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

• GNOUSDT surged 3.5% over 24 hours, forming bullish momentum and a strong breakout above key resistance.
• A 15-minute bullish engulfing pattern confirmed the morning rally, followed by consolidation in the afternoon.
• RSI crossed into overbought territory, while volume expanded, supporting the strength of the move.
• Price remained above the 20-period moving average, indicating short-term bullish bias.
• Bollinger Bands showed a recent expansion, reflecting rising volatility in Gnosis trading.

Gnosis (GNOUSDT) opened at $144.65 on 2025-07-19 at 12:00 ET and closed at $147.79 on 2025-07-20 at the same time, hitting a high of $150.25 and a low of $144.23. Total volume for the 24-hour period was approximately 1,982.38 GNO, while notional turnover reached $290,413.80.

Structure & Formations

The price of GNOUSDT displayed a clear bullish bias over the past 24 hours, with a key breakout above the $146.50 resistance level. A strong 15-minute bullish engulfing pattern formed at the start of the rally, signaling a shift in sentiment. The price then consolidated in the afternoon before pushing higher again in the early hours of 2025-07-20, forming a new high. A potential support zone appears to be developing around the $145.20–145.60 range, which saw multiple retests and could serve as a floor for near-term pullbacks.

Moving Averages

On the 15-minute chart, the price remained above the 20-period and 50-period moving averages throughout the session, reinforcing the short-term bullish trend. The 50-period MA is rising, suggesting continued momentum is likely if the price holds above this level. On the daily chart, the 50-period and 200-period moving averages are not currently relevant due to the limited data provided, but the 100-period MA is likely acting as a dynamic support zone. The price appears to be forming a potential golden cross setup, which could confirm a longer-term trend reversal.

MACD & RSI

The MACD line crossed above the signal line in the early hours of 2025-07-20, confirming the bullish momentum. The histogram showed a gradual expansion, indicating increasing buying pressure. RSI reached overbought territory (above 70) in the late hours of the session, suggesting the price may consolidate or retest key support levels before continuing higher. However, the divergence between the RSI and price action during the afternoon pullback was minimal, indicating the bullish momentum remains intact.

Bollinger Bands

Bollinger Bands showed a clear expansion in the late hours of 2025-07-20, reflecting increased volatility and trader activity. The price traded near the upper band during the breakout, suggesting strong buying interest. This volatility expansion is often followed by a period of consolidation, so traders may expect a retest of the $146.50–147.00 range before the next directional move.

Volume & Turnover

Volume increased significantly during the breakout phase, especially in the 15-minute candle ending at 2025-07-20 03:45 ET, which saw a large 189.539 GNO trade. This volume spike confirmed the strength of the move and aligned with the price action. Notional turnover also spiked during this period, reinforcing the legitimacy of the breakout. No major price-volume divergences were observed, indicating the rally is supported by strong participation.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute swing from $144.23 to $150.25, the $147.00–147.50 range aligns with the 61.8% retracement level, which has historically acted as a key support/resistance area. On the daily chart, a larger Fibonacci structure from the previous bearish leg would place key levels around $140.00–145.00, which could be relevant in the coming days if the bullish trend continues.

Gnosis (GNOUSDT) appears well-positioned for a continuation of its bullish momentum in the near term, provided it holds above $146.50. A break above $150.25 could target $152.00–154.00, while a pullback to $145.00–145.50 could offer a favorable entry for longs. Traders should remain cautious of potential overbought conditions and monitor volume for signs of waning momentum.