Market Overview for Gravity (GUSDT)

• Gravity (GUSDT) broke a key resistance but faced a steep pullback into oversold territory.
• Volatility surged with a large-volume candle forming a bearish reversal pattern near 0.01206.
• RSI and momentum indicators suggest potential for a short-term bounce from 0.01146–0.01150.
• Bollinger Bands tightened late into the session, signaling possible consolidation or breakout.

Gravity (GUSDT) opened at $0.01174 on 2025-08-24 12:00 ET, peaked at $0.01208, and closed at $0.01148 by 12:00 ET on 2025-08-25. Total volume reached 60,585,266.0, while notional turnover stood at approximately $700,120 (based on volume × average price).

Structure & Formations

Gravity’s 15-minute chart showed a clear bearish reversal pattern near the intraday high of $0.01206, where volume spiked sharply. A large-volume candle closed lower than its open, signaling bearish conviction. A key support level appears to be forming at $0.01146–0.01150, coinciding with a recent Bollinger Band contraction.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart were both bearish, with price closing below both. On the daily chart, Gravity is positioned well below the 50-, 100-, and 200-period MAs, suggesting a longer-term downtrend remains intact.

MACD & RSI

The 15-minute MACD crossed into negative territory after the $0.01206 sell-off, confirming bearish momentum. The RSI has dipped into oversold territory, near 30, suggesting a potential short-term bounce may be imminent. However, the divergence between RSI and price action in the afternoon session hints at cautious optimism.

Bollinger Bands

Volatility spiked after 19:00 ET on 2025-08-24, with a large move that expanded the bands. By the end of the session, volatility had contracted significantly, suggesting a period of consolidation may precede a potential breakout or continuation of the downtrend. Price is currently near the lower band, reinforcing the case for a short-term bounce.

Volume & Turnover

Volume spiked sharply after the 19:00 ET candle, with one candle alone recording 12.1 million contracts. This volume confirmed the bearish breakdown from $0.01206. However, late-session volume has trended lower, suggesting conviction is waning. Turnover mirrored volume, with the largest notional turnover occurring during the critical sell-off.

Fibonacci Retracements

Fib levels on the key 0.01206–0.01148 swing indicate a 38.2% retracement at $0.01174 and a 61.8% at $0.01160. The 0.01146–0.01150 range aligns with the 50% Fib level, offering a potential pivot point for near-term buyers.

Gravity may test the 0.01146–0.01150 level in the next 24 hours, with RSI and Bollinger Bands suggesting a potential bounce. However, a break below this range could trigger a test of the 0.01134–0.01138 support zone. Investors should remain cautious as momentum and volume appear to be cooling after a sharp selloff.