Market Overview: dForce/Tether (DFUSDT) – 24-Hour Technical Snapshot
• dForce/Tether (DFUSDT) rose 0.6% over the past 24 hours, closing near a 24-hour high of 0.02515.
• Volume surged during the late ET hours, confirming the bullish breakout above 0.0250.
• MACD turned positive and RSI approached overbought territory, suggesting momentum may be waning.
• Bollinger Bands expanded as volatility increased, with price near the upper band on multiple 15-minute intervals.
• A key support level at 0.02485 was tested, while 0.02505 and 0.02514 represent short-term resistances.
The dForce/Tether (DFUSDT) pair opened at 0.02453 on 2025-09-26 at 12:00 ET and closed at 0.02501 on 2025-09-27 at 12:00 ET. The 24-hour high reached 0.02515, and the low settled at 0.02448. Total volume traded over the period was 4,653,627.0, and notional turnover amounted to approximately $116,465.00. Price action suggests a short-term bullish bias, supported by increasing volume and a clear breakout of key resistance levels.
Structure & Formations
Price found a key support at 0.02485 after a brief pullback, which was confirmed by a bearish engulfing pattern on the 15-minute chart. A strong bullish continuation pattern followed, with several higher highs and higher lows forming between 0.02490 and 0.02515. A large bullish candle closed at 0.02505 during the early ET hours, signaling strong conviction. A potential consolidation zone appears to be forming around 0.02495–0.02505, with a clear breakout toward 0.02515 observed.
Moving Averages
On the 15-minute chart, the 20-period and 50-period moving averages both trended upward, crossing above the 0.02490 level. On the daily chart, the 50-period and 200-period moving averages remain in a bullish alignment, indicating broader-term support for the pair. Price remained above all key moving averages for most of the 24-hour period, supporting a continuation of the current uptrend.
MACD & RSI
The MACD crossed above the zero line early in the period, confirming bullish momentum. The histogram expanded positively for several hours before showing signs of flattening. The RSI reached overbought territory (above 70) during the late ET hours, suggesting that further price gains may be limited unless volume continues to confirm the move. A bearish divergence in the RSI was observed during the last two hours of the period, which could indicate potential near-term profit-taking.
Bollinger Bands
Bollinger Bands expanded significantly during the late ET hours as volatility increased. Price touched the upper band on multiple occasions, with the most recent touch at 0.02515. A contraction in the bands was observed earlier in the period, which preceded the breakout. Price currently remains near the upper band, suggesting a continuation of the current volatility and trend.
Volume & Turnover
Volume surged during the late ET hours as price moved toward 0.02515, confirming the breakout. The highest volume spike occurred at 0.02506, with 137,287.0 traded in that interval. Notional turnover also increased during this phase, aligning with price action. A divergence between price and volume was observed during the last two hours of the period, where price moved higher but volume declined, suggesting that the bullish momentum may be waning slightly.
Fibonacci Retracements
On the 15-minute chart, key Fibonacci levels were drawn between the 0.02448 low and 0.02515 high. The 61.8% retracement level at 0.02485 acted as a strong support, and the 38.2% level at 0.02496 provided short-term resistance before the breakout. On the daily chart, the 50% retracement level of the broader move remains untested but could become relevant in the next 24–48 hours.
Backtest Hypothesis
Given the strong confirmation of the breakout at 0.02505 and the subsequent move toward 0.02515, a potential backtest strategy could involve entering long on a close above 0.0250 with a stop-loss placed below 0.02493. A take-profit target could be set at 0.02514 (61.8% retracement) and extended to 0.0253 (127.2% Fibonacci extension). The strategy would also include a volume filter, requiring at least a 30% increase in volume compared to the previous candle to confirm the breakout. This approach aligns with the observed technical conditions and could offer a favorable risk-reward ratio.
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