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Summary
• Price declined to 0.00610, forming bearish breakdowns below key 0.00615 support.
• Volume surged during early ET sell-off, confirming bearish momentum.
• RSI shows oversold conditions, hinting at potential short-term bounce.
GoPlus Security/Tether (GPSUSDT) opened at 0.00638 on 2026-01-11 12:00 ET, reached a high of 0.00644, a low of 0.00600, and closed at 0.00627 as of 2026-01-12 12:00 ET. Total 24-hour volume was 62,956,901.2 and turnover was $395,776.98.
Structure & Formations
Price carved a broad bearish breakdown over the last 24 hours, with multiple sessions breaking below key support levels at 0.00625 and 0.00615. A large bearish engulfing pattern was seen during the 00:15–00:30 ET window, confirming the downward shift.
Moving Averages
On the 5-minute chart, the 20-period and 50-period moving averages have remained in a clear bearish crossover, reinforcing the downtrend. On a daily basis, the 200-period MA appears to act as a firm resistance layer, though the pair has yet to test it.
MACD & RSI

Bollinger Bands
Volatility expanded during the early hours of the session, with price spending extended time near the lower Bollinger Band. This suggests heightened bearish pressure and weak buying interest.
Volume & Turnover
Volume spiked significantly during the breakdown below 0.00615, with turnover rising to $18,000 in the 00:15–00:30 ET period. The price and volume action aligned during the sell-off, confirming bearish momentum.
Fibonacci Retracements
A 5-minute swing from 0.00642 to 0.00600 shows price finding initial support at the 23.6% and 38.2% retracement levels. The 61.8% level sits at 0.00625, which may see renewed attempts to retest.
Price appears to have entered a consolidation phase following the sharp decline. A potential rebound from the 0.00615–0.00621 range could test the 0.00627–0.00631 zone. However, traders should remain cautious of renewed bearish follow-through if key supports break further.
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