Market Overview for The Graph/Tether (GRTUSDT)

Summary
• GRTUSDT formed a bearish engulfing pattern near 0.04232, signaling potential reversal.
• Price found temporary support at 0.0415 and tested 0.0418–0.0420 resistance multiple times.
• Volatility expanded during the early session, with volume peaking around 19:30 ET.
• RSI entered overbought territory briefly before a sharp pullback, confirming bearish momentum.
• Bollinger Bands widened in the first half of the session, followed by a contraction into the closing hours.

The Graph/Tether (GRTUSDT) opened at 0.04147 on 2025-12-13 at 12:00 ET, reached a high of 0.04232, and closed at 0.0405 at 12:00 ET on 2025-12-14. Total 24-hour volume was approximately 30,923,589. Total turnover, calculated from volume and weighted average price, amounted to roughly 1,285,114 USDT.

Structure and Key Levels

Price traced a distinct bearish trajectory, forming a bearish engulfing pattern near 0.04232 and failing to reclaim key resistance at 0.0418–0.0420. Notable support was observed at 0.0415, which was tested three times and held during a volatile afternoon. The 5-minute chart shows a strong bearish bias, with 0.0405–0.0408 forming a potential short-term floor. On the daily chart, the 200-period moving average remains above current levels, indicating a broader bearish trend.

Momentum and Volatility Indicators

The RSI peaked above 60 during the early part of the session, suggesting short-term overbought conditions that were quickly reversed. MACD turned negative as bullish momentum dissipated, with a bearish crossover forming by mid-session. Bollinger Bands saw a period of expansion during the initial hours, followed by a tightening into the close, which could precede a breakout or consolidation phase.

Volume and Turnover Analysis

Volume spiked significantly around 19:30 ET, coinciding with a sharp decline from 0.04232 to 0.0415, confirming the bearish shift. Notional turnover mirrored this, with the most significant block trades occurring during the price breakdown. However, volume tapered off in the later hours, suggesting a potential pause in selling pressure. Divergence between volume and price in the final 6 hours may indicate a temporary stall in the downward trend.

Fibonacci and Retracements

On the 5-minute chart, a key 61.8% retracement level from the 0.0415–0.04232 swing fell near 0.0419, which was tested multiple times. Price failed to hold above this level, confirming bearish sentiment. On the daily chart, the 38.2% retracement of the broader move from 0.0423 to 0.0405 sits at 0.0413, aligning with a recent minor support level.

The market appears to be entering a phase of consolidation or reversal after a strong bearish thrust. A break below 0.0405 could trigger further downside risk, though volume signals suggest the market may be testing the depth of current bearish sentiment. Investors should monitor for a potential bounce from 0.0405 or a continuation of bearish pressure, with the next 24 hours likely to define the near-term direction. As always, unexpected macro events or market sentiment shifts could alter this outlook.