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Summary
• Price formed a bullish engulfing pattern at 0.00602–0.00607 before consolidating.
• RSI showed overbought conditions during the 5-hour peak, now easing.
• Volatility expanded in late ET hours, with volume spiking above 3M.
• 50-period MA acted as support in late-night trading, stabilizing price action.
• Bollinger Bands narrowed early, then widened with the 0.00607 high.
DigiByte/Tether (DGBUSDT) opened at 0.00595 on 2025-12-11 12:00 ET, reached a high of 0.00616, and closed at 0.00606 on 2025-12-12 12:00 ET, with a low of 0.00590. Total 24-hour volume was 45,385,402.8 DGB, and turnover was $275,345.
Structure and Candlestick Formations
A strong bullish engulfing pattern emerged between 0.00602 and 0.00607, signaling potential short-term buying pressure. A doji formed near 0.00608 during early morning ET, indicating indecision. Key support appears to be 0.00602, with resistance at 0.00610.
Momentum and Volatility
Relative Strength Index (RSI) showed overbought conditions near 75 during the peak at 0.00607 before rolling back, suggesting a possible pullback. Moving Average Convergence Divergence (MACD) confirmed bullish momentum during the breakout but has since flattened.

Volume and Turnover Behavior
Trading volume surged past 3M DGB during the 0.00607 high and remained elevated in the 0.00604–0.00608 range. Turnover aligned with volume spikes, showing no major divergence. The highest turnover occurred between 18:00 and 21:00 ET, confirming the bullish breakout.
Fibonacci Retracement Levels
On the 5-minute chart, a key 61.8% retracement level at 0.00604 has acted as a pivot for multiple bounces. On the daily chart, the 38.2% retracement at 0.00606 may offer initial resistance ahead.
Price appears to be stabilizing near 0.00606 after a sharp rally. If buyers hold the 0.00602 support, a test of 0.00610 could follow. However, a breakdown below 0.00602 may trigger a retest of 0.00596. Investors should remain cautious of a potential pullback due to overbought conditions.
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