Market Overview for Gravity/Tether (GUSDT): 24-Hour Technical Summary

Summary
• Price formed a bullish engulfing pattern near 0.00464, followed by consolidation.
• Momentum picked up after 12:00 ET, with RSI reaching 55 and MACD turning positive.
• Volatility expanded after 02:00 ET, with Bollinger Bands widening and high volume clustering.

Gravity/Tether (GUSDT) opened at 0.00462 on January 3, 2026, and traded between 0.00459 and 0.00477, closing at 0.00469 on January 4 at 12:00 ET. The 24-hour trading volume was approximately 15,966,142 units, with a notional turnover of 72,155.31 USD.

Structure & Formations

A key support level appears to be consolidating around 0.00465–0.00467, while resistance is forming between 0.00470 and 0.00472. A bullish engulfing pattern emerged around 0.00464, which could suggest a reversal in short-term bearish sentiment. However, a long upper shadow in the candle following the pattern suggests some hesitation.

Moving Averages

On the 5-minute chart, the 20-period and 50-period SMAs have converged around the mid-range of the consolidation phase (0.00467–0.00469), suggesting potential equilibrium. For the daily chart, the 50-period SMA appears to be forming a floor at 0.00464, while the 200-period SMA remains a distant reference point.

Momentum and Volatility

Momentum indicators suggest a moderate upward shift. The RSI rose from a neutral 45 to 55 during the last 24 hours, indicating potential buying pressure. MACD crossed into positive territory after 12:00 ET, though it remains below the zero line, signaling cautious optimism. Volatility increased significantly after 02:00 ET, with Bollinger Bands expanding and price moving between the outer and middle bands, suggesting a period of heightened uncertainty.

Volume and Turnover Analysis

Volume spiked around 0.00464 and 0.00470, aligning with price consolidation and breakouts, respectively. Notional turnover (amount × price) showed a sharp increase between 00:30 and 01:30 ET, with over 67,974 USD transacted at peak. No major price-turnover divergence was observed, suggesting that price and volume actions are aligned.

Bollinger Bands and Fibonacci Levels

Price traded between the middle and upper Bollinger Bands during the morning hours, with a minor contraction observed during the overnight session. Fibonacci retracement levels from the swing high of 0.00477 to the swing low of 0.00465 suggest key levels at 0.00472 (38.2%), 0.00470 (50%), and 0.00468 (61.8%), which may dictate near-term direction.

Forward Outlook and Risk

Over the next 24 hours, GUSDT may test resistance at 0.00472 and seek confirmation above this level to signal a more bullish phase. A breakdown below 0.00465 could trigger a retest of earlier support levels. Investors should remain cautious as volatility remains elevated, and a lack of clear directional momentum could lead to a sideways consolidation phase.