Summary
• DUSDT traded in a tight range before surging to $0.01501, then consolidating near $0.0149.
• A bearish divergence in RSI emerged late in the session, suggesting potential downward pressure.
• Volume spiked during the rally to $0.01501 but has since faded, indicating reduced conviction.
• Bollinger Bands widened during the breakout, confirming increased volatility.
• Key support at $0.01484 and resistance at $0.01501 defined intra-day price action.
DAR Open Network/Tether (DUSDT) opened at $0.01469 (12:00 ET - 1), reached a high of $0.01501, and closed at $0.0149 (12:00 ET) on 2025-12-12. The 24-hour trading session saw a total volume of 10,089,899.5 and a notional turnover of $151.49.
Structure and Key Levels
The price action formed a bearish divergence in the RSI during the last three hours, as price made higher highs but the oscillator failed to follow. A strong 5-minute bullish engulfing pattern pushed DUSDT to $0.01501 from $0.01481 between 18:45 and 19:00 ET, suggesting a temporary reversal.
However, the price failed to hold above $0.015 and pulled back into a consolidation phase. Support appears to be forming at $0.01484, while resistance remains at $0.01501.
Momentum and Volatility
The MACD crossed into positive territory during the surge to $0.01501 but has since retreated, indicating weakening bullish momentum. RSI peaked near 55 during the breakout, falling below 50 after 23:00 ET and suggesting a potential bearish setup. Bollinger Bands expanded during the breakout but have since contracted, indicating a period of lower volatility and indecision.
Volume and Turnover Dynamics
Volume spiked significantly during the 18:45–19:00 ET candle, with 495,249.0 contracts traded — the highest in the dataset. However, volume has since declined, with the last few hours showing a more subdued flow. Notional turnover followed a similar pattern, peaking at $7.44 during the breakout and declining to below $1.00 in the final hours. This divergence between price and volume raises questions about the sustainability of the recent rally.
Short-Term Outlook and Risk Considerations
The price may test the $0.01484 support level in the next 24 hours, with a break below that level increasing the likelihood of a retest of $0.01474. Traders should remain cautious about the bearish divergence in RSI and watch for confirmation signals from volume and price action. A sustained move above $0.01501 could signal renewed buying interest, but without a strong follow-through, a consolidation or pullback remains likely. Investors are advised to monitor key levels and use stop-loss orders near the $0.01484 level to mitigate downside risk.
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