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Summary
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DigiByte/Tether (DGBUSDT) opened at 0.00599 on 2026-01-16 at 12:00 ET, reached a high of 0.00617, and a low of 0.00599, closing at 0.00607 on 2026-01-17 at 12:00 ET. Total 24-hour volume was 29,944,583.8 and turnover was 182,988.75.
Structure & Formations
DGBUSDT formed a bearish engulfing pattern near 0.00615 on the 5-min chart, followed by a long lower wick from 04:00–05:00 ET, suggesting short-term bearish pressure. Key resistance remains at 0.00615–0.00617, with support at 0.00605–0.00608. The price has since settled near the 61.8% Fibonacci level of the prior bullish swing, indicating a possible consolidation phase.
Moving Averages

Momentum & Overbought/Oversold Conditions
The RSI peaked at ~70 during the early ET hours, signaling overbought conditions, before falling to ~55 by the close. MACD showed a bearish crossover in the 04:00–05:00 ET window, confirming a shift in momentum.
Volatility & Bollinger Bands
Volatility spiked during the 04:00–05:00 ET window as the price traded near the upper Bollinger Band. Price is currently trading within the bands, suggesting a return to range-bound behavior.
Volume & Turnover
Volume spiked sharply at 04:00–05:00 ET with a corresponding increase in turnover, reinforcing the bearish reversal. However, the subsequent decline in both volume and price activity indicates a cooling off in aggressive positioning.
Price may continue consolidating near the 61.8% Fib level in the coming 24 hours, with a potential test of support at 0.00605. Investors should watch for a break below 0.00603 as a sign of extended downside risk, but caution is warranted due to the uncertain positioning in the short term.
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