Market Overview for dForce/Tether (DFUSDT) – 2025-10-25

• dForce/Tether (DFUSDT) rose 0.74% to 0.01899, rebounding above key support at 0.0189 after a 15-minute bullish engulfing pattern.
• Volatility expanded mid-session, with a 0.56% intra-15-minute swing between 0.01891 and 0.01911.
• RSI (14) approached overbought territory, signaling potential near-term exhaustion.
• Bollinger Bands widened post-5:30 AM ET, suggesting increased short-term uncertainty.
• Notional turnover surged to $7.85M as price tested 0.01903–0.01913 resistance cluster.

dForce/Tether (DFUSDT) opened at 0.01894 on October 24 at 12:00 ET and reached a high of 0.01911 before closing at 0.01899 on October 25 at 12:00 ET. Total volume over 24 hours was 13,947,416 and turnover amounted to $26,428,079. The pair rebounded from key support at 0.0189 before forming a bullish engulfing pattern, which could indicate a short-term reversal.

Structure & Formations

DFUSDT found critical support at 0.0189 (61.8% Fibonacci level) during the overnight session and formed a clear bullish engulfing pattern between 19:30 ET and 19:45 ET. A small doji near 0.01906 at 21:45 ET may signal indecision, but the immediate breakout above 0.01903–0.01913 resistance suggests buyers are regaining control. Key resistance at 0.0192–0.01925 remains untested and could act as a filter for further bullish momentum.

Moving Averages

On the 15-minute chart, price has crossed above both 20- and 50-period SMAs, indicating a short-term bullish bias. On the daily chart, the 50-period SMA is at 0.01898 and appears to coincide with the 61.8% Fibonacci retracement level. This suggests a possible consolidation phase if the 50 SMA is tested again in the next 24 hours.

MACD & RSI

The MACD histogram expanded into positive territory after 6:30 AM ET, confirming the bullish trend. RSI reached 62 in the last 15-minute bar, suggesting the pair is approaching overbought territory. However, a lack of divergence with price action implies the uptrend could continue, though with increasing caution for near-term pullbacks.

Bollinger Bands

Bollinger Bands widened significantly after 5:30 AM ET due to increased volatility, with price trading above the upper band for a short period. This volatility expansion may indicate a breakout attempt. If price remains above the 0.01905 mid-band level, the upper band could become dynamic support for further buying.

Volume & Turnover

Volume spiked to 845,895 at 7:45 AM ET and again to 169,241 at 8:45 AM ET as price tested the 0.01903–0.01913 resistance range. Notional turnover mirrored the volume increases, particularly during the 7:00–8:45 AM ET window. The positive correlation between volume and price suggests strong confirmation of the bullish trend.

Fibonacci Retracements

The 0.0189–0.01913 swing shows key levels at 0.01896 (38.2%), 0.01903 (61.8%), and 0.01911 (78.6%). Price appears to have found support at 0.0189 and is currently consolidating near the 61.8% level. A break above 0.01913 could target the next Fibonacci extension at 0.01922, but this remains untested.

Backtest Hypothesis

The bullish engulfing pattern identified between 19:30 and 19:45 ET could serve as the basis for a backtesting strategy. The pattern occurred after a bearish candle and was confirmed by higher volume and a strong close near the high of the engulfing candle. If applied to other assets or extended to a longer time window, this could yield actionable signals. Adjusting the filter to include any engulfing pattern—regardless of prior trend—may improve signal density. This would align with the observed structure of DFUSDT and could enhance the robustness of the strategy.