Market Overview for DAR Open Network/Tether (DUSDT): 2025-12-29

Summary
• Price action shows bearish momentum breaking key 5-minute support at 0.01470.
• RSI and MACD signal weakening bullish momentum with RSI near oversold territory.
• Volatility increased after a contraction, with price testing lower Bollinger Band boundaries.
• Notional turnover surged during key selloff, confirming bearish pressure.
• Fibonacci levels suggest potential consolidation near 0.01461–0.01465 on a rebound.

DAR Open Network/Tether (DUSDT) opened at 0.0148 on 2025-12-28 at 12:00 ET, reached a high of 0.01502, and closed at 0.0147 on 2025-12-29 at 12:00 ET, with a low of 0.01446. Total volume was 34.7 million units, and notional turnover stood at $50,200.

Structure and Candlestick Patterns

Price formation on the 5-minute chart revealed bearish continuation patterns, including a bearish engulfing candle after the high of 0.01502. The breakdown below 0.01470 marked a key support level, which was decisively breached, suggesting further downside could be in play.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages were trending downward, confirming the bearish bias. The MACD showed negative divergence as the line remained below the signal line, while RSI dipped into oversold territory, hinting at potential short-term stabilization or a pullback.

Bollinger Bands and Volatility

Volatility spiked as price approached the lower Bollinger Band, indicating a possible exhaustion of the current bearish move. A prior contraction in volatility preceded the break below key support, signaling the likelihood of a continuation or a test of the next Fibonacci level at 0.01461.

Volume and Turnover Analysis

Volume and notional turnover surged during the selloff, with the largest 5-minute volume spike near 0.01464. The increase in volume aligns with the price drop, offering confirmation rather than divergence.

Fibonacci Retracements

A 5-minute swing from 0.01446 to 0.01502 shows 38.2% and 61.8% retracement levels at 0.01477 and 0.01466 respectively. Price appears to be consolidating near the 61.8% level, suggesting a possible bounce or further breakdown in the near term.

Market participants may watch for a retest of 0.01461–0.01465 as a potential support cluster. However, the bearish momentum remains intact, and a break below 0.01456 could trigger further downside. Investors are advised to remain cautious and manage risk accordingly in the coming 24 hours.