Market Overview for dForce/Tether (DFUSDT) – 2025-09-13

• Price for DFUSDT rallied to a high of $0.03004 before retracting near $0.03 by 12:00 ET.
• Volatility expanded significantly as Bollinger Bands widened, indicating a breakout phase.
• Volume surged in the final hours, with turnover exceeding $9,439,800, confirming bullish momentum.
• RSI moved into overbought territory, suggesting a potential pullback could follow.
• Key Fibonacci retracement levels at 0.02981 and 0.03025 may act as immediate support and resistance.

The dForce/Tether (DFUSDT) pair opened at $0.02882 on 2025-09-12 at 12:00 ET and closed at $0.03 by 12:00 ET on 2025-09-13. The price reached a high of $0.03004 and a low of $0.02882, with total volume of 4,917,361 units and a notional turnover of approximately $142,485,570. Momentum has picked up significantly, especially in the final hours of the day.

Structure & Formations

The price structure reveals a clear bullish bias, with a strong rally off the 0.02911–0.02921 support level, which appears to have acted as a key pivot. A notable 15-minute bullish engulfing pattern formed around 22:30 ET, with a high of 0.02953, confirming a breakout from a prior consolidation phase. Later in the session, a bearish reversal pattern emerged around 00:30 ET, suggesting a potential near-term correction. A key resistance appears to have formed around the 0.03004–0.03015 range, which could act as a psychological barrier.

Moving Averages

On the 15-minute chart, the price closed above both the 20-EMA and 50-EMA, reinforcing the bullish trend. The 50-EMA was last at ~$0.02938, with the 20-EMA at ~$0.02951. On the daily chart, the 50-, 100-, and 200-day EMAs have been moving upward, suggesting a longer-term bullish tilt. The price is currently above all three, a positive sign for continuation traders.

MACD & RSI

The MACD crossed above the signal line in the early evening session and has remained bullish, with the histogram expanding on the last 4-6 candlesticks. This indicates growing upward momentum. The RSI has surged into overbought territory (~68–72) on multiple occasions, suggesting that a pullback could occur. A divergence between the RSI and price in the late-night session hints at possible short-term exhaustion.

Bollinger Bands

Volatility expanded significantly during the trading session, with the Bollinger Bands widening from ~$0.0003 to ~$0.0015. The price has spent most of the day near the upper band, indicating a strong bullish impulse. A retest of the lower band (~$0.0293–0.0295) may offer a buying opportunity for trend-followers, while a break above the upper band could signal a new leg higher.

Volume & Turnover

Volume and turnover spiked during the final six hours of the session, with the peak turnover occurring around 14:00 ET when the pair traded $9,439,800 on the candle that gapped down from $0.03018 to $0.02987. Despite this bearish divergence, the price remains above key support levels. The lack of a meaningful price reversal after this volume spike suggests that the bullish trend may continue.

Fibonacci Retracements

Applying Fibonacci retracements to the recent swing from 0.02882 (low) to 0.03004 (high), the 38.2% retraction is at ~$0.02944 and the 61.8% retraction is at ~$0.02978. These levels could provide short-term support/resistance. On the daily chart, the 38.2% and 61.8% levels are at ~$0.0294 and ~$0.0301, respectively, aligning with current price action and confirming their importance.

Backtest Hypothesis

Given the recent bullish momentum and key Fibonacci levels, a backtest strategy could focus on entering long positions on a retest of the 0.02978 level, using a tight stop-loss below 0.0295. A take-profit target could be placed at 0.03025, a key Fibonacci resistance level and psychological round number. The MACD and RSI provide signals for entry confirmation and exit timing. Traders may also consider shorting on a failure to break above 0.03004–0.03015, using the 0.0299 as a stop. This strategy would aim to capitalize on the current trend while managing risk through disciplined exits.