Market Overview for DUSDT: Volatility Eases, Range-Bound Action Expected

Summary
• Price rebounded off key support at 0.0165-0.0167 before consolidating in the 0.0170–0.0174 range.
• Momentum waned in the RSI, signaling potential exhaustion of buyers after an early surge.
• Volume saw a moderate decline in the final hours, suggesting a lack of conviction in the recovery.

DAR Open Network/Tether (DUSDT) opened at 0.01357 on 2025-12-23 12:00 ET, reached a high of 0.02063, and closed at 0.01541 by 12:00 ET on 2025-12-24. Total volume was 447,248,673.0, with a notional turnover of $7,434,524.45 (volume × average price).

Structure and Key Levels

Price tested the critical support zone between 0.0165 and 0.0167 multiple times before stabilizing in the 0.0170–0.0174 range, forming a tentative base. The 0.01718–0.0174 level appears to be a short-term pivot. On the 5-minute chart, a bullish engulfing pattern emerged in the 0.01713–0.01786 range but failed to push above 0.0180, suggesting a lack of strong follow-through.

Moving Averages and Momentum

A 20-period and 50-period moving average on the 5-minute chart show a bearish crossover as of the final hours, signaling fading momentum. The RSI flattened in the mid-40s, indicating a pause in directional bias. MACD showed a shrinking histogram, with the line trending lower, hinting that the initial buying pressure is losing steam.

Volatility and Bollinger Bands

Volatility increased during the early hours of the trading window as the price surged from 0.0165 to over 0.0190. Bollinger Bands showed a modest expansion during this phase, with price closing near the middle band at the end. A contraction may be forming, suggesting potential range-bound action ahead.

Volume and Turnover Divergence

The initial rally was supported by strong volume surges, particularly in the first 4–5 hours, but volume tailed off in the final 6 hours of the window. This divergence between price and volume could indicate weakening conviction in the current trend. Turnover remained fairly consistent in the 0.0170–0.0174 range, with no sharp spikes.

Fibonacci Retracements

Key retracements from the 0.01357–0.02063 move align with the 0.0167 (38.2%), 0.0180 (50%), and 0.0192 (61.8%) levels. Price currently rests just above the 38.2% level, near the lower end of a potential consolidation phase.

Forward-Looking Outlook

DUSDT appears to be consolidating in a short-term range bound by 0.0165 and 0.0174–0.0180. A break above 0.0180 could signal renewed strength, but traders should watch for volume confirmation. A close below 0.0167 would raise concerns about further downside, though current indicators suggest a likely continuation of the range. Investors should remain cautious as divergence and flattening momentum suggest limited directional bias for the next 24 hours.