Gravity/Tether (GUSDT) Market Overview: 2025-10-13

• Price surged to a 24-hour high of 0.00818 near the session peak but failed to hold.
• RSI hit overbought territory, while volume spiked during consolidation phases.
• A bearish engulfing pattern emerged in late trading, signaling possible short-term reversal.
• Bollinger Bands showed moderate volatility with price retesting the upper band.
• Key support and resistance levels were retested and held for most of the session.

Gravity/Tether (GUSDT) opened at 0.0078 on 2025-10-12 at 16:00 ET, and closed at 0.00815 on 2025-10-13 at 16:00 ET, reaching an intraday high of 0.00818 and a low of 0.00777. Over the 24-hour period, the total trading volume was approximately 165,474,653.0 units, with a notional turnover of 1.339 billion USD equivalent (calculated as volume × price).

The price action over the past 24 hours was marked by a strong initial upward thrust, with GUSDT forming a series of higher highs and higher lows from 19:30 ET through midday on October 13. Key resistance was observed at 0.00804–0.00807, where price consolidated multiple times before breaking out. Support was clearly defined at 0.00795–0.00798, which held during pullbacks. A bearish engulfing pattern formed during the final candle, which could indicate a near-term reversal or at least a period of profit-taking.

The 20-period and 50-period EMA lines on the 15-minute chart remained in bullish alignment, with the 50 EMA acting as dynamic support. However, the price closed below the 20 EMA, suggesting weakening momentum. On the daily chart, the 50-, 100-, and 200-day EMAs were in an uptrend, supporting a broader bullish view. The MACD remained positive but showed a flattening histogram, hinting at waning bullish strength. The RSI reached overbought territory (above 70) during the session high, but it has since pulled back, suggesting a potential short-term pullback could be in the cards.

Bollinger Bands reflected moderate volatility throughout the session, with the price spending a significant portion near the upper band, especially after 10:15 ET on October 13. The width of the bands expanded during the breakout but began to contract again as the session progressed, indicating a potential pause or reversal in momentum. Fibonacci retracement levels from the key swing high of 0.00818 down to 0.00795 suggest that the 61.8% level at 0.00806 is a critical area for near-term action.

The volume profile showed increased activity during breakout phases, with particularly strong buying observed between 10:00 ET and 14:00 ET on October 13. However, volume during the bearish engulfing pattern was relatively thin, raising questions about conviction behind the reversal signal. Turnover also spiked during the early breakout, confirming the bullish bias.

Looking ahead, GUSDT appears poised for a short-term pullback following the overbought RSI and bearish engulfing pattern. Traders may watch the 0.00804–0.00807 resistance zone closely, with a break below 0.00800 potentially invalidating the recent bullish momentum. While the broader trend remains intact, near-term volatility could increase as the market digests the recent move. Investors should remain cautious of potential downside if volume fails to confirm further bullish breaks.

Backtest Hypothesis
Given the appearance of a Bearish Engulfing pattern in the final candle of the session, a potential short-term trading opportunity arises. A backtest could be designed to test the efficacy of entering a short position at the open of the next session (e.g., October 14 at 00:00 ET) and exiting at the close of the same day, based on confirmation of the pattern and key Fibonacci levels. This strategy could be tested on GUSDT or similar stablecoin pairs to assess its viability in a low-volatility, high-turnover environment. The 61.8% Fibonacci level at 0.00806 would serve as a stop-loss reference, while the 38.2% level at 0.00801 would be used as a target for a potential partial exit.