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Summary
• Price traded within a 0.00584–0.006 range, forming a consolidation pattern.
• Strong volume confirmed key resistance at 0.0059–0.00592.
• RSI showed neutral momentum with no overbought or oversold signals.
• Bollinger Bands narrowed mid-day, suggesting potential for a breakout.
DigiByte/Tether (DGBUSDT) opened at 0.0059 on 2026-01-10 at 12:00 ET and traded as high as 0.006 before closing at 0.00588 by 12:00 ET on 2026-01-11. The 24-hour trading range was between 0.00584 and 0.006. Total volume was approximately 14.5 million, and notional turnover reached ~$86,600.
The price action formed a tight range-bound pattern between 0.00584 and 0.006, with key support observed at 0.00586 and resistance at 0.0059–0.00592. A bullish engulfing pattern appeared briefly around 20:00 ET as price rose from 0.00589 to 0.00594, but it was not confirmed by follow-through buying. A doji formed at 08:45 ET, indicating indecision.
On the 5-minute chart, price hovered slightly above the 20-period and 50-period SMAs during active trading hours, suggesting mild bullish pressure. Daily moving averages (50/100/200) were not readily visible from the 5-minute data but would likely show
trading near key mid-term averages.MACD remained flat to slightly positive during the session, with no clear divergence in price and momentum. RSI oscillated between 45 and 55, indicating neutral momentum without overbought or oversold conditions.
Bollinger Bands contracted between 03:00 and 06:00 ET, signaling a period of low volatility, followed by a modest expansion as buying interest increased. Price remained within the bands for most of the session, with occasional touches of the upper and lower boundaries.
The highest volume was recorded between 20:30 and 21:00 ET during a push to 0.006, with turnover peaking at $9,109. Volume declined during consolidation periods, with no significant divergence between price and turnover observed.
A minor swing from 0.00588 to 0.006 saw price retrace to 38.2% (0.00593) and 61.8% (0.0059) levels, where it found temporary resistance. These levels could serve as watchpoints for near-term direction.
DGBUSDT appears poised for a breakout after a period of consolidation, with key resistance at 0.00592 and support at 0.00586. However, low volatility and mixed momentum suggest a cautious approach for the next 24 hours. Investors should monitor volume and RSI for signs of trend continuation or reversal.
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