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Summary
• Price surged from $138.9 to $140.45 on 24-hour 5-min chart, with key resistance near $140.22 and support at $138.51.
• RSI showed overbought conditions after $140.27 high, suggesting potential pullback.
• Volatility expanded significantly during late-night rally, with volume spiking over 100x at $140.00.
• Bollinger Bands widened during breakout phase, confirming increased buying pressure.
• Volume and turnover aligned during price highs, but diverged slightly near $138.00, hinting at weak support.
Gnosis/Tether (GNOUSDT) opened at $138.9 and reached a high of $140.45, with a low of $137.72 and closed at $139.65 at 12:00 ET. Total 24-hour volume was 1,278.98 with a notional turnover of $177,795.
Structure & Key Levels
Price advanced in a bullish pattern, breaking above $140.00 to hit $140.45. A key resistance appears near $140.22, while $138.51 and $137.88 function as strong support levels. A bearish engulfing pattern formed at $138.00, signaling a potential short-term correction.
Momentum and Indicators
MACD turned positive during the breakout, with a bullish crossover suggesting continued upside momentum. RSI reached overbought territory above 70 during the late-night rally, hinting at possible profit-taking.

Volatility and Bollinger Bands
Volatility surged during the $138.00–$140.45 move, with Bollinger Bands widening significantly. Price tested the upper band multiple times, confirming strong buying pressure. A potential retest of the lower band at $137.88 may signal a consolidation phase.
Volume and Turnover Analysis
Volume spiked sharply during the $140.00–$140.45 push, particularly after 2:00 AM ET with a 55.636-volume candle. Turnover confirmed the move, with strong participation at key highs. Divergence appeared near $138.00, where volume fell despite price consolidation.
Forward-Looking Outlook
The pair appears to consolidate near $139.50 after a sharp rally. A test of $140.22 could confirm further strength, but overbought RSI and divergences suggest caution ahead. Investors should watch for a break below $138.51 as a sign of potential reversal in the next 24 hours.
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