Market Overview for Gravity/Tether (GUSDT) on 2025-10-27
• Gravity/Tether (GUSDT) traded in a 24-hour range of 0.00728–0.0076, closing near the mid-range with modest volatility.
• A strong bullish impulse emerged overnight, peaking at 0.0076 before a consolidation phase followed.
• High-volume surges coincided with key resistance levels, suggesting active accumulation or distribution.
• RSI briefly touched overbought territory in the early morning, indicating short-term momentum.
• Price is approaching key Fibonacci retracement levels from a recent 15-min swing, signaling possible inflection points.
Gravity/Tether (GUSDT) opened at 0.00732 on 2025-10-26 12:00 ET, reached a high of 0.0076, and closed at 0.0074 at 12:00 ET on 2025-10-27. The 24-hour volume amounted to 16.98 million units, with a turnover of $124.84 million, reflecting active trading across key support and resistance levels.
On the 15-minute OHLCV data, GUSDT showed a distinct two-phase pattern. A strong overnight rally pushed prices above 0.0075, with a peak at 0.0076 driven by high-volume buying. This was followed by a consolidation and pullback into the early afternoon, suggesting profit-taking or short-term distribution. Notable candlestick formations included a bullish engulfing pattern at 02:15 AM and a bearish harami near 08:15 AM, signaling mixed momentum. The price found support at 0.0074–0.00743, where it appears to be testing the upper boundary of a recent 15-minute range.
The 20-period EMA on the 15-minute chart crossed above the 50-period EMA in the early morning, supporting the bullish move, while the 200-period daily EMA remains well below current price action. MACD showed a positive divergence during the early rally, with the histogram expanding before a contraction in the morning, indicating weakening momentum. RSI reached overbought territory at 75 and has since corrected into neutral ground. Bollinger Bands saw a moderate expansion during the peak rally, and the price remains near the upper band, suggesting high volatility and potential for a reversal or continuation.
Fibonacci retracement levels derived from a 15-minute swing (0.00732–0.0076) show the current price near the 61.8% level at 0.00749, a potential inflection point. Divergences between price and volume suggest caution: while volume spiked at key resistance levels, turnover did not confirm a breakout. The overall structure appears to be forming a broad ascending triangle, with the next 24 hours likely to determine whether the 0.0076–0.0077 range is tested or if a pullback below 0.0074 could retrigger short-term bearish sentiment. Investors should monitor for a breakout above 0.00745 or a breakdown below 0.0074 for a clearer directional signal.
The backtesting strategy described involves pattern-based entry signals, specifically the Bullish Engulfing pattern, and can be integrated with the technical indicators we've analyzed. Given the current structure and momentum indicators, a backtest could focus on detecting Bullish Engulfing patterns on 15-minute or daily candles. For GUSDT, such a pattern emerged at 02:15 AM, coinciding with a strong volume spike and a MACD divergence, suggesting a potential long entry. A backtest could evaluate the performance of a strategy that enters at the next open after such a signal, with a 24-hour holding period, using USDT as the quote currency. This approach could be tested from 2022-01-01 to today to assess its viability in both ranging and trending conditions.
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