Market Overview for GoPlus Security/Tether (GPSUSDT)

Summary
• Price fluctuated between 0.0048 and 0.00495, forming several indecisive patterns near key levels.
• Momentum weakened after an early morning rally, with RSI hovering near 50.
• Volatility dipped late afternoon but surged overnight, indicating increased market interest.
• Bollinger Bands showed slight contraction during consolidation followed by a breakout attempt.
• Turnover spiked at 00:15 ET with a large volume candle, possibly signaling a strategic entry or exit.

GoPlus Security/Tether (GPSUSDT) opened at 0.0049 on 2025-12-21 at 12:00 ET, reached a high of 0.00495, and a low of 0.00474 before closing at 0.00482 at 12:00 ET on 2025-12-22. Total trading volume for the 24-hour window was 34,719,843.05, with a notional turnover of approximately $135,635.

Structure & Formations

The price action displayed multiple key support levels, including 0.00483 and 0.0048, which were tested repeatedly. Resistance at 0.00495 and 0.0049 was also notable but failed to hold during late-night volume spikes. A bullish engulfing pattern formed at 00:15 ET, while a bearish harami emerged around 21:00 ET, indicating internal indecision.

Moving Averages

On the 5-minute chart, the 20-period MA closely tracked price movement, showing little divergence. The 50-period MA lagged slightly behind, suggesting a weak trend.

Daily MAs at 50, 100, and 200 were not available for 2025-12-22, so no direct crossover signals are evident for longer-term direction.

Momentum and Volatility

MACD remained neutral throughout, with the line hovering near the signal line. RSI oscillated between 40 and 60, indicating a balanced market without clear overbought or oversold conditions. Bollinger Bands showed a slight contraction around 21:00 ET, followed by a breakout attempt toward the upper band, which was met with heavy volume.

Volume and Turnover

The highest volume candle occurred at 00:15 ET with a turnover of over $15,460, suggesting a potential institutional or large-scale trade. Price and turnover were largely aligned, confirming key moves at 00:15 ET and 05:30 ET. A divergence was observed at 21:00 ET where volume dipped despite a price pullback, signaling caution.

Fibonacci Retracements

Fibonacci levels on the 5-minute chart showed the price testing the 61.8% retracement at 0.00483–0.00485 before consolidating. Daily retracement levels from the recent swing low at 0.00474 were not clearly broken, indicating the market may remain in a range-bound phase.

The market appears to be entering a phase of consolidation after a late-night rally, with increased volatility suggesting possible breakouts. A breakout above 0.0049 or a breakdown below 0.0048 may trigger stronger directional momentum. Investors should remain cautious of thin liquidity and sudden volume surges in the next 24 hours.