Market Overview: ChainGPT/Tether (CGPTUSDT) 24-Hour Performance

Summary
• Price rallied from $0.0356 to $0.03647 before retracing to close near $0.03585.
• Volatility expanded significantly during the 19:30–20:30 ET session, with volume surging past 2.5M.
• Key support at $0.03575 and resistance at $0.03615 tested multiple times.
• RSI signaled overbought conditions early in the session, followed by a bearish divergence.
• Bollinger Bands widened, indicating increased uncertainty and potential range-bound trading ahead.

ChainGPT/Tether (CGPTUSDT) opened at $0.0357 and reached a high of $0.03647 before closing at $0.03585 on 2026-01-14 at 12:00 ET. The pair recorded a 24-hour volume of approximately 9.5M and a turnover of $334,760.

Structure & Moving Averages

The 5-minute chart shows a strong bullish impulse from $0.0357 to $0.03647, with the 20- and 50-period moving averages trending higher during the rally. A bearish reversal followed, dragging the price below both indicators. On the daily chart, the 50-period SMA is around $0.0358, acting as a key reference for potential consolidation.

Momentum and Overbought/Oversold Conditions

RSI surged into overbought territory during the midday rally but failed to sustain above 60, indicating possible exhaustion. A bearish divergence developed as prices pulled back while RSI remained elevated, suggesting bearish momentum could continue in the short term.

Volatility and Volume Analysis

Bollinger Bands expanded during the 19:30–22:00 ET rally, highlighting a sharp increase in volatility. A high-volume candle at $0.03641 (19:30 ET) marked a key reversal point. Turnover and volume were generally aligned, but a late-session divergence in the 04:15–06:00 ET period hinted at cautious accumulation near $0.0362–$0.0363.

Pattern and Fibonacci Insights

A large bullish engulfing pattern formed at $0.03598–$0.0362, followed by a bearish hanging man at $0.0367. Fibonacci levels suggest $0.03575 (38.2%) and $0.03615 (61.8%) as key support and resistance for the next 24 hours. A break below $0.03575 could trigger further downside.

ChainGPT/Tether appears to be consolidating within a widening range, with momentum shifting between bullish and bearish phases. Traders may watch for a decisive break of the 0.03575–0.03615 range, though heightened volatility and mixed volume signals suggest caution for aggressive directional bets in the near term.