Market Overview for Gravity/Tether (GUSDT) on 2025-10-01

• Gravity/Tether (GUSDT) traded in a bullish range over the last 24 hours, forming a sharp upward breakout in the late ET afternoon.
• A key 15-minute bullish engulfing pattern emerged near 0.00986, confirming momentum turning in favor of buyers.
• Volatility expanded significantly during the day, with a 15-minute high of 0.01016 vs. a low of 0.00962, reflecting heightened market participation.
• RSI and MACD showed divergences during midday consolidation, but bullish momentum reasserted in the final hours, closing near the 15-minute high.
• The 0.0098–0.0099 range appears to be a short-term support cluster, with the 0.01012–0.01016 levels acting as new resistance.

Gravity/Tether (GUSDT) opened at 0.00963 on October 1, 2025 (12:00 ET–1) and closed at 0.01016 by 12:00 ET the next day. The 24-hour range reached a high of 0.01016 and a low of 0.00962. Total volume amounted to 24,890,921.0 units, with a notional turnover of $249,923 (assuming $1 = 1 Tether). The pair saw a strong upward move in the afternoon and evening, breaking above key resistance levels.

Structure & Formations

The price of Gravity/Tether (GUSDT) showed a clear bullish bias over the 24-hour period, particularly in the 15-minute timeframe. Notable patterns included a bullish engulfing candle at the 18:45 ET session and a potential morning star formation in the 09:30–10:45 ET timeframe. These patterns indicate a shift in sentiment from bearish to bullish. A key support level appears to be the 0.0098–0.0099 cluster, where the price retested multiple times before breaking higher. Resistance levels at 0.01012 and 0.01016 were tested and breached, suggesting strong buying pressure in the latter half of the day.

Moving Averages

On the 15-minute chart, the price closed above both the 20-period and 50-period moving averages, indicating short-term bullish momentum. The 50-period line at approximately 0.00989 acted as a dynamic support earlier in the session before the price surged past it. On the daily chart, the 50-period and 100-period lines are close to one another, reflecting a consolidation phase. The 200-period moving average, at 0.00968, remains a strong long-term support reference but has not been tested in this period.

MACD & RSI

The MACD indicator turned positive in the afternoon and remained bullish into the late trading hours. A crossover above the signal line at 15:30 ET marked a strong bullish signal. The RSI, while showing a midday overbought condition near 65, did not exceed the 70 threshold, suggesting the move was still in control. A retest of the RSI 50 level in the evening reaffirmed the strength of the rally.

Bollinger Bands

The Bollinger Bands expanded significantly during the late ET afternoon, coinciding with the breakout above key resistance levels. The price closed near the upper band, indicating strong volatility and bullish pressure. The narrowing of the bands earlier in the day (07:00–11:00 ET) suggested a period of consolidation before the explosive move. The price has remained within the upper and middle bands since the breakout, reinforcing the bullish narrative.

Volume & Turnover

Trading volume spiked during the late ET afternoon and evening, particularly between 08:45–10:00 ET, when a 2.8 million-unit volume candle drove the price to a new 24-hour high. Turnover also increased in line with volume, showing no divergence between price and volume. This confirms strong institutional or large-cap buyer participation during the key upswing. The lack of divergence between price and turnover supports the view that the rally is not a false breakout.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing (0.00962–0.01016), the 61.8% level fell near 0.00999, which the price tested but did not hold for long before breaking higher. On a daily basis, the 38.2% retracement level at 0.00986 acted as a pivot point during the morning, where the price found strong support before continuing its rally.

Backtest Hypothesis

Given the observed patterns and momentum indicators, a potential backtest strategy could involve entering long positions on a bullish engulfing pattern formation near key support levels, with a stop-loss placed below the 0.00979 level (the previous swing low). A profit target could be set at the 0.01012–0.01016 resistance cluster. This approach would be confirmed by MACD crossover above the signal line and RSI staying within healthy momentum ranges (50–70). The high volume during the breakout also suggests a strong probability of the trend continuing into the next 24-hour window.