Market Overview for dForce/Tether (DFUSDT) on 2025-09-22

• DFUSDT fell sharply overnight, closing 1.2% lower at 0.02556
• Key 0.0260 level broke to the downside amid high-volume bearish momentum
• Volatility widened with Bollinger Bands expanding, signaling trend continuation risk
• RSI entered oversold territory, but divergence in price vs. momentum suggests caution
• Large 15-minute bearish candles confirm weak buying pressure

dForce/Tether (DFUSDT) opened at 0.02843 on 2025-09-21 at 12:00 ET, reaching a high of 0.02851 before falling to a 24-hour low of 0.02508. As of 12:00 ET on 2025-09-22, the pair closed at 0.02556. Total volume over the 24-hour window amounted to 33,213,247.0 units, with a notional turnover of approximately $843,149,196 (calculated using volume × price range).

The price structure reveals a clear breakdown from key psychological levels, with strong bearish momentum evident in the late-night and early-morning sessions. A decisive move below 0.02600 has opened the door for further downside toward 0.0250, a level where early morning volume spiked dramatically. A bearish engulfing pattern formed during the 06:00 ET-06:15 ET window, confirming the shift in sentiment. The price has been below all short-term and mid-term moving averages, reinforcing the downward trend.

MACD has turned negative with a bearish crossover, while RSI has entered oversold territory at 23. This suggests potential for a near-term bounce, but given the divergence between price and RSI (price still declining while RSI flattens), caution is advised. Bollinger Bands have widened significantly, indicating heightened volatility and trend persistence. Price currently sits near the lower band, historically a point of either reversal or continuation depending on volume and order flow.

Volume has remained elevated throughout the selloff, with the 06:00 ET-06:15 ET candle alone seeing 4.2 million units traded—nearly 10% of the total 24-hour volume. This confirms the depth of the bearish move. Fibonacci levels from the recent swing high at 0.02849 show 0.02727 (38.2%), 0.02624 (50%), and 0.02521 (61.8%) as key areas of potential support and resistance.

The trend may persist over the next 24 hours, targeting 0.0250 as the next immediate support. However, an oversold RSI could trigger a short-term bounce. Investors should remain cautious, particularly around the 0.0260 level, where early rejection or retest may signal trend strength.