Gravity/Tether (GUSDT) Market Overview – 2025-10-12

• Gravity/Tether (GUSDT) traded in a tight range most of the day before a sharp rally in late ET hours.
• A key resistance at 0.00759 was tested and retested during the 24-hour window.
• Volume surged during the final 4.5 hours, confirming the late-day price action.
• RSI and MACD signaled a potential shift in momentum as price broke out of a consolidation phase.
• Price remains within the Bollinger Band midline, suggesting ongoing uncertainty in near-term direction.

Gravity/Tether (GUSDT) opened at 0.00755 on 2025-10-11 12:00 ET and closed at 0.00753 the following day. The 24-hour range was between 0.0073 and 0.00785, with a final close of 0.00786. Total volume reached 139.36 million, while notional turnover amounted to approximately $1.07 billion, showing a sharp increase in activity during the final hours of the day.

In the 15-minute chart, the pair formed multiple bullish and bearish engulfing patterns, particularly during the late afternoon and evening hours. A significant bullish engulfing pattern emerged between 2025-10-12 15:00 and 15:15 ET, signaling a short-term reversal and confirming the breakout from a consolidation phase. Resistance levels at 0.00759 and 0.00761 were tested multiple times, while 0.00739 acted as a strong support. A bearish doji formed briefly at 2025-10-11 19:30 ET, suggesting indecision before the downward move.

On the 20/50 EMA, the 50-period line crossed above the 20-period line in late ET hours, indicating a potential short-term bullish bias. The 50 EMA at the 24-hour close was 0.00756, with the price closing above it at 0.00786, suggesting continued upside momentum in the short term. The daily 50/100/200 EMA showed a slower, more neutral trend with the price well above the 200-day line.

MACD turned positive in the final four hours of the session, with the line crossing above the signal line and forming a bullish divergence with price. RSI moved above 50 and reached 60, indicating moderate overbought conditions. Bollinger Bands showed a contraction in the early morning hours, followed by an expansion in the late afternoon and evening, suggesting a period of consolidation before volatility spiked. Price ended the 24-hour period just above the upper Bollinger Band, signaling strong momentum.

Volume surged in the final hours of the session, with a total of 13.94 million contracts traded between 15:00 and 16:00 ET. Notional turnover during this period was the highest of the day, with a total of $105.4 million traded in the final candle. This volume spike confirmed the bullish breakout and suggests strong institutional or algorithmic participation. A divergence between price and volume occurred between 19:30 and 20:30 ET when price dropped sharply while volume remained relatively subdued, indicating potential distribution at lower levels.

Fibonacci retracement levels applied to the key swing from 0.0073 to 0.00785 identified 0.00763 (61.8%) and 0.00746 (38.2%) as potential support and resistance. The price briefly touched the 0.00746 level during the 2025-10-12 01:15 ET candle and bounced strongly, suggesting that level acted as a psychological floor.

Backtest Hypothesis
Given the strong volume confirmation during the late-ET breakout, a potential backtesting strategy could be based on breakout signals from a consolidation pattern, combined with a 50 EMA crossover and RSI above 50. For instance, a long entry could be triggered when price closes above the 0.00759 resistance with volume above the 20-period average and RSI above 50. Stops could be placed just below 0.00752, while targets could be aligned with the 0.00775–0.00785 upper Bollinger Band range. This approach would seek to capture the momentum of a confirmed breakout in a highly volatile, low-volume consolidation phase.