Market Overview for Gnosis/Tether (GNOUSDT) on 2025-10-01

• Gnosis/Tether (GNOUSDT) closed at $150.10 after a 1.74% rally from $147.60
• Key resistance tested at $147.68 and $149.41; support held at $145.01
• Volatility and turnover surged during late-night recovery
• RSI reached overbought territory near $150.60
• Bollinger Bands expanded as price moved above the midline

Gnosis/Tether (GNOUSDT) opened at $147.60 on 2025-09-30 12:00 ET, rose to a high of $151.18, dipped to a low of $144.30, and closed at $150.10 on 2025-10-01 12:00 ET. The 24-hour volume totaled 15,632.36 with a notional turnover of $2,351,419.45.

Structure & Formations

Price tested key resistance at $147.68 and $149.41, forming a bullish engulfing pattern as it broke above these levels. A strong bearish divergence emerged earlier in the session, but a late-night rebound with a long upper shadow at $145.86 reversed the short-term bias. A doji appeared at $144.71–$145.0, signaling indecision before the eventual recovery. Key support levels were at $145.01 and $144.42, both of which held during the dip.

Moving Averages

On the 15-minute chart, price closed above the 20SMA and surged past the 50SMA, indicating strengthening bullish momentum. Daily moving averages (50/100/200) suggest the pair is in a medium-term uptrend, with price comfortably above the 200DMA, a sign of sustained strength.

MACD & RSI

The MACD turned positive during the late-night recovery, with a sharp upward crossover, suggesting renewed buying pressure. The RSI climbed above 70 during the morning session, indicating overbought conditions, but divergence between price and RSI suggests caution.

The Stochastic oscillator showed a bearish signal earlier in the day, but a reversal in the RSI and MACD confirmed the bullish breakout from key resistance.

Bollinger Bands

Bollinger Bands expanded as volatility increased during the late-night rebound. Price closed near the upper band at $150.10, indicating strong momentum in the upper end of the channel. This suggests traders are pushing prices toward a potential breakout scenario, with the midline at $148.23 acting as dynamic support.

Volume & Turnover

Trading volume spiked sharply in the early morning with a large candle from $144.84 to $145.90, confirming the support level. A further volume increase occurred after 04:00 ET, supporting the move above $147.03. Notional turnover rose in tandem, especially during the final 3 hours, indicating a strong institutional or algorithmic push.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from $144.36 to $145.86, the 61.8% retracement level at $145.12 held well as support. On the daily chart, retracement levels at $147.68 (38.2%) and $149.41 (61.8%) acted as key resistance zones, both of which were successfully breached.

Backtest Hypothesis

A potential backtesting strategy for GNOUSDT could involve using a combination of 15-minute RSI and volume divergence to identify short-term reversal points. For instance, when RSI exceeds 70 and volume starts to decline, it may indicate a potential pullback. This was observed early in the session when RSI hit 72 while volume dropped, followed by a correction to $145.86. A similar signal could be used in a long-biased trade after a breakout confirmed by rising volume and a bullish MACD crossover, as seen during the late-night rally. By integrating these signals with moving average crossovers, a rules-based strategy may filter false breakouts and improve entry precision.