Summary
• Price tested key resistance at 0.01135 before consolidating near 0.01147.
• Momentum remains bullish with RSI hovering above 50 and MACD in positive territory.
• Volatility expanded in late trading, pushing price near the upper Bollinger Band.
• Volume surged during the 05:15–08:45 ET window, confirming a breakout attempt.
• Fibonacci retracement levels suggest 0.01129 and 0.01157 as potential pivots.
The dForce/Tether (DFUSDT) pair opened at 0.0111 on 2025-12-31 at 12:00 ET and closed at 0.01147 on 2026-01-01 at 12:00 ET. It reached a high of 0.01154 and a low of 0.01084, with a total volume of 7,977,640 and turnover of 90,077.05.
Structure & Formations
The pair formed a bullish breakout pattern from a descending triangle on the 5-minute chart, breaking above key resistance at 0.01135 and testing 0.01147–0.01154. A long bullish engulfing pattern emerged around 05:15–05:30 ET, while a doji at 03:15 ET signaled indecision following the early morning consolidation.
Moving Averages
Short-term momentum aligned with the 20-period and 50-period moving averages, which trended upward on the 5-minute chart. On the daily scale, price held above the 200-day MA, indicating a longer-term bullish bias, though the 50/100-day MAs are still converging.
Momentum and Volatility
RSI remained in the mid-50s for most of the session, suggesting balanced momentum. MACD crossed into positive territory and held, reinforcing the bullish bias. Volatility expanded after 04:30 ET, with the Bollinger Bands widening, and price closed near the upper band at 0.01154, suggesting a possible continuation of the upward move.
Volume and Turnover
Volume spiked significantly between 05:15 and 08:45 ET, aligning with price breaking out to the upside. Turnover increased in tandem, confirming the strength of the move. A divergence appeared between price and turnover in the early morning hours, but this was resolved as buying pressure picked up.
Fibonacci Retracements
Applying Fibonacci levels to the most recent 5-minute swing (0.01084 to 0.01154), key levels are at 0.01129 (38.2%), 0.01139 (50%), and 0.01157 (61.8%). The pair briefly pulled back to 0.01133–0.01134 before rallying again, suggesting strong support in that area.
Looking ahead, the price appears to have broken through a key resistance cluster and may test 0.01157–0.0116 over the next 24 hours, but a pullback to 0.01129–0.01134 is a valid risk to monitor. Investors should be cautious of potential profit-taking if volume cools after the current breakout.
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