Market Overview for dForce/Tether (DFUSDT) on 2025-12-23

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Dec 23, 2025 6:17 am ET1min read
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Aime RobotAime Summary

- DFUSDT tested $0.01062 support, bounced with rising volume, forming a bullish engulfing pattern post-05:45 ET.

- RSI hit oversold near 30, Bollinger Bands contracted then expanded, signaling potential volatility increase.

- Sharp 19:00-20:00 ET selloff saw volume spike, confirming bearish pressure despite short-term bullish signals.

- Price retested 50% Fibonacci at $0.01063, with $0.01072 resistance and $0.01062 support critical for near-term direction.

Summary
• Price tested key support at $0.01062 but bounced with increasing volume.
• RSI entered oversold territory near the 30 threshold after a sharp decline.
• Bollinger Bands showed a moderate contraction early morning, followed by expansion.
• A bullish engulfing pattern emerged after 05:45 ET with strong confirmation.
• Volume spiked during the 19:00–20:00 ET selloff, suggesting liquidation pressure.

Market Overview


dForce/Tether (DFUSDT) opened at $0.01089 (12:00 ET − 1), reached a high of $0.01089, a low of $0.01057, and closed at $0.01063 (12:00 ET). Total volume for the 24-hour window was 5,999,365.0, with a notional turnover of $64,316.17.

Structure & Formations


The price formed a bullish engulfing pattern on the 5-minute chart around 05:45 ET, suggesting potential short-term buying interest. Key support levels were observed around $0.01062 and $0.01057, with resistance lingering near $0.01072. A doji formed near $0.01063 early afternoon, signaling indecision in the market.

Technical Indicators


On the 5-minute chart, the 20-period moving average sat above the 50-period line, indicating a slight bearish bias in the short term. The daily 200-period MA remained above current levels, suggesting a longer-term bearish backdrop. The MACD crossed into negative territory mid-day, aligning with the downward price action. RSI reached an oversold reading in the late morning before slowly recovering.

Bollinger Bands showed a moderate contraction during the overnight session and began expanding as the market moved closer to the lower band. This suggests the market may be entering a phase of higher volatility.

Volume and Turnover


Volume surged during the sharp decline in price between 19:00 and 20:00 ET, confirming bearish momentum. However, volume began to increase again after 05:00 ET, coinciding with the bullish engulfing pattern.
Notional turnover rose in tandem with the price action, showing no divergence between price and volume during the rally.

Fibonacci Retracements


Fibonacci levels drawn from the swing high at $0.01089 to the low at $0.01057 showed the price bouncing off the 38.2% retracement level at $0.01069, followed by a retest of the 50% level at $0.01063. This suggests that traders may be watching this area as a potential pivot point for near-term direction.

The market may attempt to retest the $0.01072 resistance level in the next 24 hours, but bearish pressure could resurface if the $0.01062 support is tested again. Investors should monitor for a potential breakdown or reversal pattern in the early hours of trading.