Market Overview: The Graph/Tether (GRTUSDT) 24-Hour Analysis

Summary
• Price declined from 0.03534 to 0.0337, forming bearish engulfing patterns and a sharp breakdown below key support.
• RSI and MACD confirmed bearish momentum with divergence in late session volume and price.
• Volatility spiked with a 4.3% drop near the 0.0337 level, breaching a 61.8% Fibonacci retracement level.

Overview

The Graph/Tether (GRTUSDT) opened at 0.03534 on 2025-12-30 17:00 ET, hit a high of 0.03534, a low of 0.0333, and closed at 0.0337 as of 2025-12-31 12:00 ET. The total traded volume was 40,430,310.0 and notional turnover amounted to approximately 1,354,527.93 USD.

Structure & Formations

The price action over 24 hours featured a bearish breakdown from a descending channel and a bearish engulfing pattern forming near the opening high of 0.03534. A sharp breakdown occurred after 16:45 ET, where price dropped 4.3% into 0.0337, breaking below the 61.8% Fibonacci retracement of the initial bullish swing. Key support levels include 0.0345 and 0.0340, both of which failed to contain the downward momentum. A long-legged doji at 0.0345 suggested indecision, but the breakdown confirmed bearish bias.

Moving Averages and Volatility

The 20- and 50-period moving averages on the 5-minute chart were both above the closing price, reinforcing the bearish bias. Volatility, as measured by Bollinger Bands, showed a significant expansion during the breakdown, with price pushing below the lower band. This expansion suggests a period of high uncertainty and increased short-term risk.

Volume and Momentum

Volume spiked dramatically during the breakdown from 0.03428 to 0.0337, indicating aggressive liquidation or new short entries. This was accompanied by a sharp decline in price, suggesting strong conviction. In contrast, the final 2 hours showed a divergence: volume dropped while price continued to retest the 0.0340 level, hinting at potential exhaustion of the bearish move. RSI confirmed this, hitting oversold territory near 28, suggesting potential for a near-term bounce.

Forward-Looking Outlook

The breakdown below 0.0345 and the subsequent move to 0.0337 signals a potential short-term bearish phase. However, the oversold RSI and diverging price-volume action suggest caution. Traders may monitor the 0.0340–0.0345 range for potential consolidation or reversal. Investors should remain cautious as volatility remains elevated and directional bias is not yet resolved.