Market Overview for DAR Open Network/Tether (DUSDT)

• DUSDT fell to 0.03436 before rallying slightly, but remains in a downward trend.
• Volatility surged in the first half of the day, with a high of 0.03817 and low of 0.03444.
• RSI and MACD suggest bearish momentum, with price near key Fibonacci levels.
• Volume was highest during the sharp decline from 0.03787 to 0.03492.
• Turnover and price diverged during the 08:00–11:00 ET selloff, indicating weak conviction.

DAR Open Network/Tether (DUSDT) opened at 0.03595 on September 14, 2025 (12:00 ET − 1), reached a high of 0.03817, and a low of 0.03444, closing at 0.03471 as of 12:00 ET on September 15. Total 24-hour volume was 15.59 million units, while total turnover reached approximately $586,648, based on average prices.

Structure & Formations

The price action formed a bearish broadening pattern with a clear low at 0.03444 and high of 0.03817. Key resistance levels include 0.0365, 0.0375, and 0.0380, while support zones sit at 0.0350, 0.0345, and 0.0340. A long lower shadow on the 08:00–12:00 ET candle suggests rejection at 0.0345, with bears regaining control afterward. A potential bullish reversal pattern appears near the 0.0347–0.0349 cluster if buyers re-enter.

Moving Averages

On the 15-minute chart, the 20-period MA crossed below the 50-period MA, forming a bearish "death cross." On the daily timeframe, the 50-period MA (0.0363) is above the 200-period MA (0.0360), but the trend shows a slight bearish bias. A breakdown below 0.0350 could trigger a faster MA crossover and confirm a medium-term downtrend.

MACD & RSI

The MACD turned negative after the 08:15 ET selloff, indicating bearish momentum. RSI reached oversold territory at 28 during the 10:00–11:00 ET low, but failed to generate a strong rebound. This suggests weak conviction in buying pressure. A rally above 0.0355 would need a positive MACD divergence to signal a possible short-term bounce.

Bollinger Bands

Volatility expanded significantly after the 00:00 ET candle, with price breaking out of the upper band to reach 0.03817. The bands then widened before contracting to the 0.0344–0.0348 range by midday. Price is currently near the lower Bollinger band, indicating a possible oversold condition, though with no immediate rebound signal.

Volume & Turnover

Volume spiked during the 02:00–08:00 ET selloff, particularly between 05:00–08:00 ET, with the largest turnover seen at 08:15 ET. However, price and volume diverged in the 08:00–11:00 ET window—turnover declined while price continued to fall—suggesting bearish exhaustion. This may represent a potential turning point.

Fibonacci Retracements

Applying Fibonacci to the 0.03444–0.03817 swing, the 61.8% level (0.0361) was rejected, followed by a breakdown to the 50% level (0.0363). Price is now near the 38.2% retracement at 0.0356, with a potential next target at 0.0350 (38.2% of the current downtrend from 0.03817). A breakout above 0.0363 could challenge the 0.0370 level.

Backtest Hypothesis

Given the bearish structure and divergence in volume and RSI, a backtest strategy could be designed to short DUSDT on a close below 0.0350 with a stop just above 0.0355. A target at 0.0340 would align with the 38.2% Fibonacci level and Bollinger band support. If the RSI holds below 30 and MACD remains negative, this strategy could offer favorable risk/reward for the next 24–48 hours, provided no major bullish catalysts emerge.