Market Overview for GoPlus Security (GPSUSDT)

• GPSUSDT declined 1.1% over 24 hours, closing at 0.02079 after a bearish reversal pattern emerged in the late session.
• Key support at 0.02061–0.02071 and resistance at 0.0213–0.0215 were tested, with volume confirming bearish momentum.
• RSI entered oversold territory near 28, suggesting potential for a short-term rebound, though bullish confirmation remains weak.
• Volatility expanded during the afternoon, with Bollinger Bands widening and price closing near the lower band.

GoPlus Security (GPSUSDT) opened at 0.02145 on 2025-07-27 at 12:00 ET and closed at 0.02079 the following day. The pair reached a high of 0.02214 and a low of 0.02054. Total volume was 20,268,900.9, while notional turnover amounted to approximately $439,218.

Structure & Formations

Price action revealed a bearish reversal pattern during the final candle of the 24-hour period, as GPSUSDT closed near the lower Bollinger Band with a long lower wick and a small body. This formation suggests a potential continuation of the downward trend. Key support levels were observed at 0.02061–0.02071, while resistance remains at 0.0213–0.0215. A potential bullish continuation could require a break above 0.0215, but this appears unlikely in the near term.

Moving Averages

On the 15-minute chart, price closed below both the 20-period (0.0211) and 50-period (0.0214) moving averages, indicating bearish bias. On the daily chart, the 50-period MA sits at 0.0218, the 100-period at 0.0221, and the 200-period at 0.0223, all of which act as overhead resistance.

MACD & RSI

The MACD turned negative during the afternoon, confirming the bearish momentum. The RSI dropped into oversold territory near 28 by the close, suggesting a potential short-term bounce. However, without a clear bullish reversal, a continuation of the downtrend appears more likely.

Bollinger Bands

Volatility expanded significantly during the afternoon and evening session, with Bollinger Bands widening and price closing near the lower band. This suggests heightened uncertainty and a potential for a retest of key support levels.

Volume & Turnover

Volume spiked during the afternoon and early evening, with the most active 15-minute period seeing 4,461,172.0 units traded. Turnover confirmed the bearish bias, with price and volume moving in the same direction. However, the final candle showed a slight divergence in volume, which may hint at a potential short-term pause.

Fibonacci Retracements

On the 15-minute chart, GPSUSDT found support at the 61.8% Fibonacci level of the previous bullish swing (0.0216–0.02214). A breakdown below the 38.2% level (0.0210) could signal further downside toward 0.0206.

The next 24 hours may see GPSUSDT testing the 0.0206–0.0207 support zone. While RSI suggests potential for a rebound, a confirmed bullish reversal remains unlikely without a strong volume surge. Investors should remain cautious as volatility and bearish momentum persist.