Market Overview for Gains Network/Tether (GNSUSDT) - September 25, 2025

• GNSUSDT drifted lower over 24 hours, closing near session low of 1.771 after forming bearish continuation patterns.
• Momentum indicators turned bearish, with RSI signaling oversold levels and MACD diverging from price.
• Volatility expanded as price broke below key support and moved closer to 1.75–1.77 range.
• Notable volume spikes occurred during downward swings, suggesting increased bear pressure after initial bullish rejection.

GNSUSDT opened at 1.869 at 12:00 ET–1 and moved lower throughout the 24-hour window, reaching a high of 1.902 and a low of 1.743 before closing at 1.771 at 12:00 ET. The total trading volume for the session was 88,523.48 units, while the notional turnover amounted to approximately $163,842. Price action displayed a clear bearish trend, with repeated tests of key support levels failing to find buying interest.

Structure & Formations

Price action formed a bearish continuation pattern throughout the session, particularly during the early morning hours when a strong rejection from 1.85–1.86 support was followed by a breakdown to 1.743. Several bearish engulfing and shooting star patterns emerged as price accelerated lower. The 1.77–1.78 zone appears to act as immediate short-term support, while a breakdown of that level could signal a move toward the 1.75–1.76 range.

Moving Averages

On the 15-minute chart, price remained below the 20-period and 50-period moving averages for most of the session, confirming a short-term bearish bias. On the daily chart, the 50- and 100-period moving averages have begun to flatten, but the 200-period MA continues to act as a key bearish reference. The cross below the 50-period MA on the daily chart suggests the trend may remain downward over the next 24 hours.

MACD & RSI

The MACD line continued to trend lower with bearish divergence evident as price made new lows without corresponding strength in the oscillator. The RSI reached oversold territory below 30 during the session, but failed to form a bullish reversal. This suggests bears may remain in control unless a sharp reversal is triggered by increased buying pressure.

Bollinger Bands

Price moved toward the lower Bollinger Band throughout the session, with volatility expanding as the bands widened following the breakdown below key support. Price closed near the lower band, indicating a continuation of bearish momentum. A retest of the 1.77–1.78 zone may trigger another bounce, but a close below the band could confirm a deeper bearish move.

Volume & Turnover

Volume increased during downward swings, particularly during the breakdown from 1.80–1.82 support. This confirms bearish conviction and increased selling pressure. Notional turnover also spiked during these moves, aligning with price action and reinforcing the bearish narrative. Divergences between price and volume were not observed, suggesting continuation of the current trend is likely.

Fibonacci Retracements

Fibonacci levels applied to the recent 1.743–1.902 swing indicate key support at 1.773 (23.6%) and 1.760 (38.2%). The 1.75–1.76 zone corresponds closely with the 61.8% retracement level and could offer a potential pivot for near-term buyers. A failure to hold above 1.760 could trigger a test of deeper support levels.

Backtest Hypothesis

Applying a basic mean-reversion strategy based on the RSI and Fibonacci levels observed could offer insights into potential trade setups. A buy signal would be triggered if RSI crosses back above 30 while price remains above the 1.773 Fibonacci level, indicating potential oversold bounce. A sell signal would be generated if price breaks below 1.760 with a confirming close, as this would align with a bearish breakdown. Initial stop-loss placement should be placed below 1.743 or above 1.785, depending on direction. A 2:1 risk-reward ratio would be ideal for both long and short positions.