Market Overview for DAR Open Network/Tether (DUSDT)

Summary
• Price declined sharply from 0.01459 to 0.01322, forming a bearish breakdown below key support.
• High volume confirmed bearish momentum, especially in the late ET session.
• RSI and MACD both signaled oversold conditions, suggesting potential for a near-term rebound.
• Volatility expanded significantly during the breakdown, with wide Bollinger Band divergence.
• A long lower shadow near 0.01322 suggests some short-term buying interest.

Market Overview

DAR Open Network/Tether (DUSDT) opened at 0.01448 on 2026-01-01 12:00 ET, reaching a high of 0.01473 and a low of 0.01313 before closing at 0.01322 on 2026-01-02 12:00 ET. Total volume for the 24-hour period was 175,741,952.0, with a notional turnover of 2,482,168.704.

Structure & Formations

Price experienced a sharp bearish breakdown from a prior consolidation range around 0.01455, falling below key support at 0.01447 and breaking through 0.01435 before accelerating lower. A long lower shadow near 0.01322 suggests a potential short-term floor.

Moving Averages

On the 5-minute chart, price closed well below the 20-period and 50-period moving averages, reinforcing bearish bias. Daily moving averages are not available for the requested time frame, but the 5-minute chart shows a clear breakdown in trend alignment.

MACD & RSI

The RSI reached an oversold reading near 25, while the MACD showed a bearish crossover with a large negative histogram. These indicators may signal an overextended move, potentially setting up for a near-term rebound, though bearish momentum remains intact.

Bollinger Bands

Volatility expanded significantly during the breakdown, with price reaching the lower band at 0.01313. The bands had previously shown a period of contraction, which may have signaled a potential breakout.

Volume & Turnover

Volume spiked dramatically during the breakdown, particularly in the late ET session when price dropped below 0.01435. Notional turnover also increased sharply, confirming the bearish move. No significant divergence was observed between price and turnover, suggesting the move was well-supported.

Fibonacci Retracements

On the 5-minute chart, price dropped below the 61.8% Fibonacci retracement of the previous upward swing, confirming a potential deeper decline. The 38.2% level at ~0.01432 did not offer significant support, allowing for further bearish extension.

DUSDT appears to have entered a bearish phase, with a sharp breakdown in price and volume confirming the move. While technical indicators suggest some oversold conditions, the next 24 hours could see a test of the 0.01322-0.0134 range. Investors should remain cautious and watch for potential short-covering or stabilizing signals.