Green Metaverse Token Market Overview

• Green Metaverse Token (GMTUSDT) fell from $0.0443 to $0.0404 in 24 hours, closing near session lows.
• A sharp bearish divergence appears on RSI, suggesting momentum is waning despite a tight Bollinger Band contraction.
• Volume surged during the morning sell-off but faded into the afternoon, indicating weakening conviction.
• A key support level forms at $0.0401–$0.0403, with 61.8% Fibonacci retracement at $0.0405 acting as immediate resistance if buyers re-enter.
• Volatility remains compressed, hinting at potential breakouts or breakdowns in the next 24 hours.

Market Overview

Green Metaverse Token (GMTUSDT) opened at $0.0421 on 2025-08-24 at 12:00 ET, reached a high of $0.0443, and closed at $0.0404 on 2025-08-25 at 12:00 ET. The token traded with a 24-hour volume of ~34.9 million GMT and a total turnover of ~$1.46 million.

Structure & Formations

The candlestick pattern over the past 24 hours shows a strong bearish bias, particularly from 17:00 to 20:00 ET when prices surged above $0.0440 before collapsing into a sharp sell-off. A key bearish engulfing pattern appears around 19:30 ET as prices opened at $0.0440 and closed at $0.0440, only to be followed by a long bearish candle the next hour. As of 12:00 ET, the price is consolidating near $0.0404 with a tight range, suggesting a potential reversal setup or a continuation of bearish momentum depending on next-day volume and macroeconomic signals.

A key support level appears to be forming at $0.0401–$0.0403, as the price tested this area twice in the last 4 hours. A break below this level could accelerate the downtrend toward $0.0398 or even $0.0395. Resistance at $0.0405 (61.8% Fibonacci level) is critical—failure to break this could keep the token range-bound in the short term.

Moving Averages

The 15-minute chart shows the price currently below both 20 and 50-period moving averages, reinforcing the bearish momentum. On the daily chart, the 50-period MA is at $0.0406 and is starting to cross below the 100 and 200-period MAs, signaling a potential bearish crossover.

MACD & RSI

The RSI has fallen into oversold territory, currently at ~28, which may suggest a short-term rebound could be in play. However, the bearish divergence between the RSI and price movement—where RSI is not making new lows as prices do—suggests that buyers may be hesitant to step in at these levels.

The MACD is negative and crossing below the signal line, reinforcing the bearish bias. The histogram is shrinking in the most recent 15-minute candles, which may indicate that the selling pressure is moderating, but not yet reversing.

Bollinger Bands

The Bollinger Bands have significantly narrowed over the past four hours, signaling a potential breakout phase. The price has been range-bound within the bands since 09:00 ET, with a slight tendency to trade near the lower band. A breakout above or below the current band width may indicate the next directional move, but for now, the price remains within the lower half of the bands, indicating bearish bias.

Volume & Turnover

The highest volume spike occurred at 19:45 ET, with a turnover of $7.8 million, as the price fell from $0.0440 to $0.0430. The volume then decreased steadily through the night, despite continued price depreciation. This volume contraction suggests that the selling pressure may be waning, but it also signals a lack of conviction among short-term traders.

A divergence is forming between price and volume, where the price keeps making new lows without corresponding volume spikes. This could indicate either a potential bottoming process or a continuation of the bearish trend if a larger sell-side catalyst emerges.

Fibonacci Retracements

Applying the Fibonacci levels to the recent swing from $0.0443 to $0.0404, the 38.2% retracement is at $0.0423 and the 61.8% retracement is at $0.0405. The current price near $0.0404 is approaching the 61.8% level, and a bounce or breakdown from this level could determine whether the market tests $0.0400 or retests the 38.2% level for a potential short-covering rally.

Forward-Looking View

GMTUSDT could test the critical $0.0401–$0.0403 support zone in the next 24 hours, with a potential breakdown possible if macro risk or further liquidity outflows materialize. While technical indicators hint at a short-term bounce, the overall bearish trend remains intact. Investors should remain cautious as volatility is still compressed, and a sharp move in either direction is possible with minimal catalysts.