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Summary
• Price action showed a bearish breakdown on the 5-minute chart following a key support level at 0.01196.
• Momentum indicators suggested weakening upward pressure, with RSI entering oversold territory in late hours.
• Volatility expanded during the last 6 hours, highlighted by a sharp selloff from 0.01208 to 0.01173.
• A large volume candle at 09:00 ET-1 confirmed the breakdown, with over 1.3 million units traded.
The dForce/Tether (DFUSDT) pair opened at 0.01199 on 2026-01-08 12:00 ET, reaching a high of 0.01208 and a low of 0.01165 before closing at 0.01194 on 2026-01-09 12:00 ET. Total volume was 11,175,360.0 units, with a notional turnover of $133,709.43 over the 24-hour window.

The market appears to be in a consolidation phase after the breakdown, with bearish pressure dominating. Traders may watch for a potential bounce near 0.01185 or a further test of 0.01165. Volatility remains elevated, so caution is advised ahead of any short-term reversal or continuation.
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