Market Overview for GMT/Tether (GMTUSDT): 24-Hour Summary as of 2025-12-28

Summary
• Price surged from $0.01461 to $0.0156 in early hours before consolidating around $0.0150–$0.0153.
• Key support at $0.0148–$0.0149 and resistance at $0.0153–$0.0154 tested multiple times.
• Volume spiked during early morning rally but declined later, suggesting possible exhaustion.
• RSI and MACD suggest overbought conditions at highs but neutral to bearish momentum at lows.

GMT/Tether (GMTUSDT) opened at $0.01461 on 12:00 ET − 1, reached a high of $0.0156, and closed at $0.01506 by 12:00 ET on 2025-12-28. Total volume was approximately 12,377,975.3 and turnover was $195,813.34.

Structure & Formations

GMTUSDT exhibited a strong bullish breakout from the $0.0148–$0.0153 range, reaching a 24-hour high of $0.0156 before reversing on bearish momentum. A key resistance at $0.0153 was tested multiple times and held in the latter half of the day. A bullish engulfing pattern formed early in the morning (02:15–02:30 ET) confirmed the short-term breakout.

Moving Averages

On the 5-minute chart, the 20-period MA crossed above the 50-period MA early in the morning, confirming a bullish bias during the rally. On the daily chart, the 50-period MA remained above the 100- and 200-period MAs, supporting a constructive longer-term trend.

MACD & RSI

The MACD crossed into positive territory mid-morning and remained above the signal line until late afternoon, reflecting sustained buying pressure. However, RSI reached overbought levels above 65 at the high of $0.0156, suggesting potential for a short-term pullback. Later in the day, RSI dipped below 50, signaling caution.

Bollinger Bands

Volatility expanded in the early hours as GMTUSDT moved from $0.0148 to $0.0156 within 2.5 hours, pushing the bands outward. By the afternoon, price had consolidated within a tighter range, reflecting a potential contraction in volatility. Price spent most of the latter half of the day between the 1-standard deviation lines, suggesting a period of consolidation.

Volume & Turnover

Volume peaked in the early morning at over 8 million units, coinciding with the price breakout to $0.0156. Turnover increased in line with this volume surge. However, volume declined significantly after 06:00 ET, with turnover failing to maintain the earlier pace, suggesting that follow-through buying was lacking. A bearish divergence appeared in the late morning as price moved higher but volume waned.

Fibonacci Retracements

A key retracement level at 61.8% of the morning rally ($0.0153) acted as resistance throughout the day. Price attempted to break above this level multiple times but failed, suggesting it may serve as a near-term ceiling.

Looking ahead, GMTUSDT may consolidate in the $0.0149–$0.0153 range over the next 24 hours, with potential for a test of the $0.0156 high if bullish momentum resurfaces. Investors should watch for volume confirmation on any breakouts and remain cautious of a short-term correction if $0.0148 support is tested.