaller but meaningful increase during the final 45 minutes.
Patterns and Fibonacci Levels
Fibonacci retracement levels from the 0.01312–0.01354 swing placed 61.8% at 0.01334 and 38.2% at 0.01339, aligning closely with recent price action. A doji and a bullish engulfing pattern appeared at the session’s close, both signaling indecision and potential reversal.
In the next 24 hours, traders may watch for a breakout above 0.01345 or a breakdown below 0.0133 for confirmation of the next directional move. A failure to hold above 0.0133 could lead to a deeper test of 0.01315. Investors are advised to monitor volume and RSI divergence as leading indicators.
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