Gravity/Tether (GUSDT) Market Overview – November 4, 2025

Summary
• Gravity/Tether (GUSDT) posted a bearish 24-hour close amid declining momentum.
• Volume spiked during the midday selloff but failed to confirm a sustained trend.
• RSI suggests oversold conditions, but price remains pressured near key support.

GUSDT opened at $0.00636 at 12:00 ET – 1 and closed at $0.0061 at 12:00 ET, with a high of $0.00646 and a low of $0.00595. Total volume reached 44,524,011.0, and notional turnover came to ~$279,155. Price remains in a tight 15-minute range, with bearish control evident in the late-day breakdown.

Structure & Formations

Price has formed a bearish continuation pattern since late afternoon, with a key breakdown below the 0.00615–0.0062 support zone. A doji appeared at 00:45 ET, signaling indecision, while a bearish engulfing pattern occurred at 18:15 ET, confirming a shift in momentum. Resistance now resides at the 0.00621–0.00625 zone, where repeated rejection has occurred.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart show a bearish crossover, with the 20 MA below the 50 MA. On the daily chart, the 50-day MA at ~0.00618 acts as a critical psychological level. A close below this could trigger further bearish momentum.

MACD & RSI

MACD has turned negative, with bearish divergence visible in the histogram. RSI reached oversold levels near 28, but a failure to bounce from this zone increases the likelihood of a deeper pullback. The RSI histogram has remained negative for four consecutive candlesticks, reinforcing bearish sentiment.

Bollinger Bands

Volatility has expanded, with price breaching the lower band for a brief period at 05:30 ET. The 20-period Bollinger band width has widened from ~0.00015 to ~0.0003, indicating increased uncertainty among traders. Price has remained inside the bands since the morning session, suggesting a lack of extreme volatility.

Volume & Turnover

Volume spiked during the 18:15–20:00 ET window, with the 18:15 candle alone accounting for 9.5 million contracts. Turnover also increased during this period but failed to produce a meaningful rebound in price. A divergence between volume and price action suggests weakening buying pressure.

Fibonacci Retracements

The 61.8% Fibonacci retracement level at 0.00605 has become a key area of interest, with price testing this level multiple times in the last 48 hours. A break below would target the 50% level at 0.00595, which is currently the 24-hour low.

Backtest Hypothesis

To evaluate the predictive power of the bearish engulfing pattern on GUSDT, a backtest using 2022–2025 15-minute candlestick data could provide insight. By measuring the average return over 1–5–10 trading sessions post-pattern confirmation, we can assess its reliability in this context. A focus on RSI divergence and Bollinger band breakouts could further refine the strategy.