Market Overview for GMT/Tether (GMTUSDT)

Summary
• GMTUSDT tested key support at $0.01775–0.01780, finding temporary bids during early Asian hours.
• Momentum dipped below neutral after a late ET bearish impulse, with RSI hovering near 50.
• Volatility remained low amid choppy 5-minute trading, with Bollinger Bands narrowing slightly.
• Volume spiked in the 01:15–02:15 ET window, but price failed to follow through above 0.01795.
• A bullish engulfing pattern emerged near 0.0182, but it was quickly invalidated by follow-through selling.

GMT/Tether (GMTUSDT) opened at $0.01811 on 2026-01-15 at 12:00 ET, peaked at $0.01864, and closed at $0.01827 at 12:00 ET on 2026-01-16. The pair traded between $0.01771 and $0.01864 over the 24-hour period, with total volume of 35,090,919.3 and turnover of $612,330.99.

Structure & Formations

GMTUSDT experienced choppy price action across the 5-minute timeframe, with key resistance forming around $0.01825–0.01830 and support at $0.01775–0.01780. A failed bullish engulfing pattern around $0.0182 suggested bearish bias, while a doji at $0.01819 indicated indecision.

Moving Averages

The 20- and 50-period moving averages on the 5-minute chart closely aligned, suggesting a narrow consolidation phase. On the daily chart, the 50-period MA remained above the 200-period MA, maintaining a neutral to slightly bullish bias.

Momentum and Volatility

Relative Strength Index (RSI) on the 5-minute chart hovered around 50, signaling neutral momentum. The MACD line remained below the signal line, suggesting bearish pressure. Volatility remained subdued, with Bollinger Bands narrowing through the session as the market remained range-bound.

Volume and Turnover

Volume surged between 01:15 and 02:15 ET, with notional turnover reaching $8,403.85, yet prices failed to break decisively above $0.01795. Later, between 08:15 and 08:45 ET, a larger block of volume supported a rally toward $0.0185–0.0186.

Fibonacci Retracements

Key Fibonacci levels from the recent high of $0.01864 to the low of $0.01771 included 61.8% at $0.01818, which was briefly tested before rejection. The 50% level at $0.01817 provided transient support.

GMTUSDT may test $0.01825–0.01830 next, with a break above confirming bullish intent. A breakdown below $0.01780 could signal further short-term risk. Traders should monitor volume divergence for confirmation.