Market Overview for ChainGPT/Tether (CGPTUSDT) – 2025-09-26

• ChainGPT/Tether (CGPTUSDT) closed lower at $0.078, after opening at $0.0802 and peaking at $0.0802.
• Price action shows a bearish bias with key support around $0.0765 and resistance at $0.078–$0.0785.
• High volatility observed during late night hours, with volume spiking above $1.0M at key breakouts.
• RSI remains in oversold territory, while MACD shows bearish momentum with bearish crossover.

ChainGPT/Tether (CGPTUSDT) opened at $0.0802 on 2025-09-25 12:00 ET, reached a high of $0.0802, and closed at $0.078 on 2025-09-26 12:00 ET. The price touched a low of $0.0747 amid strong bearish momentum. Total volume for the 24-hour period was 26,284,585.5 units, with notional turnover reaching approximately $2,035,000.

Structure & Formations

The 15-minute chart shows a bearish breakdown from a key resistance zone between $0.078 and $0.0785, with a decisive move below the $0.077–$0.0765 support cluster. A notable bearish engulfing pattern formed around $0.0785, confirming a shift in sentiment. A doji at $0.0776 hints at short-term indecision, but the trend remains bearish. Fibonacci retracements indicate that the $0.0765 level is a critical support for the next 24 hours.

Moving Averages

On the 15-minute chart, the 20SMA and 50SMA are both bearishly aligned, with price currently below both. On the daily chart, the 50DMA and 100DMA are in a bearish crossover, with price still below the 200DMA. This indicates a medium-term bearish bias and a lack of strong bullish conviction.

MACD & RSI

The 15-minute MACD line crossed below the signal line, forming a bearish crossover and confirming the downward trend. The MACD histogram continues to contract, suggesting momentum is slowing. RSI is currently in oversold territory at 28, which may offer a temporary floor, but without a bounce above the 30 level, further bearish movement is likely.

Bollinger Bands

Bollinger Bands are currently in a moderate contraction, indicating a potential breakout is on the horizon. Price is currently near the lower band at $0.076–$0.077, which could provide temporary support. A retest above the 20SMA and the mid-band at $0.078–$0.079 would be a key reversal signal.

Volume & Turnover

Trading volume spiked significantly during the breakdown from $0.078–$0.0785, confirming the move lower. Notional turnover spiked above $250,000 in several 15-minute intervals, suggesting strong institutional or algorithmic participation. However, recent volume has declined slightly, indicating short-term exhaustion.

Fibonacci Retracements

Applying Fibonacci retracements to the 15-minute move from $0.0802 to $0.0747, key levels to watch are the 38.2% at $0.0776 and 61.8% at $0.0765. These levels have already seen action and may serve as pivots for the next 24–48 hours. A break below $0.0765 would target the 78.6% retracement at $0.0753.

Backtest Hypothesis

The described backtesting strategy suggests a mean-reversion approach using RSI and Bollinger Bands to identify short-term entry points during a bearish trend. This aligns well with today’s chart, where RSI entered oversold territory and price was near the lower Bollinger Band. A buy signal would be triggered if RSI closes above 30 and price closes above the mid-Band. Sell signals may be generated on a break below key moving averages or on a bearish divergence in RSI.