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Summary
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GoPlus Security/Tether (GPSUSDT) opened at 0.00532 on 2026-01-02 12:00 ET, rose to a high of 0.00543, and fell to a low of 0.00525, closing at 0.00528 on 2026-01-03 12:00 ET. Total volume reached 29.45 million, with a notional turnover of 158,000.
Structure & Formations
Price formed a bearish breakdown below 0.00533, with a key support at 0.00528 now in focus. A bullish engulfing pattern at 0.00534 may trigger a short-term bounce, but a close above 0.00538 is needed for a reversal. A long lower shadow at 0.00528 and a doji at 0.00530 suggest internal indecision.
Technical Indicators
MACD turned negative and crossed below zero, reinforcing the bearish bias. RSI hit oversold territory near 30, signaling potential for a retracement. The 20-period moving average on the 5-minute chart is bearish, while the 50-period daily MA remains neutral.
Volatility & Bollinger Bands
Volatility expanded as price traded between 0.00525 and 0.00543, pushing the Bollinger Bands wider. Price closed near the middle band, suggesting a potential consolidation phase after the recent move.

Volume & Turnover
Volume spiked during the breakdown below 0.00533 and again near the low of 0.00525, confirming the bearish move. Turnover was highest between 04:00–05:00 ET as price pushed to the upper band.
Fibonacci Retracements
A key Fibonacci level at 0.00533 (61.8% of the 0.00528–0.00543 move) failed to hold, suggesting bears have control. A short-term bounce may find resistance at 0.00537 (38.2%).
Over the next 24 hours, a test of the 0.00533 level could trigger a bounce, but a failure to hold above 0.00529 may extend the decline toward 0.00525. Investors should remain cautious, as high volatility could lead to erratic price swings.
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