Market Overview: Gnosis (GNOUSDT) – 24-Hour Technical Summary

• Gnosis (GNOUSDT) surged to a 24-hour high of $153.79 after a sharp late-day rally.
• Price tested and cleared key resistance levels at $146.5–$150.0, signaling bullish momentum.
• MACD and RSI confirmed strength, with RSI near overbought but not yet diverging.
• Volatility expanded significantly as price moved out of a consolidation range.
• Bollinger Bands widened, reflecting increased market activity and uncertainty.

Gnosis (GNOUSDT) opened at $144.23 (12:00 ET – 1), reached a high of $153.79, and closed at $153.49 (12:00 ET) after a strong upward move. Total volume for the 24-hour period was approximately 2,077.69 units, with a notional turnover of $305,750. The asset demonstrated clear bullish intent over the last 24 hours.

Structure & Formations

The price of GNOUSDT broke out of a consolidation range between $144.23 and $149.86, forming a bullish breakout pattern. A key support level was identified at $144.23, which held during early morning trading before the price surged. A strong bullish engulfing pattern formed around 02:45–03:00 ET as the asset moved from $148.24 to $149.86. Later, a higher high at $153.79 marked a fresh swing high, indicating continued buying pressure.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were both crossed above by the price during the morning rally, confirming a short-term bullish bias. On the daily chart, the 50/100/200-period moving averages appear to be in a constructive alignment, with the price well above the 200-day average, suggesting a continuation of the uptrend is likely.

MACD & RSI

The MACD line showed a strong positive divergence, crossing above the signal line with increasing histogram bars, indicating growing bullish momentum. RSI rose into the overbought territory (above 70) by late afternoon, but no divergence was observed between RSI and price, suggesting the rally could continue.

Bollinger Bands

Volatility expanded significantly as the price broke out of a tight Bollinger band consolidation. The bands widened in response to increased buying activity, and the price closed near the upper band, indicating strong bullish conviction. This suggests the market is not yet exhausted.

Volume & Turnover

Volume spiked during the breakout, particularly between 03:45–04:00 ET and again in the late afternoon, aligning with price highs. Notional turnover also increased during these periods, confirming the strength of the move. No bearish divergences were observed in the volume profile.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent swing from $144.23 to $153.79, the price is currently near the 61.8% level at $150.94, suggesting a potential pause or pullback before a new leg higher. On the daily chart, the 50% retracement level from the previous bearish leg appears to be acting as support.

Gnosis is showing signs of a sustained bullish phase, supported by strong momentum and volume. While the RSI is near overbought, the lack of divergence suggests the trend could continue. Investors should monitor the 61.8% Fibonacci level at $150.94 and watch for potential pullbacks or consolidation before the next move. As always, volatility remains a risk, and a reversal could occur if key support levels are tested.