Gravity/Tether (GUSDT) Market Overview – October 4, 2025
• Gravity/Tether (GUSDT) dipped to 0.01019, the lowest in 24 hours, amid bearish price rejection near 0.01025.
• RSI signaled oversold conditions below 30, while MACD turned negative, confirming bearish momentum.
• Volatility widened with Bollinger Band expansion, reflecting heightened market uncertainty and price swings.
• Volume surged in the early hours of October 4, especially around the 0.0102–0.0103 range, hinting at accumulation or panic selling.
• A doji formed at 0.01047, signaling indecision at key resistance; 0.01025 and 0.0104 now appear as critical support and resistance.
Gravity/Tether (GUSDT) opened at 0.01054 on October 3 at 12:00 ET and closed at 0.01019 on October 4 at 12:00 ET. The pair reached a high of 0.01066 and a low of 0.01019 over the 24-hour period. Total trading volume amounted to 8,197,896.0, and notional turnover was approximately $86.08 (assuming $100 million notional value for GUSDT). Price action suggests bearish dominance, with a breakdown below key support levels.
Structure & Formations
The 24-hour OHLCV data reveals a bearish bias, with a breakdown below key support at 0.01025 and a subsequent test of 0.01019, which became a short-term floor. A doji at 0.01047 signals indecision at a former level of consolidation. A small bullish engulfing pattern near 0.01025–0.01027 hints at potential buying interest. Resistance levels to watch include 0.0104 (psychological round level), 0.01047, and 0.01052. Support is now at 0.01025 and 0.01019. The 0.0104–0.01047 zone appears to be a likely area for short-term retests if buyers return.
Moving Averages
Over the 15-minute timeframe, the 20- and 50-period SMAs show a steep bearish crossover, reinforcing the downward trend. On the daily chart, while data isn’t explicitly provided, the 50-day, 100-day, and 200-day SMAs likely show a bearish alignment, with the 200-day SMA potentially serving as a major psychological level. Price appears to be well below the 50 and 200-day SMAs, indicating a bearish bias over the medium term.
MACD & RSI
The RSI dropped into oversold territory below 30, signaling a potential short-term rebound. However, the MACD remains bearish, with a negative histogram and a cross below the signal line, indicating ongoing bearish momentum. The divergence between RSI and MACD could signal a false recovery or a continuation of the downtrend. A close above 0.01047 may trigger a retest of the 0.0105–0.01052 range.
Bollinger Bands
Volatility expanded as price moved from the upper band at 0.01066 to the lower band at 0.01019. The widening of the bands reflects increased uncertainty and trader activity. Currently, the price is near the lower band at 0.01019, suggesting a potential bounce or further consolidation. A retest of the lower band could either fail, leading to a breakdown below 0.01019, or reverse with a move back toward the mid-band and upper resistance.
Volume & Turnover
Volume spiked sharply on the breakdown below 0.01025, reaching 1,245,294.0, and again at 0.01027, with a total of 902,760.0. This confirms the bearish move. The late morning and early afternoon on October 4 showed a surge in volume, particularly between 0.0102–0.0103, suggesting either panic selling or accumulation by long-term buyers. Notional turnover followed the same pattern, with the highest turnover occurring during the 0.01025–0.01027 consolidation phase.
Fibonacci Retracements
Applying Fibonacci retracements to the 0.01053–0.01066 swing, 38.2% is at 0.01058 and 61.8% at 0.01062. The 0.01058 level acted as resistance during the breakdown, and 0.01052–0.01055 became a key support cluster. On the daily chart, the 0.0105–0.01065 swing shows 38.2% at 0.01043 and 61.8% at 0.01034. The 0.01034 level may become a critical support if the trend continues downward.
Backtest Hypothesis
The backtesting strategy involves a short-term reversal trade on oversold RSI levels below 30, with a target of the 38.2% Fibonacci retracement and a stop loss placed just below the recent low. Given the current bearish momentum, this strategy might yield positive outcomes if the price corrects near 0.01019–0.01025. However, a continued breakdown would negate the trade setup, making this a high-risk, high-reward scenario in a strongly bearish context.
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