Market Overview for GPSUSDT: Volatile Pullback Amid Key Support Test

Summary
• GPSUSDT closed slightly lower at 0.0054 after a volatile 24-hour session.
• A bearish divergence in RSI and volume suggests potential short-term reversal.
• Price tested and bounced off a key support level near 0.00536, indicating resilience.
• Bollinger Bands show moderate volatility with price hovering near the lower band.
• A large bearish candle in late trading indicates profit-taking or bear pressure.

GoPlus Security/Tether (GPSUSDT) opened at 0.0054 on December 14, 2025 at 12:00 ET, hit a high of 0.00553 and a low of 0.00530, and closed at 0.0054 at 12:00 ET on December 15. Total volume over 24 hours was 9,351,618.7, while notional turnover amounted to approximately $50,067.

Structure & Formations

The price action displayed a distinct bearish trend during the first half of the session, with a pullback in the final hours. A key support level around 0.00536 was tested and held, forming a potential base for a near-term recovery. A bearish engulfing pattern was observed at 23:45 ET, while the final candle at 06:30 ET showed indecision with a narrow range.

Moving Averages

On the 5-minute chart, price lingered below the 20-period and 50-period moving averages, suggesting continued bearish bias in the short term. The 50-period line provided a weak resistance near 0.00543. On the daily chart, the 50-period MA was not available due to limited input data, but the overall bearish trend suggests caution in near-term momentum.

MACD & RSI

The RSI dipped below 30 near 00:00 ET, signaling oversold conditions, but failed to produce a strong rebound, hinting at a bearish divergence. MACD turned negative mid-session and remained below the signal line, suggesting continued downward momentum may persist until a clear reversal pattern emerges.

Bollinger Bands

Volatility expanded significantly in the late hours of the session as the lower band widened. Price hovered near the lower band for most of the 24-hour window, indicating a period of consolidation and bearish pressure. A contraction near the 06:00 ET mark could signal a potential breakout or breakdown in the coming hours.

Volume & Turnover

Volume spiked dramatically at 23:45 ET, with 9.35 million contracts traded—by far the largest single 5-minute candle. This was accompanied by a drop in price to 0.00537, indicating significant bear pressure. Turnover was tightly correlated with volume, with no notable divergence observed. Lower volume in the final hours suggests a cooling off in aggressive directional trading.

Fibonacci Retracements

A key 5-minute swing from 0.00553 to 0.00530 saw price retreating to the 61.8% level (~0.00538), where it found support. This level may act as a psychological floor for near-term buyers. On the daily chart, no full swing was observed within the input dataset, but intraday retracements suggest a potential retest of the 0.0054–0.00535 range.

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Looking ahead, traders may watch for a breakout above 0.00545 as a potential bullish signal, but a retest of the 0.00536 support could trigger renewed selling pressure. Investors should remain cautious of high volatility and sudden swings, particularly with large-volume events still possible in the next 24 hours.