Market Overview for The Graph/Tether (GRTUSDT) on 2025-12-17

Summary
• Price broke below 0.0387 support, confirming a bearish bias on the 5-min chart.
• RSI entered oversold territory near 30, suggesting potential for a near-term rebound.
• A large-volume candle at 16:30 ET widened the range, indicating heightened bear pressure.
• Bollinger Bands show price remains within a tight range, signaling low volatility.
• Volume spiked during the 15:00–16:30 ET window, yet price declined, indicating strength in the downward move.

The Graph/Tether (GRTUSDT) opened at 0.03873 on 2025-12-16 at 12:00 ET, reached a high of 0.04006, a low of 0.03740, and closed at 0.03783 on 2025-12-17 at 12:00 ET. Total volume for the 24-hour window was 10,056,071.0, with a turnover of approximately $386,261.

Structure & Formations

Price action on the 5-minute chart showed a strong bearish reversal following a midday rally on 2025-12-16, with a key breakdown below 0.0387 marking a shift in sentiment. A large bearish candle at 16:30 ET formed a rejection pattern at 0.039, with a low of 0.0374 signaling a 9.3% drop in that interval.

Moving Averages

The 20-period and 50-period moving averages on the 5-minute chart both trended downward throughout the session, reinforcing the bearish bias. Daily 50/100/200 MA lines are also in a bearish alignment, with price currently below all.

MACD & RSI

The MACD remained in negative territory for most of the session, with bearish crossovers reinforcing downward momentum. RSI dropped into oversold levels near 30 late in the session, hinting at potential for a short-term bounce.

Bollinger Bands

Bollinger Bands remained narrow for much of the session, indicating low volatility and consolidation. However, a sharp drop from 0.039 to 0.0374 pushed price closer to the lower band, suggesting a possible bounce or a continuation of bearish pressure.

Volume & Turnover

Volume spiked during the 15:00–16:30 ET window, coinciding with the strongest leg down in price, confirming bearish conviction. Turnover expanded during this period despite the decline, which suggests strong selling interest rather than a lack of buyers.

Fibonacci Retracements

On the 5-minute chart, price has retraced to approximately 61.8% of the 0.0374–0.0395 swing low-to-high, suggesting a potential support level ahead. On the daily timeframe, price is testing the 61.8% retracement of the recent upleg from 0.0374 to 0.04006.

The market appears to be consolidating within a tight range after the sharp bearish move.

While RSI is in oversold territory, caution is warranted as volume remains heavy and momentum has not yet reversed. A break below 0.0374 could signal a continuation of bearish momentum, but a rebound near this level may provide a short-term trading opportunity. Investors should remain alert to potential volatility shifts and divergence between volume and price.