Gravity/Tether (GUSDT) Market Overview

• Price advanced to 0.00646 before correcting to 0.00636 amid moderate volume.
• Key resistance at 0.00645 and support at 0.00633 identified with consolidation ongoing.
• MACD suggests weakening momentum while RSI indicates neutral to overbought conditions.
• Volatility expanded after 04:00 ET, with a 0.6% range seen in the past 4 hours.
• Turnover increased during the bullish phase but diverged from price in the last 3 hours.

Gravity/Tether (GUSDT) opened at 0.00622 (12:00 ET – 1) and reached a high of 0.00646 before settling at 0.00636 as of 12:00 ET. Total volume for the 24-hour period was 40.5 million contracts, with a turnover of approximately $261,000. Price action displayed clear signs of consolidation after a sharp upward move in early hours.

The 15-minute OHLC structure revealed a strong bullish impulse from 18:00 to 04:15 ET, forming a multi-wave rally with a peak at 0.00646. A bearish correction followed, forming a broad distribution pattern that has yet to find a new equilibrium. Key support appears to be forming at 0.00633, with a potential for further testing in the coming hours.

The 20-period and 50-period moving averages on the 15-minute chart show a bullish crossover, supporting the view of short-term continuation. However, the 50-period EMA has started to flatten, indicating weakening momentum. On the daily timeframe, the 50 and 200-period SMAs remain divergent, suggesting a longer-term bearish bias is still in place.

MACD turned negative in the last 4 hours, with a bearish crossover occurring around 05:00 ET. This aligns with the RSI, which currently sits at 58–62, indicating neutral to overbought conditions. The combination of these tools suggests that a pullback to test 0.00633 is likely, though a reversal above 0.00642 could reinvigorate the bullish trend. Bollinger Bands have expanded significantly during the rally, with price now trading near the upper band, indicating elevated volatility.

Fibonacci retracement levels from the most recent high (0.00646) to low (0.00622) suggest key levels at 0.00637 (38.2%), 0.00634 (50%), and 0.00631 (61.8%). These levels align with observed support and resistance structures. If the current correction continues, the 0.00631 level may become a critical psychological floor. A sustained break below that could target 0.00628 or lower.

Backtest Hypothesis
The backtesting strategy relies on accurate price data to simulate performance, yet the system encountered an error: “get_asset_price, key price” — indicating the automated engine could not locate or load GUSDT price data for the required period. This highlights a critical dependency of any strategy backtesting process on reliable and accessible historical data feeds. In this case, the price data for the 2022–2025 period was unavailable, preventing the simulation from proceeding. A potential resolution is to use a more commonly referenced pair, such as BTCUSD, or manually provide the missing close prices for the affected period. This would allow for a more accurate test of the intended hypothesis, such as a breakout or mean-reversion model. Given the current data constraints, any strategy based on GUSDT should be validated with manual data inputs before further simulation.