Market Overview for The Graph/Tether (GRTUSDT) – October 14, 2025

• The Graph/Tether (GRTUSDT) traded in a 24-hour range between $0.0652 and $0.0753 with a close at $0.06725
• A distinct bearish reversal unfolded from peak $0.0753 to $0.0672, with key support at $0.0672–$0.0668
• Volume spiked during the early morning dump (post-05:00 ET), confirming bearish conviction
• RSI and MACD showed bearish divergence during the rally attempt on 10/14, signaling momentum exhaustion
• Volatility expanded during the selloff, with Bollinger Bands widening to reflect heightened uncertainty

The Graph/Tether (GRTUSDT) opened at $0.0708 on 2025-10-13 at 12:00 ET and reached a high of $0.0753 before declining to a 24-hour low of $0.0652. It closed at $0.06725 at 12:00 ET on October 14, 2025. The total volume over the 24-hour period was approximately 62.5 million tokens, while the notional turnover reached $4.36 million.

Price action showed a clear bearish reversal after a sharp intraday high. A key support level appears to have formed around $0.0672–$0.0668, where the price found a temporary floor. The formation of a bearish engulfing pattern in the 15-minute chart around 05:00 ET and 07:00 ET confirmed a shift in sentiment. A doji around $0.0694–$0.0696 on the morning of October 14 also signaled indecision and potential exhaustion of buyers.

The 15-minute 20SMA crossed below the 50SMA in the morning of October 14, reinforcing the bearish bias. The 50-period moving average now rests at approximately $0.0685, suggesting further downward momentum may be capped until this level is tested. On the daily chart, the 50DMA (approx. $0.0715), 100DMA ($0.0722), and 200DMA ($0.0730) remain as resistance levels for a potential rebound.

MACD showed a bearish crossover during the selloff, with the histogram shrinking as price stabilized. RSI dropped into oversold territory (30s) but failed to trigger a meaningful rebound, suggesting bearish momentum may not yet be exhausted. Bollinger Bands expanded during the selloff, with price currently sitting near the lower band, indicating heightened volatility and possible continuation of the downtrend. Fibonacci retracement levels show the 61.8% level at $0.0670–$0.0675, where the price appears to have found some short-term support.

Backtest Hypothesis
Given the bearish engulfing patterns observed during key selloffs, a backtesting strategy could be built around detecting such formations in GRTUSDT’s 15-minute candlestick data. Once identified, a short-term trading rule could be: “Sell on confirmation of the bearish engulfing pattern and buy back on the third-day close to capture mean reversion.” This would mirror the recent behavior where bearish patterns led to continued selling pressure rather than immediate bounces. Testing this approach on historical GRTUSDT data—especially during periods of high volatility like this one—could validate its robustness and refine entry/exit thresholds. The strategy could then be adapted to a broader portfolio of altcoins with similar structure.