Market Overview for The Graph/Tether (GRTUSDT)

Summary
• Price action formed bearish momentum with a 2.4% decline over 24 hours on rising volume.
• A key support at 0.0405 held amid a consolidation pattern late in the session.
• Volume spiked at 0.0403 as price declined, confirming bearish bias.
• Bollinger Bands showed slight contraction, indicating potential for renewed volatility.
• RSI hovered near oversold territory, suggesting a possible bounce or continuation of the trend.

The Graph/Tether (GRTUSDT) opened at 0.04097 on 2026-01-15 at 12:00 ET, reached a high of 0.04126, a low of 0.0395, and closed at 0.03999 on 2026-01-16 at 12:00 ET. Total 24-hour volume was 11,097,193.0, and notional turnover was $442,971.65.

Structure and Key Levels

Price action formed a bearish consolidation pattern with a breakdown below key support at 0.0405. The 0.0403 level showed strong bearish confirmation as price declined toward 0.0395, with a possible 61.8% Fibonacci retracement level acting as a temporary floor. A 50-period EMA on the 5-minute chart crossed below the 20-period EMA, confirming short-term bearish momentum.

Momentum and Volatility

RSI fell into oversold territory near 28, suggesting potential for a short-term bounce or a continuation of the bearish trend. MACD remained in negative territory with a narrowing histogram, indicating waning momentum.

. Bollinger Bands showed a slight contraction in the final hours of the session, suggesting a potential breakout or reversal in the next 24 hours.

Volume and Turnover

Volume spiked significantly at 0.0403 and 0.0395, confirming bearish pressure during the decline. Notional turnover followed volume closely with no clear divergence. The largest 5-minute volume spike occurred at 2026-01-16 15:30 ET, with 1,223,218.0 traded as price broke below the 0.0405 level.

Forward-Looking Perspective and Risk

Price may test the 0.0395–0.0393 range over the next 24 hours as a potential short-term floor. A rebound above 0.0405 could signal a bear trap, while a break below 0.0393 may extend the decline toward 0.0389. Investors should closely monitor volume and RSI for signs of reversal or exhaustion.