Market Overview for The Graph/Tether (GRTUSDT)

Summary
• Price action broke below key support at 0.04235, with a bearish engulfing pattern confirming the decline.
• RSI hit oversold territory near 30, suggesting potential short-term rebound, though momentum remains bearish.
• Volatility expanded as Bollinger Bands widened, reflecting heightened selling pressure and uncertainty.
• Turnover surged during the sharp drop from 0.0435 to 0.04134, confirming bearish sentiment with strong volume.
• Fibonacci levels suggest 0.04134 as near-term support, with 0.04294 as immediate resistance on a reversal.

The Graph/Tether (GRTUSDT) opened at 0.04351 on 2026-01-14 12:00 ET and closed at 0.04176 by 2026-01-15 12:00 ET, hitting a high of 0.04357 and a low of 0.04068. Total trading volume over the 24-hour window was 12.7 million units, with a notional turnover of approximately $539,231.

Structure & Formations

Price formed a bearish engulfing pattern during the 19:00–19:30 ET window, confirming the breakdown from prior resistance at 0.04235. A key support level appears to have formed near 0.04134, which has held multiple times.

Moving Averages

On the 5-minute chart, the 20-EMA is below the 50-EMA, indicating short-term bearish bias. Daily MAs suggest a longer-term consolidation phase with no strong trend emerging yet.

MACD & RSI

RSI reached 29–30 in the final hours of the period, pointing to oversold conditions and potential for a short-term bounce. The MACD line crossed below the signal line with bearish divergence, reinforcing downward momentum.

Bollinger Bands

Volatility expanded sharply following the breakdown from 0.04235, with the bands widening to over 0.002 in range. Price closed near the lower band, suggesting a potential bounce or continuation lower depending on follow-through.

Volume & Turnover

Turnover spiked during the breakdown phase, particularly in the 22:45–00:00 ET timeframe, confirming bearish sentiment. Volume was concentrated in the lower half of the 24-hour range, aligning with price weakness.

Fibonacci Retracements

Fibonacci levels suggest 0.04134 as a near-term support (61.8% retracement of the recent decline), with 0.04294 as immediate resistance.

Price may find near-term direction depending on how the 0.04134 level holds. A break below this would suggest a test of 0.04084, but overbought shorts may trigger a rebound. Investors should remain cautious ahead of potential volatility.