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Summary
• Gravity/Tether (GUSDT) surged above 0.00491 after a sharp 5.5% rebound from early morning support.
• High-volume buying emerged between 05:00 and 12:00 ET, coinciding with a bullish breakout above a descending channel.
• Momentum picked up midday, with RSI briefly exceeding 60 and Bollinger Bands showing increased volatility.
• A large 5-minute bullish engulfing pattern formed at 06:00 ET, signaling a potential short-term reversal.
• Turnover spiked to $741,350 at 12:00 ET, confirming the breakout and raising near-term bullish expectations.
Gravity/Tether (GUSDT) opened at 0.00475 on 2026-01-06 at 12:00 ET, reaching a high of 0.00581 and a low of 0.00468, closing at 0.00536 on 2026-01-07 at 12:00 ET. Total volume was 245,400,190, and turnover was $1,365,787.74.

A key 61.8% retracement level at 0.00505 was cleared with ease during the 09:00–10:00 ET rally. The next Fibonacci level of interest is at 0.00532 (78.6%), which may act as resistance in the next 24 hours if bulls maintain control.
Gravity/Tether (GUSDT) appears to be consolidating above key resistance, supported by strong volume and confirmed by bullish momentum indicators. A test of the 0.00532–0.00540 range is likely. Investors should be cautious of a pullback to 0.00515–0.00505 in the next 24 hours if bearish momentum reemerges.
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