Market Overview: Notcoin/Tether (NOTUSDT) on 2025-10-05

• Price rose from $0.001567 to $0.001631 over the past 24 hours.
• Strong momentum in the morning hours, with a high of $0.001654 observed.
• Key resistance appeared at $0.001631–$0.001646, where price consolidated in the afternoon.
• Volume peaked at $0.001636–$0.00165, with a total volume of 456,474,540 and turnover of $742,000.
• Overbought RSI and tightening Bollinger Bands suggest potential near-term correction.

The NOTUSDT pair opened at $0.001567 on 2025-10-04 at 12:00 ET and closed at $0.001631 on 2025-10-05 at 12:00 ET, with a high of $0.001654 and a low of $0.001567. Total volume for the 24-hour window reached 456,474,540, and notional turnover amounted to $742,000.

Structure & Formations

The NOTUSDT price formed a bullish pattern in the morning hours, with a bullish engulfing candle forming around 03:15 ET. A key resistance level appears to be forming near $0.001636–$0.001646, where price has been consolidating after a sharp rise. A potential support zone is forming between $0.001615–$0.001625, which could be tested if bears reassert control. A doji pattern at 09:45 ET also suggests indecision and a possible reversal.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages have both crossed to the upside, indicating strengthening bullish momentum. The 20SMA currently rests near $0.001618, while the 50SMA is at $0.001620, with price above both. On the daily timeframe, the 50DMA, 100DMA, and 200DMA have not yet been crossed, but price is trending above all three, suggesting a developing long-term bullish bias.

MACD & RSI

The MACD line turned positive and crossed above the signal line in the morning, indicating bullish momentum. The histogram has been expanding, suggesting increasing buying pressure. The RSI reached overbought levels near 68–70, particularly between 03:15–05:00 ET, signaling a potential pullback. However, price remains above the 50 RSI threshold, indicating that the bullish trend may still hold.

Bollinger Bands

Bollinger Bands have contracted significantly in the early hours of the morning before expanding as price surged upwards. This contraction indicated low volatility and a potential breakout, which materialized around 03:15–05:00 ET. Currently, price sits near the upper Bollinger Band, indicating that it is trading at the top of the recent volatility range. A reversion to the middle band could be expected if the overbought RSI holds weight.

Volume & Turnover

Volume spiked during the morning hours, with a peak at 03:15 ET of $0.001636–$0.001646 and a volume of 41,166,615. Notional turnover aligned with these spikes, confirming bullish conviction. However, divergence appears in the afternoon as volume begins to wane despite price consolidation. This suggests reduced conviction in the current rally.

Fibonacci Retracements

Applying Fibonacci retracements to the recent 15-minute swing from $0.001567 to $0.001654, the key levels are $0.001615 (38.2%), $0.001628 (50%), and $0.001643 (61.8%). Price is currently forming near the 61.8% level, which may act as a short-term resistance. A retest of the 50% level could offer a potential entry point for longs.

Backtest Hypothesis

A backtesting strategy using a combination of the MACD crossover, RSI overbought/oversold levels, and Fibonacci retracement levels could be used to time entries and exits. A long signal would be triggered when the MACD line crosses above the signal line, RSI dips below 50, and price is near a 38.2% or 50% Fibonacci level. A stop-loss could be placed just below the nearest support level, and a take-profit near the 61.8% or 78.6% level. This strategy would aim to capture momentum-driven moves with defined risk.