Market Overview for Gnosis (GNOUSDT) – 2025-08-25

• Gnosis (GNOUSDT) fell sharply from $144.49 to $135.04, with heavy selling pressure in late hours.
• A large bearish engulfing pattern formed around $143.33, confirming a shift in sentiment.
• RSI hit oversold territory near $135.04, suggesting potential for a short-term rebound.
• Volatility surged during the breakdown, with a 5.7% intraday range.
• Bollinger Bands expanded after 22:00 ET as volume spiked over $65.098 million.

Gnosis (GNOUSDT) opened at $139.78 on 2025-08-24 at 12:00 ET, reached a high of $144.49, then fell to a low of $135.04 before closing at $134.07 on 2025-08-25 at 12:00 ET. The 24-hour trading volume totaled 1,476.95 units with a notional turnover of approximately $206.3 million.

Structure & Formations

A major breakdown occurred around $143.33 with a large bearish engulfing pattern and a high-volume candle of $65.098 million. This level acted as a short-term resistance-turned-support, and its break confirmed a shift toward bearish momentum. Gnosis found temporary support at $135.04, where RSI dipped into oversold territory. A potential bullish reversal could occur if price closes above $141.48, the previous 15-minute resistance level.

Moving Averages

On the 15-minute chart, the 20-period moving average fell below the 50-period line in the last 6 hours, reinforcing the bearish bias. On the daily chart, the 50-period line crossed below the 200-period line, suggesting a deeper consolidation or correction could be underway.

MACD & RSI

The MACD line crossed below the signal line early in the session, indicating weakening momentum. RSI dropped into the 30s during the final hours, signaling possible oversold conditions and the potential for a countertrend bounce. However, without a clear reversal pattern above $139.55, this rally may be short-lived.

Bollinger Bands

Volatility increased significantly after 22:00 ET as price moved toward the lower Bollinger Band, with the band width expanding from 1.5% to over 4%. Price has remained near the lower band for the last 6 hours, suggesting exhaustion in the short-term bearish move and a possible recentering toward the 15-minute mean.

Volume & Turnover

Volume spiked sharply in the candle from 19:45 to 20:00 ET with a massive $65.098 million turnover, confirming the breakdown at $143.33. However, volume has declined in the past 4 hours despite continued price weakness, signaling potential divergence. This may hint at a lack of conviction in the bearish move or a consolidation phase.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from $139.28 to $144.49, Gnosis found a shallow retracement at $139.55 (38.2%) before falling further. On the daily chart, a retest of the 61.8% level at around $134.78 may mark a near-term bottom if supported by a volume recovery.

Gnosis appears to have entered a consolidation phase after the sharp breakdown, with short-term support near $135.04 and resistance at $139.55. While RSI suggests a possible bounce, the bearish bias remains strong unless a reversal pattern forms above $141.48. Investors should watch for a breakout or breakdown in the next 24 hours, with the risk of renewed selling pressure if $134.07 is tested.