Market Overview: Gnosis/Tether (GNOUSDT) 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 12, 2025 5:12 pm ET1min read
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- GNOUSDT surged past 129.00 with a bullish engulfing pattern, reaching 130.71 amid 5.543% volatility.

- RSI hit 68 near 130.19 (overbought), while volume peaked at 27.308, confirming strength before a 124.57 close.

- Key support at 128.85 held multiple times, but price closed near upper Bollinger Band, signaling short-term pullback risk.

- 20-period MA provided dynamic support during post-16:00 ET pullback, with MACD divergence hinting at waning momentum.

- Fibonacci levels show 61.8% retracement at 128.80 as critical resistance, with 50% level (125.72) likely to be tested next.

Summary
• Price broke above 129.00 with a bullish engulfing pattern near 129.39.
• High volatility seen midday, expanding Bollinger Bands with a 5.543% swing.
• RSI reached 68, suggesting short-term overbought conditions near 130.19.
• Volume surged to 27.308 at peak, confirming 130.02 close on heavy turnover.
• 20-period MA acted as dynamic support during post-16:00 ET pullback.

Gnosis/Tether (GNOUSDT) opened at 127.86 (12:00 ET − 1), reached a high of 130.71, a low of 123.73, and closed at 124.57 as of 12:00 ET. Total volume amounted to 1,227.63, with a turnover of approximately $155,581, based on average pricing.

Structure & Formations


The price action displayed a clear bullish engulfing pattern near 129.39, followed by a strong reversal to 130.71. A bearish 5-minute candle with a long upper wick emerged at 130.19, signaling potential overhead pressure. A key support level appears to have formed around 128.85, where price found repeated buying interest.

Moving Averages and Momentum


The 20-period and 50-period moving averages provided support during the afternoon pullback, with the 20-period line acting as a near-term floor. RSI crossed into overbought territory at 68 around 130.19, suggesting a possible near-term correction.
The MACD histogram showed a peak divergence at 130.71, hinting at potential waning momentum.

Volatility and Bollinger Bands


Bollinger Bands expanded significantly after 18:45 ET, reflecting heightened volatility as price surged past the upper band. A notable contraction occurred in the early morning hours, which may have signaled an accumulation phase before the breakout. Price closed near the upper band at 124.57, indicating elevated risk of a short-term pullback.

Volume and Turnover


The highest volume of the session was recorded at 27.308 with a close at 130.02, confirming strength in that price range. A divergence between price and volume was noted as price fell from 130.71 to 124.57, with volume declining sharply. Notional turnover spiked during the 130.19–130.71 range, supporting the validity of that move.

Fibonacci Retracements


Key Fibonacci retracement levels were formed from the 123.73 low to the 130.71 high. The 61.8% level at approximately 128.80 held firm multiple times, while the 38.2% level at 126.96 showed minimal resistance. The final close near 124.57 suggests a possible test of the 50% retracement level in the coming 24 hours.

The market appears to be consolidating after a sharp 6.18% move higher, with key resistance at 128.85 and support at 124.57. A sustained close above 128.85 could indicate renewed bullish momentum, but investors should watch for signs of waning volume and overbought conditions. A pullback to test the 124.57 level may occur, particularly if short-term overbought RSI levels trigger profit-taking.