Market Overview for Notcoin/Tether (NOTUSDT)

• Price drifted lower, closing near 0.001937 after forming bearish patterns in the latter half of the day.
• Volatility expanded mid-session, with price testing key levels and failing to reclaim lost ground.
• RSI and MACD signaled weakening momentum, suggesting potential bearish continuation in the short term.
• Turnover surged during a sharp decline from 0.001945 to 0.001906, indicating heavy bear pressure.
• Bollinger Bands showed a moderate expansion, highlighting increased uncertainty in the pair’s near-term direction.

The 24-hour price action for Notcoin/Tether (NOTUSDT) saw the pair trade between 0.001956 and 0.001861, with a final close of 0.001937 at 12:00 ET on 2025-09-19. The session opened at 0.001942 (12:00 ET − 1), and saw a total volume of 445,847,600 tokens traded, representing a turnover of approximately $847,368 (at $0.001937).

Structure and formations revealed a bearish bias, particularly in the 4–6-hour window where price fell below a key support at 0.001931 and formed a series of dark cloud covers and bearish hammers. A notable bearish engulfing pattern appeared around 04:00 ET, marking a potential top and triggering a sustained decline. Resistance levels appear near 0.001945, while the immediate support is near 0.001920–0.001915.

Moving averages on the 15-minute chart showed price dipping below the 20 and 50-period lines, reinforcing the bearish bias. While the 200-period daily MA remains above current price levels, the pair is drifting further from it. This divergence may suggest short-term bearish momentum but does not confirm a long-term trend yet.

RSI reached oversold territory (below 30) in the late afternoon, signaling potential for a bounce, though MACD remained bearish with a negative histogram. Price also moved outside the lower Bollinger Band for several hours, indicating heightened volatility and uncertainty. A moderate expansion in the bands suggests that volatility may not fully subside in the near term.

Volume and turnover spiked during the sharp decline between 04:15 ET and 05:30 ET, with turnover reaching a peak of $19.1 million at one point. This divergence between price and volume during the decline suggests strong bearish conviction. However, a lack of follow-through buying above 0.001940 implies that bullish momentum is weak and likely to remain so unless a convincing breakout occurs.

Fibonacci retracement levels drawn from the swing high of 0.001956 to the swing low of 0.001861 show that price has found a temporary floor near 0.001915, which corresponds to the 61.8% retracement level. A rebound above 0.001940 would target the 38.2% level at 0.001937 and then test the 23.6% level at 0.001945–0.001948.