Market Overview for Gravity/Tether (GUSDT): 24-Hour Analysis as of 2025-09-27

• Gravity/Tether (GUSDT) traded in a tight range for most of the day before breaking above 0.01 in early NY session.
• Price found strong resistance at 0.01001–0.01003 and retracted, forming bearish divergence in RSI and volume.
• 24-hour volume surged to 31.9M, with a final 15-minute bar showing 801,916 contracts and a 0.00996–0.00997 close.
• Bollinger Bands contracted sharply from 03:45 ET before expanding with a late rally, signaling rising volatility.
• MACD and RSI remain neutral-to-bullish, but Fibonacci retracement levels suggest a potential correction from recent highs.

At 12:00 ET–1, GUSDT opened at 0.00982 and reached a high of 0.01001, with a low of 0.00981, before closing at 0.00994 at 12:00 ET. Total volume for the 24-hour window was 31.9 million contracts, while notional turnover (estimated using average price of 0.00995) was approximately $317,000. The asset spent most of the day consolidating between 0.00985 and 0.00999 before a late push above 0.01, which failed to hold.

Structure & Formations

Price developed a small bullish wedge between 0.00985 and 0.01001, failing to break above the 0.01001 resistance after a strong 15-minute candle at 03:30 ET. A bearish engulfing pattern formed at 08:15 ET, indicating a likely reversal in short-term momentum. A doji at 09:15 ET confirmed indecision among buyers. The key support levels observed were 0.00992, 0.00996, and 0.00998, while resistance remained dominant at 0.01001 and 0.01003.

Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart converged near 0.00995–0.00997, supporting the consolidation seen between 04:00 and 08:00 ET. Price closed above both indicators in the final hours, suggesting a potential upward bias. On the daily chart, the 50-period MA sits at 0.00993, while the 100-period MA is at 0.00991. GUSDT remains above the 200-period MA at 0.00989, indicating medium-term strength.

MACD & RSI

The 12/26/9 MACD showed a bullish crossover in early morning hours but weakened as the day progressed. By 10:00 ET, the MACD histogram began to shrink, indicating waning bullish momentum. RSI peaked at 62, a neutral-to-bullish level, before retreating to 53 by 12:00 ET. While not yet in overbought territory, a divergence between price and RSI suggests caution. Price made higher highs while RSI failed to confirm, hinting at potential near-term pullback.

Bollinger Bands

Bollinger Bands contracted significantly from 03:45 ET onward, with the 20-period band width narrowing to a minimum of 0.00003 before expanding. Price tested the upper band at 0.01001 but failed to sustain above it. The mid-band sat near 0.00998 at 12:00 ET, with the lower band near 0.00994–0.00995, aligning with the closing price. The expansion suggests rising volatility but also a potential exhaustion in upward momentum.

Volume & Turnover

Volume spiked in the early morning with a 15-minute candle at 03:30 ET printing 856,978 contracts as price rose to 0.01001. Another spike of 381,672 contracts occurred at 13:00 ET with a push to 0.01. However, the final 15-minute candle of the day closed near 0.00994 with 801,916 contracts, indicating a failed rally. Notional turnover followed the same trend, with a peak at 03:30 ET. No significant divergence was observed between price and turnover.

Fibonacci Retracements

Applying Fibonacci to the morning rally from 0.00985 to 0.01001, the 38.2% retraction level is at 0.00996, the 50% at 0.00993, and the 61.8% at 0.00990. The price closed near the 50% level, suggesting a possible consolidation phase. On the daily chart, a 38.2% retracement of the previous day’s move is at 0.00990, with the 61.8% level at 0.00986, reinforcing the support seen near 0.00992.

Backtest Hypothesis

A potential backtesting strategy involves entering long positions on a bullish engulfing pattern forming on the 15-minute chart and exiting on a bearish divergence in RSI. Given the current setup, a long entry at 0.00996 with a target at 0.01001 and a stop-loss at 0.00992 could be considered. The 15-minute MACD crossover at 03:30 ET and the failed push at 03:45 ET suggest a high-risk/high-reward environment with volatility likely to persist.