Market Overview for Gnosis/Tether (GNOUSDT) on 2025-12-17

Wednesday, Dec 17, 2025 3:51 pm ET1min read
Speaker 1
Speaker 2
AI Podcast:Your News, Now Playing
Aime RobotAime Summary

- GNOUSDT fell from $118.92 to $113.28, forming a bearish engulfing pattern near 24-hour highs.

- RSI dropped below 30 with surging 5-hour volume, while Bollinger Bands widened amid sharp volatility.

- Price consolidated near $114.09 after breaking key Fibonacci levels, with 200-EMA at $115.21 acting as long-term support.

- MACD turned negative and moving averages confirmed bearish bias, suggesting downward pressure remains dominant.

- Critical support at $113.28 holds for now, but a break could accelerate selling unless bulls push above $114.85.

Summary
• Price declined from $118.92 to $113.28, forming a bearish engulfing pattern near the 24-hour high.
• RSI dropped below 30, signaling oversold conditions, while volume surged during the final 5-hour window.
• Bollinger Bands widened significantly, reflecting increased volatility amid a sharp price drop.
• Key support held at $113.28, with Fibonacci retracement levels suggesting potential near-term bounce points.

Gnosis/Tether (GNOUSDT) opened at $116.00 on 2025-12-16 12:00 ET, reached a high of $118.92, and closed at $114.09 by 2025-12-17 12:00 ET. The 24-hour low was $113.28. Total volume amounted to 793.32, with a notional turnover of $90,543.

Structure & Formations


Price declined sharply from a 5-minute high of $118.92 to a low of $113.28, forming a bearish engulfing pattern and a strong bearish reversal doji near the $114.09 level. A 38.2% Fibonacci retracement at $116.30 and a 61.8% level at $114.85 were both broken during the final hours, with price consolidating near $114.09 ahead of the close.

Moving Averages


On the 5-minute chart, price closed below both the 20-EMA and 50-EMA, confirming a bearish bias. Daily moving averages show price below all major lines, with the 200-EMA acting as a key long-term support at $115.21.

Momentum and Volatility


The MACD turned negative, with a bearish crossover suggesting continued downward pressure. RSI dipped below 30 in the final hour, indicating oversold conditions. Bollinger Bands expanded sharply during the price drop, reflecting elevated volatility as price fell within the lower band.

Volume and Turnover


Volume increased significantly during the sharp decline, especially in the final 5-hour window, with turnover peaking near the 5-minute low. The price-volume divergence in the last 30 minutes of the 24-hour period suggests a potential short-term bounce, but caution is warranted.

Forward Outlook


Price appears to have found support near $113.28, but the path of least resistance remains downward unless bulls push above $114.85. A break below $113.28 could accelerate further selling. Investors should monitor volume and RSI for early signs of a reversal.