Market Overview for GoPlus Security (GPSUSDT): Volatility and Divergence Amid Sharp Move

• GPSUSDT surged 12.5% in a 24-hour window driven by a sharp rally from $0.0118 to $0.01356 on heavy volume.
• Strong bearish divergence emerged after hitting a peak of $0.01356 as price corrected below the 50-period moving average.
• A bullish engulfing pattern formed early in the session, followed by a bearish divergence in RSI and volume.
• Volatility expanded significantly, with price breaking both Bollinger Band extremes during the bull and bear moves.
• Key Fibonacci levels at $0.01233 (61.8%) and $0.01285 (38.2%) appear to be pivotal in the near term.

GoPlus Security (GPSUSDT) opened at $0.01245 on 2025-08-24 12:00 ET, surged to a high of $0.01356, and closed at $0.01285 on 2025-08-25 12:00 ET. The pair recorded a total volume of 198,358,688.8 USDT and a notional turnover of approximately $2,684.2 during the 24-hour period.

Structure & Formations

A strong bullish engulfing pattern emerged around 2025-08-25 10:15 ET, as GPSUSDT broke above a prior bearish trend. However, this momentum failed to hold, and price began retracing below key Fibonacci levels and the 50-period moving average by the end of the session. A bearish divergence formed on RSI during the pullback, suggesting exhaustion among buyers. The 61.8% Fibonacci retracement level at $0.01233 appears to have held firm, offering potential near-term support.

Moving Averages

On the 15-minute chart, GPSUSDT closed below both the 20- and 50-period moving averages, indicating bearish pressure. The daily chart shows price approaching the 200-period moving average from above, hinting at a potential reversal or consolidation phase.

MACD & RSI

The MACD crossed below the zero line during the late afternoon, confirming the bearish shift in sentiment. RSI, which spiked into overbought territory (above 70) during the rally, has since dipped below 50, suggesting a possible consolidation phase. A bearish divergence in RSI during the downtrend raises concerns about further downward correction.

Bollinger Bands

Volatility expanded as GPSUSDT briefly touched the upper Bollinger Band at $0.01356 during the bull run and later the lower band at $0.01181. The price currently resides near the 20-period moving average and within the Bollinger Band range, suggesting a potential consolidation phase.

Volume & Turnover

Volume spiked during the rally phase, peaking at 29,388,253.29999998 USDT during the 11:45 ET candle, confirming the bullish breakout. However, the subsequent sell-off saw a sharp increase in volume as well, indicating strong bearish participation. Notional turnover peaked at the same time, aligning with price action. A divergence in volume and price during the retracement from $0.01356 to $0.01285 suggests weakening momentum.

Fibonacci Retracements

Applying Fibonacci levels to the recent swing high of $0.01356 and low of $0.01181, key levels include $0.01233 (61.8%) and $0.01285 (38.2%). The 38.2% level appears to have held firm, providing temporary support, while the 61.8% level may serve as a floor in the near term if the bearish trend continues.

Looking ahead, GPSUSDT may test the $0.01233–$0.01222 range for further support, with a potential bounce or breakdown expected in the next 24 hours. However, a failure to hold above the 61.8% Fibonacci level could trigger a deeper pullback toward key psychological levels below $0.01200. Investors should remain cautious as volatility remains elevated and divergences persist.