Market Overview for GPSUSDT (GoPlus Security/Tether)

Summary
• Price consolidated around 0.00505–0.00509 on 5-minute chart, with key resistance at 0.00508–0.00513.
• RSI hovered in neutral territory, suggesting balanced momentum with no clear overbought/oversold signals.
• Volume spiked during late-night rebound, confirming strength in 0.00506–0.00513 range.
• Bollinger Bands showed moderate contraction during midday lull, expanding after 00:00 ET.

GoPlus Security/Tether (GPSUSDT) opened at 0.00507 on 2025-12-15 12:00 ET and closed at 0.00505 on 2025-12-16 12:00 ET, reaching a high of 0.00513 and a low of 0.00498. Total volume for the 24-hour period was approximately 30,652,845.3, with a notional turnover of roughly 153,408.5 USD based on average trade sizes.

Structure & Formations

Price action showed a consolidation pattern between 0.00505 and 0.00508 during the early hours of 2025-12-16, followed by a rebound from a 0.00502 support level. A bullish engulfing pattern formed at the start of the new day, suggesting potential for a short-term reversal. A key resistance cluster at 0.00508–0.00513 was tested twice, with mixed outcomes.

MACD & RSI

The RSI remained within the 50–60 range for much of the 24-hour period, indicating balanced bullish and bearish momentum. The MACD showed a weak positive crossover at 00:00 ET but quickly flattened, signaling uncertainty in directional strength.

Bollinger Bands

Volatility remained relatively stable, with price staying within the Bollinger Band range for most of the session. A slight expansion occurred after 00:00 ET, coinciding with the price rebound toward 0.00513.

Volume & Turnover

Volume spiked at 00:00 ET and again at 00:15 ET, coinciding with the price rebound from 0.00505 to 0.00512. Turnover aligned with price strength during these hours, confirming the bounce. Later in the morning, volume declined as price action drifted back toward 0.00505.

Fibonacci Retracements

A 5-minute retracement from the 0.00502 low to the 0.00513 high saw price test the 61.8% level (0.00508) twice, with the second test resulting in a pullback. Daily retracement levels are yet to be fully defined due to the recent trend shift.

Looking ahead, traders may watch for a breakout above 0.00513 or a retest of 0.00502. If volume fails to confirm a directional move, further consolidation is likely. Investors should be cautious of thin liquidity during low-volume hours.