Market Overview for GoPlus Security/Tether (GPSUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Wednesday, Jan 7, 2026 3:58 am ET2min read
GPS
--
USDT
--
Aime RobotAime Summary

- GPSUSDT formed a bearish rejection near 0.00591, confirmed by strong volume during 19:00–20:00 ET.

- Price tested 0.00577 twice without breaking support, while RSI hit oversold levels, hinting at potential rebounds.

- Volatility expanded midday with 0.00593 highs and 0.00567 lows, as Bollinger Bands widened during key reversal hours.

- 20-period MA crossed above 50-period MA late, but MACD weakness suggests uncertain momentum ahead.

- 0.00577–0.00591 range remains critical; breaks could signal continuation or deeper correction.

Summary
•

GPSUSDT
traded in a tight range, with a notable bearish rejection forming near 0.00591.
• Volume surged during the 19:00–20:00 ET window, confirming a key price reversal.
• RSI entered oversold territory late, signaling potential near-term buying interest.
• Price approached 0.00577 twice but failed to break below, suggesting short-term support.
• Volatility expanded during midday ET, with a high of 0.00593 and a low of 0.00567.

Price and Volume Overview


GoPlus Security/Tether (GPSUSDT) opened at 0.00572 on 2026-01-06 at 12:00 ET, reached a high of 0.00593, a low of 0.00567, and closed at 0.00591 as of 2026-01-07 at 12:00 ET. Total volume over the 24-hour period was approximately 126,193,969.7, with a notional turnover of about 729,424.35.

Structure & Formations


The price formed a bearish rejection candlestick pattern near 0.00591, suggesting resistance at this level. A strong bullish reversal occurred during the 19:00–20:00 ET window, with a candle closing above its opening price and forming a long lower shadow, hinting at a short-term reversal. A bullish engulfing pattern formed after the price tested the 0.00577 level, indicating support.

Moving Averages and Momentum

On the 5-minute chart, the 20-period and 50-period moving averages crossed during the midday volatility, signaling a temporary shift in sentiment. The 20-period MA was above the 50-period MA in the late trading session, hinting at a potential short-term bullish bias. The MACD line crossed below the signal line in the afternoon, indicating waning bullish momentum. RSI reached an oversold condition below 30 toward the close, suggesting a possible short-term bounce.

Volatility and Bollinger Bands


Volatility expanded significantly during the midday window, with the price moving from 0.00581 to 0.00593 in a short span. Price frequently approached the upper and lower Bollinger Bands, indicating a period of high volatility. The bands were at their widest during the 19:00–20:00 ET window, following the sharp price move.

Volume and Turnover Divergences


Volume spiked during the 19:00–20:00 ET window, confirming the price reversal, but volume declined significantly in the following two hours, suggesting reduced conviction in the rally. Notional turnover mirrored this pattern, with the largest increase during the reversal. No major divergence was observed between price and volume during the 24-hour period, indicating solid confirmation of price movements.

Fibonacci Retracements


Applying Fibonacci to the recent swing from 0.00567 to 0.00593, the price found support at the 0.618 retracement level near 0.00577. A minor pullback to 0.00582 aligned with the 38.2% level, suggesting traders may see continued action in this range.

The price appears to be consolidating in a key support-resistance range, with the 0.00577–0.00591 range acting as a short-term trading zone. Over the next 24 hours, a break of 0.00591 could signal a bullish continuation, while a close below 0.00577 could indicate a deeper correction. Investors should remain cautious of low-volume follow-through and watch for confirmation signals before making directional bets.