Market Overview for DAR Open Network/Tether (DUSDT)

Summary
• Price broke above 0.01340 and tested 0.01350 on 24-hour highs amid rising volume and momentum.
• A bullish engulfing pattern emerged near 0.01340, suggesting short-term strength.
• RSI suggests slight overbought conditions, with volatility expanding on Bollinger Bands.
• Turnover surged during the final 4.5 hours, indicating increased participation.
• 61.8% Fibonacci retracement at 0.01345 may act as a near-term resistance.

DAR Open Network/Tether (DUSDT) opened at 0.01335 on 2026-01-03 12:00 ET, reached a high of 0.01378, and closed at 0.01345 on 2026-01-04 12:00 ET, with a low of 0.01323. Total volume stood at 10,785,955.0, and notional turnover reached $146,494.96 over the 24-hour window.

Structure & Key Levels

The price action showed a clear upward breakout from a consolidation range between 0.01330 and 0.01345. A bullish engulfing candle formed at 0.01340 during the early hours, signaling a reversal from a pullback. Key resistances are at 0.01345 (61.8% retracement) and 0.01350, while 0.01335 and 0.01330 act as immediate supports. A long upper shadow on the 0.01343–0.01356 candle suggests some selling pressure after a sharp move.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages are both bullish, with the 20 MA crossing above the 50 MA—a potential early signal of momentum turning higher. RSI reached 63–65 during the final hours of the period, indicating overbought conditions but not extreme. MACD lines showed positive divergence in the last 2 hours, confirming the strength of the upward move.

Volatility and Bollinger Bands

Volatility expanded as the price moved beyond the upper Bollinger Band at 0.01350, indicating aggressive buying pressure. The band width increased by ~8% over the 24-hour period, aligning with the sharp rise in volume and turnover. The closing price of 0.01345 sits near the upper band, suggesting elevated momentum and potential for a pullback or continuation.

Volume and Turnover Analysis

Volume and turnover surged dramatically between 04:00 and 08:30 ET, with a large 5-minute candle at 07:00 ET showing over 650,000 tokens traded. Notional turnover spiked to over $10,000 in the hour leading up to 12:00 ET. The increase in volume and price action align well, confirming the strength of the move higher.

Forward Outlook and Risk

The price appears to have built momentum with strong volume confirmation, but RSI in overbought territory suggests a potential pullback toward 0.01335–0.01330 may be likely. A break above 0.01350 could extend the rally, but traders should watch for divergences in volume and RSI to confirm continuation. Investors may consider tightening stop-losses near 0.01330 to manage downside risk.