Market Overview for DAR Open Network/Tether (DUSDT): 24-Hour Analysis as of 2025-09-16

• DUSDT traded in a consolidating range between 0.03336 and 0.03473, ending slightly higher amid moderate volume.
• Momentum remained mixed, with RSI hovering near neutral levels and no clear overbought/oversold signals.
• A key support at 0.0337 and resistance at 0.0345 became apparent from price clustering and retracement levels.
• Bollinger Band width expanded during late-night buying, suggesting increased short-term volatility.
• Volume surged in late ET hours, supporting the 0.0341–0.0345 breakout attempt but failed to confirm a strong trend.

DAR Open Network/Tether (DUSDT) opened at 0.03401 on 2025-09-15 at 12:00 ET and closed at 0.03486 as of 2025-09-16 at 12:00 ET, with a high of 0.03495 and a low of 0.03336. Total volume for the 24-hour period was approximately 19.8 million units, with a notional turnover (amount × price) of roughly $6.87 million, assuming a Tether price of $1.00.

Structure & Formations

The 15-minute OHLCV data reveals a clear price range bounded by support at 0.0337 and resistance at 0.0345. During the late-night and early morning hours, a bullish breakout attempt emerged, but price failed to close above 0.0345 consistently. A small bearish engulfing pattern at 0.03446–0.03437 (01:00–01:15 ET) hinted at short-term profit-taking. Conversely, a bullish morning star pattern formed around 03:45–04:00 ET, suggesting potential reversal support. A notable doji appeared at 04:15 ET, signaling indecision after a sharp decline to 0.03336. The consolidation pattern suggests traders are waiting for a catalyst to break the range.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages closely converged, suggesting a sideways market with no strong directional bias. The 50-period MA at ~0.03415 acted as a dynamic support during several downswings. On the daily chart, the 50/100/200 MA lines were nearly aligned around the 0.0341–0.0342 level, reinforcing the idea that the current price is in a period of equilibrium with no clear trend bias. Price remains above all three, suggesting a mild bullish tone in the broader context.

Backtest Hypothesis

A potential backtest strategy could involve entering long positions during bullish engulfing or morning star patterns that form near the 0.0337 support, with a stop-loss just below the nearest bearish doji. A short-term trade could target a take-profit at the 0.0345 resistance, with a trailing stop to lock in gains as momentum builds. A 50-period MA crossover could serve as an exit trigger if price fails to break out cleanly. This strategy aligns well with the observed price behavior and would be best tested over a broader sample of similar consolidation patterns in DUSDT.